Form 4: Pitney Bowes Executive James Fairweather Reports Stock Transactions
SEC Form 4
EVP & Chief Innovation Officer of Pitney Bowes, James Fairweather, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 12, 2024, James Fairweather, EVP & Chief Innovation Officer of Pitney Bowes, reported transactions involving Pitney Bowes common stock.
- These transactions included the vesting of 30,252 restricted stock units and the disposal of 9,633 shares to cover tax obligations.
- Following these transactions, Fairweather directly owns 256,137 shares of Pitney Bowes common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 04/27/2021 | Date of execution of Power of Attorney. |
| 03/12/2024 | Date of stock transactions: vesting of restricted stock units and tax withholding. |
| 03/14/2024 | Date of signature on the report by Thomas Seitaridis POA for James Fairweather. |
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