Form 4: Pitney Bowes Executive Joseph Catapano Reports Stock Transactions
SEC Form 4 Filing
VP, Chief Accounting Officer Joseph Ronald Catapano reports the vesting and subsequent disposal of Pitney Bowes stock units.
Summary
- On September 6, 2024, Joseph Ronald Catapano, VP, Chief Accounting Officer of Pitney Bowes, reported transactions involving Pitney Bowes common stock.
- These transactions included the vesting of 11,881 and 3,805 restricted stock units and the subsequent disposal of 3,783 and 1,212 shares to cover tax obligations at a price of $6.58.
- Following these transactions, Catapano directly owns 95,998 shares of common stock and indirectly owns 1,406 shares through a 401(k).
- The report was filed by Elisabeth Weinberg, attorney in fact, on September 10, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transactions have a minimal 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 |
|---|---|
| 08/30/2024 | Date of Power of Attorney execution. |
| 09/06/2024 | Date of stock transactions (vesting and disposal). |
| 09/10/2024 | Date the Form 4 was signed. |
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