Form 4: Paul J. Evans Reports Acquisition of Pitney Bowes Restricted Stock Units

Director Paul J. Evans acquired 10,461 restricted stock units of Pitney Bowes on May 13, 2025, according to a Form 4 filing.

Summary

• On May 13, 2025, Paul J. Evans, a director of Pitney Bowes Inc., acquired 10,461 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of Pitney Bowes common stock.
• 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 transaction, Evans beneficially owns 17,266 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, indicating a standard compensation practice. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, which is a common practice in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The granting of RSUs aligns the director's interests with those of shareholders, potentially incentivizing actions that increase shareholder value.

Key Dates

Keywords

Form 4, restricted stock units, RSU, Pitney Bowes, PBI, Paul J. Evans, director, beneficial ownership, equity securities