Form 4: Pitney Bowes Director Todd A. Everett Reports Stock Unit Grant

Director Todd A. Everett reports acquisition of 10,461 restricted stock units in Pitney Bowes, vesting in one year.

Summary

• On May 13, 2025, Todd A. Everett, a director of Pitney Bowes Inc., reported 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 under the Amended Pitney Bowes Inc. 2024 Stock Plan.
• The RSUs have a one-year cliff vesting period.
• Following the transaction, Everett directly owns 60,279 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The grant of RSUs is a standard practice and aligns the director's interests with shareholders. It doesn't indicate any immediate financial distress or exceptional performance, hence a moderate score.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

This is a standard practice for publicly traded companies to compensate and incentivize directors with stock-based compensation.

Comparison to Industry Standards

• Stock grants to board members are a common practice across publicly traded companies.
• Companies like FedEx, UPS, and Quadient also use stock options and restricted stock units as part of their compensation packages for directors.
• The vesting schedules and amounts vary based on company size, performance, and industry standards.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates

Keywords

Restricted Stock Units, RSU, Director, Form 4, Pitney Bowes, Stock Grant, Beneficial Ownership, Everett