David Nierenberg - 28 Mar 2025 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
10%+ Owner
Signature
NIERENBERG INVESTMENT MANAGEMENT COMPANY, INC. By: /s/ David Nierenberg Name: David Nierenberg Title:President
Issuer symbol
PBPB
Transactions as of
28 Mar 2025
Net transactions value
+$207,502
Form type
4
Filing time
31 Mar 2025, 09:30:08 UTC
Previous filing
10 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBPB Common Stock Purchase $207,502 +22,169 +22% $9.36 124,167 28 Mar 2025 Direct F1, F5
holding PBPB Common Stock 1,590 28 Mar 2025 By: Children F1, F3, F7
holding PBPB Common Stock 3,150 28 Mar 2025 By: Spouse F1, F4, F7
holding PBPB Common Stock 887,555 28 Mar 2025 By: The D3 Family Fund, L.P. F1, F2, F6
holding PBPB Common Stock 1,561,985 28 Mar 2025 By: The D3 Family Bulldog Fund, L.P. F1, F2, F6
holding PBPB Common Stock 105,469 28 Mar 2025 By: Haredale Ltd. F1, F2, F6
holding PBPB Common Stock 425,555 28 Mar 2025 By: Benedict Value Fund, L.P. F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Nierenberg Investment Management Company, Inc. and David Nierenberg.
F2 Nierenberg Investment Management Company ("NIMCO") is the sole general partner of The D3 Family Fund, LP, The D3 Family Bulldog Fund, LP, and the Benedict Value Fund, LP and the sole investment manager of Haredale Ltd. (collectively, the "Funds"). Mr. Nierenberg is the president of NIMCO. By virtue of these relationships, each of the Reporting Persons may be deemed to beneficially own the securities owned directly by the Funds.
F3 Owned by children living in reporting person's household.
F4 Owned by spouse.
F5 The shares are owned solely by David Nierenberg.
F6 Each of the reporting persons disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein.
F7 Mr. Nierenberg disclaims beneficial ownership of the securities reported herein as beneficially owned directly by his spouse and son except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Nierenberg is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.