Form 4: Pitney Bowes Exec VP Gregg Zegras Reports Stock Transactions
SEC Form 4 Filing
Gregg Zegras, Executive VP at Pitney Bowes, reports the vesting of restricted stock units to cover tax obligations.
Summary
- On March 14, 2024, Gregg Zegras, Executive VP at Pitney Bowes, reported transactions involving Pitney Bowes common stock.
- 281 shares were acquired through the vesting of restricted stock units.
- These shares were then disposed of to cover Social Security and Medicare taxes on a 2021 grant that was deferred.
- The disposition price was $4.085 per share.
- Following these transactions, Zegras directly owns 73,919 shares of Pitney Bowes common stock and 27,336 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative 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 relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock transactions (vesting and disposal of shares). |
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