Form 4: Pitney Bowes Executive Vice President Deborah Pfeiffer Reports Stock Transactions
SEC Form 4 Filing
EVP Deborah Pfeiffer of Pitney Bowes reports the acquisition and disposal of common stock and restricted stock units on March 12, 2024.
Summary
- On March 12, 2024, Deborah Pfeiffer, EVP & President, Presort Services at Pitney Bowes, reported transactions involving the company's common stock and restricted stock units.
- Pfeiffer acquired 7,892 shares of common stock through the vesting of restricted stock units.
- She also disposed of 2,198 shares to cover tax obligations at a price of $4.085 per share.
- Following these transactions, Pfeiffer directly owns 153,823 shares of Pitney Bowes common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent 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 may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 09/13/2023 | Date of execution of Power of Attorney. |
| 03/12/2024 | Date of stock transactions: acquisition and disposal of shares. |
| 03/14/2024 | Date of signature for the report by Thomas Seitaridis POA for Deborah Pfeiffer. |
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