Form 4: Pitney Bowes Interim CEO Jason Dies Reports Stock Transactions
SEC Form 4 Filing
Interim CEO of Pitney Bowes, Jason Dies, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 12, 2024, Jason Dies, Interim CEO of Pitney Bowes, reported transactions involving Pitney Bowes common stock.
- Dies acquired 9,771 shares of common stock at $0.00 and disposed of 4,577 shares at $4.085.
- Following these transactions, Dies directly owns 264,739 shares of common stock and indirectly owns 28,117 shares.
- The transactions also involved the vesting of 9,771 restricted stock units, each representing a contingent right to receive one share of Pitney Bowes common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports transactions without expressing opinions or predictions.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency into the trading activities of Pitney Bowes' Interim CEO.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the actions of a key executive, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 2018/12/26 | Date of Power of Attorney execution, granting George Brereton and Thomas Seitaridis the authority to sign and file SEC forms on behalf of Jason C. Dies. |
| 2024/03/12 | Date of the reported stock transactions, including acquisition and disposal of common stock and vesting of restricted stock units. |
| 2024/03/14 | Date of signature of the report by Thomas Seitaridis POA for Jason C. Dies. |
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