Lance Rosenzweig - Jan 24, 2025 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
Elisabeth Weinberg - POA for Lance Rosenzweig
Stock symbol
PBI
Transactions as of
Jan 24, 2025
Transactions value $
-$156,104
Form type
4
Date filed
1/27/2025, 03:34 PM
Previous filing
Nov 25, 2024
Next filing
Apr 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +50K +17.05% $0.00 343K Jan 24, 2025 Direct
transaction PBI Common Stock Tax liability -$156K -18.7K -5.46% $8.33 325K Jan 24, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PBI Restricted Stock Unit Options Exercise $0 -50K -33.33% $0.00 100K Jan 24, 2025 Common Stock 50K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F2 The restricted stock units were granted on 21-Nov-2024 and vest in 25% intervals as follows: 21-Nov-2024, 24-Jan-2025, 23-Apr-2025, and 22-Jul-2025.