Kurt James Wolf - 21 Nov 2025 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
President & CEO, Director
Signature
/s/ Elisabeth Weinberg, as attorney-in-fact for Kurt James Wolf
Issuer symbol
PBI
Transactions as of
21 Nov 2025
Transactions value $
-$79,004
Form type
4
Filing time
24 Nov 2025, 18:34:07 UTC
Previous filing
07 Nov 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 24 Nov 2025 0001693906

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +26K +73% $0.00 61.6K 21 Nov 2025 Direct
transaction PBI Common Stock Tax liability -$79K -8.17K -13.26% $9.67 53.5K 21 Nov 2025 Direct
holding PBI Common Stock 7.87M 21 Nov 2025 By Hestia Capital Partners, LP F1
holding PBI Common Stock 585K 21 Nov 2025 By Separately Managed Accounts F1

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 -26K -71.32% $0.00 10.5K 21 Nov 2025 Common Stock 26K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is the managing member of (a) Hestia Partners GP, the general partner of Hestia Capital Partners, LP (Hestia Capital), and (b) Hestia LLC, the investment manager of Hestia Capital 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. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F2 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F3 Restricted Stock Units granted on November 21, 2024 have a one year cliff vesting.