Form 4: Pitney Bowes EVP Ana Maria Chadwick Reports Stock Transactions
SEC Form 4
Ana Maria Chadwick, EVP & Chief Financial Officer of Pitney Bowes, reports the acquisition and disposal of common stock and restricted stock units on March 12, 2024.
Summary
- On March 12, 2024, Ana Maria Chadwick, EVP & Chief Financial Officer of Pitney Bowes, engaged in transactions involving Pitney Bowes Inc. common stock.
- Chadwick acquired 9,395 shares of common stock through the vesting of restricted stock units.
- She also disposed of 4,401 shares to cover tax obligations at a price of $4.085 per share.
- Following these transactions, Chadwick directly owns 96,379 shares of Pitney Bowes common stock.
- The transactions were executed under the Amended and Restated 2018 Stock Plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by Section 16(a) of the Securities Exchange Act of 1934. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity, which is closely monitored by investors for insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| January 19, 2021 | Date of execution of Power of Attorney, granting George Brereton and Thomas Seitaridis the authority to sign and file SEC forms on behalf of Ana Maria Chadwick. |
| March 12, 2024 | Date of the reported transactions: acquisition of 9,395 shares through vesting of restricted stock units and disposal of 4,401 shares for tax obligations. |
| March 14, 2024 | Date of signature of the Form 4 by Thomas Seitaridis under Power of Attorney for Ana Maria Chadwick. |
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