Karen Lynette McKee's Disposition of Potbelly Corp Shares and Performance Stock Units

On October 23, 2025, Karen Lynette McKee, Senior Vice President of Franchising at Potbelly Corp, disposed of 15,855 shares of common stock at $17.12 per share, resulting in zero shares remaining. Additionally, McKee disposed of 16,347 Performance Stock Units (PSUs) at the same price per share, also resulting in zero shares remaining. These transactions were part of the merger agreement between Potbelly Corp, RaceTrac, Inc., and Hero Sub Inc., which converted each share of common stock into the right to receive $17.12 per share in cash. The PSUs were converted into contingent cash awards based on the same terms.