Form 4: Pitney Bowes Director Kurt Wolf Reports Stock Transactions
SEC Form 4
Director Kurt Wolf reports the acquisition and disposal of Pitney Bowes common stock and restricted stock units.
Summary
- Kurt Wolf, a director of Pitney Bowes Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On May 2, 2025, Wolf acquired 18,904 shares of common stock and disposed of 18,904 shares related to restricted stock units.
- Following these transactions, Wolf directly owns 49,818 restricted stock units.
- Wolf also indirectly owns 4,810,917 shares through Hestia Capital Partners, LP, 8,309,492 shares through Helios I, LP, and 584,636 shares through Separately Managed Accounts.
- These indirect holdings are managed by Hestia Partners GP and Hestia LLC, where Wolf serves as the managing member.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of Power of Attorney execution. |
| 05/02/2025 | Date of stock transactions (acquisition and disposal). |
| 05/06/2025 | Date of Elisabeth Weinberg signing the document as attorney in fact. |
Keywords
Form 4, Beneficial Ownership, Pitney Bowes, Director, Stock Transactions, Securities, Wolf Kurt James
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