Form 4: Pitney Bowes EVP Deborah Pfeiffer Reports Stock Transactions
SEC Form 4
Deborah Pfeiffer, EVP & President of Presort Services at Pitney Bowes, reports multiple transactions involving common stock and restricted stock units on February 25, 2025.
Summary
- On February 25, 2025, Deborah Pfeiffer, EVP & President of Presort Services at Pitney Bowes, engaged in several transactions involving Pitney Bowes common stock and restricted stock units.
- These transactions included the acquisition of common stock through the vesting of restricted stock units and the disposition of common stock to cover tax obligations.
- Specifically, 19,009, 3,806, and 20,050 shares were acquired upon the vesting of restricted stock units.
- Simultaneously, 8,146, 1,631, and 8,569 shares were disposed of to satisfy tax withholding requirements at a price of $10.645 per share.
- Following these transactions, Pfeiffer directly owns 148,643 shares of Pitney Bowes common stock and 40,100 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 2024/08/01 | Date of Power of Attorney execution. |
| 2025/02/25 | Date of stock transactions (acquisition and disposition of shares and restricted stock units). |
| 2025/02/26 | Date of restricted stock unit award. |
| 2025/02/27 | Date of signature for the Form 4 filing. |
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