Shemin Nurmohamed - 25 Feb 2025 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
EVP & Pres, SendTech Solutions
Signature
Elisabeth Weinberg, as attorney in fact for Shemin Nurmohamed
Issuer symbol
PBI
Transactions as of
25 Feb 2025
Net transactions value
-$42,474
Form type
4
Filing time
27 Feb 2025, 18:57:47 UTC
Previous filing
18 Mar 2024
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 +4,567 +35% $0.000000 17,522 25 Feb 2025 Direct
transaction PBI Common Stock Tax liability $28,859 -2,711 -15% $10.64 14,811 25 Feb 2025 Direct
transaction PBI Common Stock Options Exercise $0 +394 +2.7% $0.000000 15,205 25 Feb 2025 Direct F1
transaction PBI Common Stock Tax liability $4,194 -394 -2.6% $10.64 14,811 25 Feb 2025 Direct F1
transaction PBI Common Stock Options Exercise $0 +885 +6% $0.000000 15,696 25 Feb 2025 Direct F2
transaction PBI Common Stock Tax liability $9,421 -885 -5.6% $10.64 14,811 25 Feb 2025 Direct F2

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 -4,567 -50% $0.000000 4,566 25 Feb 2025 Common Stock 4,567 Direct F3, F4
transaction PBI Restricted Stock Unit Options Exercise $0 -394 -1.1% $0.000000 34,463 25 Feb 2025 Common Stock 394 Direct F1, F3, F4
transaction PBI Restricted Stock Unit Options Exercise $0 -885 -1.1% $0.000000 79,316 25 Feb 2025 Common Stock 885 Direct F2, F3, F4
transaction PBI Restricted Stock Unit Award $0 +34,123 $0.000000 34,123 26 Feb 2025 Common Stock 34,123 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents shares used to pay tax withholding obligations associated with the vesting of the 2022 granted RSU award that was deferred.
F2 This transaction represents shares used to pay tax withholding obligations associated with the vesting of the 2024 granted RSU award that was deferred.
F3 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F4 Each unit represents a contingent right to receive one share of Pitney Bowes common stock that vests over a three year period on the fourth Tuesday in February.
F5 Awards are subject to the terms of the 2024 Stock Plan.