Pitney Bowes SEC Filings

Pitney Bowes Inc. (PBI) President & CEO and Director Kurt James Wolf reported equity transactions in company stock. On 11/21/2025, he acquired 26,008 shares of common stock at $0.00 through the vesting and settlement of restricted stock units, and disposed of 8,170 shares at $9.67, indicated as an "F" code transaction typically used for tax-related share withholding. After these transactions, he held 53,466 common shares directly. He is also reported as having indirect beneficial ownership of 7,871,168 shares through Hestia Capital Partners, LP and 584,637 shares through separately managed accounts, reflecting his role as managing member of the entities that control those holdings. Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock.

Pitney Bowes Inc. announced that it has begun cash tender offers to buy back up to a maximum aggregate amount of $75 million of its outstanding debt securities. The offers cover the company’s 6.70% Notes due 2043 and its 5.250% Medium-Term Notes due 2037, and are subject to certain conditions that must be met before any purchases are completed.

The company disclosed this action to inform holders of these notes and the market that it may reduce a portion of its long-term debt if noteholders choose to participate in the tender offers.

Hestia Capital Management filed Amendment No. 11 to Schedule 13D for Pitney Bowes (PBI), reporting group beneficial ownership of 8,455,805 shares (5.3%). Hestia Capital Partners LP directly owns 7,871,168 shares (approximately 4.9%). Helios I, LP now directly owns 0 shares and will cease to be a reporting person.

Recent activity includes in-kind distributions by Helios of 291,104 shares on September 11, 2025 and 3,018,521 shares on November 6, 2025, plus a transfer of 3,060,251 shares from Helios to Hestia Capital on November 6, 2025. Shares outstanding were 160,918,164 as of October 20, 2025. The remaining reporting persons entered a Joint Filing Agreement dated November 7, 2025.

Pitney Bowes (PBI) insider filing: Director and President & CEO Kurt James Wolf reported internal fund-related movements dated 11/06/2025. Following the termination of Helios I, LP on October 31 and its asset liquidation effective November 6, Helios disposed of 6,369,877 Pitney Bowes shares, calculated at a $9.88 closing price. In connection with the liquidation, investors elected to apply balances to Hestia Capital Partners, LP, which acquired 3,060,251 shares, also calculated at $9.88.

Pitney Bowes (PBI) director Peter C. Brimm reported open‑market purchases on 10/31/2025. He acquired 11,800 common shares at $10.16 and an additional 700 shares at $10.1526, bringing his beneficially owned common stock to 12,500 shares, held directly.

He also purchased derivative securities: 100 call options (right to buy) with a $10 exercise price, exercisable 10/31/2025 and expiring 01/15/2027, covering 10,000 underlying shares, at a derivative price of $220. All transactions are coded “P” (purchase).

The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 18,007,210 shares of Pitney Bowes Inc. common stock, representing 10.46% of the class as of September 30, 2025.

Vanguard reports 0 shares with sole voting power and 1,106,399 with shared voting power. It has sole dispositive power over 16,729,270 shares and shared dispositive power over 1,277,940 shares. The filing identifies Vanguard as an investment adviser and includes the standard certification that the securities were acquired and are held in the ordinary course and not to change or influence control.

Vanguard notes that its clients, including registered investment companies and other managed accounts, have rights to dividends or sale proceeds, and no single other person’s interest exceeds five percent.

Pitney Bowes Inc. reported Q3 2025 results with total revenue of $459.7 million, down from $499.5 million a year ago. The company posted income from continuing operations of $52.0 million and diluted EPS of $0.30, compared with a diluted loss per share of $0.75 a year ago that included sizable discontinued operations losses.

Services revenue was $289.5 million and Products revenue was $89.7 million, while Financing and other contributed $80.5 million. SendTech Solutions generated $310.8 million of revenue and adjusted segment EBIT of $101.1 million, essentially flat year over year. Presort Services delivered $148.9 million of revenue with adjusted segment EBIT of $32.6 million, down from $46.2 million.

Operating costs eased: SG&A fell to $144.2 million from $190.0 million, and restructuring charges dropped to $1.8 million from $30.7 million. Cash and cash equivalents were $321.0 million at quarter end. For the nine months, net cash from operating activities was $161.6 million. As of October 20, 2025, shares outstanding were 160,918,164.

Pitney Bowes Inc. reported quarterly results via an 8-K. On October 29, 2025, the company issued a press release with financial results for the three and nine months ended September 30, 2025 and 2024, including consolidated statements of income, supplemental information, a reconciliation of reported to adjusted results, and consolidated balance sheets at September 30, 2025 and December 31, 2024. A letter from President and CEO Kurt Wolf discussing third-quarter 2025 results was also provided. Both materials were filed as Exhibits 99.1 and 99.2.

Pitney Bowes Inc. disclosed that Milena Alberti-Perez resigned from its Board of Directors effective September 29, 2025. The filing states her resignation was not the result of any dispute or disagreement with the company regarding its operations, policies, or practices. The company furnished a press release dated October 3, 2025 as Exhibit 99.1 to this current report; the exhibit is incorporated by reference into the filing but the exhibit information is not deemed "filed" under the Exchange Act for Section 18 liability purposes. No financial statements, transactions, or other additional disclosures were included in the content provided.