Form 4: Pitney Bowes Executive Reports Stock Transactions
SEC Form 4
Joseph R. Catapano, VP and Chief Accounting Officer of Pitney Bowes, reports the vesting and disposition of restricted stock units.
Summary
- On March 12, 2024, Joseph R. Catapano, VP, Chief Accounting Officer of Pitney Bowes, reported transactions involving Pitney Bowes common stock.
- These transactions included the vesting of 5,919 restricted stock units and the disposition of 1,885 shares to cover tax obligations at a price of $4.085 per share.
- Following these transactions, Catapano directly owns 83,639 shares of Pitney Bowes common stock and indirectly owns 1,363 shares.
- The transactions were executed under the Amended and Restated 2018 Stock Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by SEC regulations.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2019-01-02 | Date of Power of Attorney execution. |
| 2024-03-12 | Date of stock transactions (vesting and disposition). |
| 2024-03-14 | Date of signature on the Form 4 report. |
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