David Head's Disposal of Potbelly Corp Common Stock

David W. Head, a director of Potbelly Corp, disposed of 147,726 shares of common stock on October 23, 2025, at a price of $17.12 per share. This transaction was part of the merger agreement between Potbelly Corp, RaceTrac, Inc., and Hero Sub Inc., where each share of common stock was converted into the right to receive $17.12 in cash. Following this transaction, Head no longer holds any shares of Potbelly Corp common stock. The merger also addressed the treatment of restricted stock units (RSUs), with vested RSUs being converted into cash and unvested RSUs being substituted into contingent cash awards.