(PBI)

Role: President & CEO, Director
Signature: /s/ Elisabeth Weinberg, as attorney-in-fact for Kurt James Wolf
Stock symbol: PBI
Transactions as of: Aug 15, 2025
Transactions value $: $0
Form type: 4
Date filed: 8/15/2025, 05:17 PM
Previous filing: Jun 18, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Wolf Kurt James	President & CEO, Director	3001 SUMMER ST., STAMFORD	/s/ Elisabeth Weinberg, as attorney-in-fact for Kurt James Wolf	2025-08-15	0001693906

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	PBI	Common Stock	Other	-270K	-4.06%	6.37M	Aug 15, 2025	By Helios I, LP	F1, F2
holding	PBI	Common Stock				4.81M	Aug 15, 2025	By Hestia Capital Partners, LP	F2
holding	PBI	Common Stock				585K	Aug 15, 2025	By Separately Managed Accounts	F2
holding	PBI	Common Stock				35.4K	Aug 15, 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were transferred to two investors of the Hestia Parties (as defined in footnote 2) in order to meet a redemption request.
F2	The reporting person is the managing member of (a) Hestia Partners GP, the general partner of Hestia Capital Partners, LP (Hestia Capital) and Helios I, LP (Helios), and (b) Hestia LLC, the investment manager of Hestia Capital, Helios, and certain separately managed accounts (the SMAs). As the managing member of each of Hestia Partners GP and Hestia LLC, the reporting person may be deemed the beneficial owner of the shares directly owned by Hestia Capital, shares directly owned by Helios, and shares held in the SMAs. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Hestia Partners GP, Hestia Capital, and Hestia LLC are collectively referred to as the Hestia Parties.

Content

These shares were transferred to two investors of the Hestia Parties (as defined in footnote 2) in order to meet a redemption request.

The reporting person is the managing member of (a) Hestia Partners GP, the general partner of Hestia Capital Partners, LP (Hestia Capital) and Helios I, LP (Helios), and (b) Hestia LLC, the investment manager of Hestia Capital, Helios, and certain separately managed accounts (the SMAs). As the managing member of each of Hestia Partners GP and Hestia LLC, the reporting person may be deemed the beneficial owner of the shares directly owned by Hestia Capital, shares directly owned by Helios, and shares held in the SMAs. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Hestia Partners GP, Hestia Capital, and Hestia LLC are collectively referred to as the Hestia Parties.