Kurt James Wolf - 06 Nov 2025 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
/s/ Elisabeth Weinberg, as attorney-in-fact for Kurt James Wolf
Issuer symbol
PBI
Transactions as of
06 Nov 2025
Transactions value $
-$32,699,105
Form type
4
Filing time
07 Nov 2025, 16:47:45 UTC
Previous filing
15 Aug 2025
Next filing
24 Nov 2025

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 07 Nov 2025 0001693906

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Other -$62.9M -6.37M -100% $9.88 0 06 Nov 2025 By Helios I, LP F1
transaction PBI Common Stock Other $30.2M +3.06M +63.61% $9.88 7.87M 06 Nov 2025 By Hestia Capital Partners, LP F2
holding PBI Common Stock 585K 06 Nov 2025 By Separately Managed Accounts F3
holding PBI Common Stock 35.6K 06 Nov 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Helios I, LP (Helios) was terminated on October 31, 2025 and its assets liquidated effective November 6, 2025. The number of shares disposed of was calculated based on the closing price of Pitney Bowes common stock on October 31, 2025.
F2 In connection with the liquidation of Helios' assets, several investors in Helios elected to have their ending capital balance applied as a capital contribution to Hestia Capital Partners, LP. The number of shares acquired was calculated based on the closing price of Pitney Bowes common stock on October 31, 2025.
F3 The reporting person is the managing member of (a) Hestia Partners GP, the general partner of Hestia Capital Partners, LP (Hestia Capital) and Helios (prior to its termination), and (b) Hestia LLC, the investment manager of Hestia Capital, Helios (prior to its termination), 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 and shares held in the SMAs, and was previously deemed the beneficial owner of the shares directly owned by Helios (prior to its termination). The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.