Form 4: Pitney Bowes Executive VP Gregg Zegras Reports Stock Transactions
SEC Form 4 Filing
Gregg Zegras, Executive VP at Pitney Bowes, reports transactions involving common stock and restricted stock units related to tax obligations and vesting schedules.
Summary
- On July 3, 2024, Gregg Zegras, Executive VP at Pitney Bowes, reported transactions involving Pitney Bowes common stock.
- These transactions included the acquisition of 2,293 shares of common stock and the disposal of 2,293 shares to cover Social Security and Medicare taxes on a deferred 2023 grant.
- Following these transactions, Zegras directly owns 75,535 shares of Pitney Bowes common stock.
- Zegras also reported transactions involving restricted stock units, with 138,051 units beneficially owned following the reported transaction.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, as required by SEC regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 07/03/2024 | Date of the reported stock transactions. |
| 07/05/2024 | Date of signature for the report. |
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