PBI.NYSEPitney Bowes INC /DE/
Form 4: Pitney Bowes Director Mary Guilfoile Reports Stock Unit Vesting
Sentiment:
SEC Form 4
Director Mary Guilfoile reports the vesting of restricted stock units into common stock of Pitney Bowes.
Summary
- On May 3, 2024, Mary Guilfoile, a director of Pitney Bowes Inc., had 30,769 restricted stock units (RSUs) vest into common stock.
- This transaction increased her direct holdings of Pitney Bowes common stock to 160,692.4647 shares.
- The RSUs, granted on May 19, 2023, vested after a one-year cliff vesting period as defined in the company's 2018 Stock Plan.
- The transaction was executed at a price of $0.00.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock unit vesting, neither particularly positive nor negative.
Stakeholder Impact
- The vesting of stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| January 12, 2019 | Date of Power of Attorney execution. |
| May 19, 2023 | Date the restricted stock units were granted. |
| May 03, 2024 | Date of transaction (vesting of restricted stock units). |
| May 06, 2024 | Date of signature by Thomas Seitaridis POA for Mary Guilfoile. |
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