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

Role: CEO, Director
Signature: Elisabeth Weinberg - POA for Lance Rosenzweig
Issuer symbol: PBI
Transactions as of: 24 Jan 2025
Net transactions value: -$156,104
Form type: 4
Filing time: 27 Jan 2025, 15:34:06 UTC
Previous filing: 25 Nov 2024
Next filing: 14 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBI	Common Stock	Options Exercise	$0	+50,000	+17%	$0.000000	343,314	24 Jan 2025	Direct
transaction	PBI	Common Stock	Tax liability	$156,104	-18,740	-5.5%	$8.33	324,574	24 Jan 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	-50,000	-33%	$0.000000	100,000	24 Jan 2025	Common Stock	50,000		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.