PBI.NYSEPitney Bowes INC /DE/

Form 4: Pitney Bowes Executive Borrelle Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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William A. Borrelle, SVP and Chief Marketing Officer of Pitney Bowes, reports the acquisition and disposal of common stock and restricted stock units.

Summary

  • On April 10, 2024, William A. Borrelle, SVP, Chief Marketing Officer of Pitney Bowes, reported transactions involving Pitney Bowes Inc. common stock and restricted stock units.
  • Borrelle acquired 33,485 shares of common stock through the vesting of restricted stock units at a price of $0.00.
  • He also disposed of 10,583 shares of common stock at a price of $4.13.
  • Following these transactions, Borrelle beneficially owns 159,347.9149 shares of Pitney Bowes common stock directly.
  • The reported transactions were executed under the 2018 Stock Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It reflects executive compensation and alignment with shareholder interests.

Stakeholder Impact

  • Shareholders are informed about the stock transactions of a key executive, providing insight into management's perspective on the company's value.

Key Dates

DateDescription
2019-01-02Date of execution of Power of Attorney.
2024-04-10Date of stock transactions (acquisition and disposal).
2024-04-11Date of signature of the report by Thomas Seitaridis POA for William A. Borrelle.

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