Form 4: Catherine Levene, Pitney Bowes Inc. Director, Reports Acquisition of Restricted Stock Units

Director Catherine Levene reports acquisition of 10,461 restricted stock units (RSUs) in Pitney Bowes Inc. with one-year cliff vesting.

Summary

• Catherine Levene, a director of Pitney Bowes Inc., filed a Form 4 on May 14, 2025, reporting a transaction that occurred on May 13, 2025.
• The transaction involved the acquisition of 10,461 Restricted Stock Units (RSUs).
• These RSUs represent a contingent right to receive one share of Pitney Bowes common stock per unit.
• The RSUs were granted on May 13, 2025, and have a one-year cliff vesting period as defined in the Amended Pitney Bowes Inc. 2024 Stock Plan.
• Following the reported transaction, Ms. Levene beneficially owns 17,266 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of RSUs by a director is generally seen as a good sign, indicating confidence in the company's future. However, it's a routine transaction.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs vest after one year, suggesting a commitment to the company's performance over that period.

Industry Context

Director stock acquisitions are common and are often viewed as a positive sign, aligning management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder sentiment.

Key Dates

Keywords

Form 4, Restricted Stock Units, RSU, Pitney Bowes, Director, Catherine Levene, Beneficial Ownership, Equity Securities, Transaction