Pitney Bowes Inc. President & CEO Kurt James Wolf reported that Hestia Capital Partners, LP sold 136,500 shares and separately managed accounts sold 13,500 shares on October 1, 2026, each at a weighted average price of $16.1560 per share. The broker-assisted sales were made under a Rule 10b5-1 plan adopted November 10, 2025. Holdings following the transactions were reported as 883,191 shares for Hestia Capital, 91,321 for the accounts, and 1,611,438 held directly by Wolf. Wolf disclaimed beneficial ownership except to the extent of his pecuniary interest.
Pitney Bowes Inc. (PBI) amended its credit agreement on September 29, 2026, lowering the applicable interest margin on its Term Loan B. The Term SOFR margin fell by 75 basis points, from 375 basis points to 300 basis points, and the Base Rate margin is 2.00%. Pitney Bowes reported $585.5 million of tranche B term loans outstanding as of September 29, 2026.
Based on the current outstanding principal balance, the repricing is expected to reduce annual interest expense by approximately $4 million. The transaction closed on September 29, 2026; the loan's March 2032 maturity and other facility terms remained unchanged.
Pitney Bowes said recently completed tender offers retired more than $46 million of debt at a discount to par, and S&P Global Ratings upgraded its issuer credit rating to 'BB-' from 'B+'. Separately, the company said its debt actions over the past year, together with this repricing, reduce annualized interest expense by approximately $13 million.
Pitney Bowes Inc. EVP and President of SendTech Todd A. Everett converted 4,310 restricted stock units into 4,310 common shares on September 26, 2026. The reported restricted-stock-unit position following the transaction was 8,621 units. He also reported 1,050 common shares delivered or withheld for payment of exercise price or tax liability, reported at $16.3450 per share.
PITNEY BOWES INC director Wayne Remell converted 5,601 restricted stock units into 5,601 shares of common stock on September 22, 2026. Each unit represented a contingent right to receive one common share; the units were granted to non-employee directors on September 22, 2025, and cliff vested according to schedule on September 22, 2026. After the transaction, he directly held 5,601 common shares, and his reported restricted stock unit position was zero.
Pitney Bowes Inc. (PBI) reported the completion and results of its cash tender offers for two series of outstanding notes. The company had offered to purchase for cash, subject to terms and conditions, up to $50,000,000 aggregate principal amount of its 6.70% Notes due 2043 and 5.250% Medium-Term Notes due 2037.
As of the expiration of the tender offers at 5:00 p.m. New York City time on September 18, 2026, a total of $46,467,050 aggregate principal amount of notes had been validly tendered and not validly withdrawn. This included $40,765,050 of the 6.70% Notes due 2043 and $5,702,000 of the 5.250% Medium-Term Notes due 2037. The company has accepted for payment all notes validly tendered pursuant to the settlement procedures described in its Offer to Purchase dated August 20, 2026.
Pitney Bowes Inc. (PBI) reported that entities associated with President & CEO and director Kurt James Wolf sold Pitney Bowes common stock in mid-September 2026. On September 15–17, 2026, Hestia Capital Partners, LP and certain separately managed accounts sold an aggregate 199,258 shares in open-market or private transactions at weighted average prices around $17.31–$17.46 per share. These transactions were effected under a Rule 10b5-1 trading plan adopted by Wolf on November 10, 2025 during an open trading window. Following these transactions, Wolf directly owns 1,611,438 shares of Pitney Bowes common stock, which includes 381.973785 shares acquired through the company’s dividend reinvestment plan through September 17, 2026. As managing member of the entities involved, Wolf may be deemed the beneficial owner of the indirectly held shares and disclaims beneficial ownership except to the extent of his pecuniary interest.
PITNEY BOWES INC (PBI) executive Everett Todd A., EVP and President of SendTech, reported selling 10,000 shares of common stock on September 10, 2026 at a weighted average price of $16.895 per share in open-market or private transactions pursuant to a Rule 10b5-1 trading plan. Following this sale, he held 86,048 shares of Pitney Bowes common stock directly.
PITNEY BOWES INC (PBI) insider Todd A. Everett filed a notice of proposed sale under Rule 144 for 10,000 shares of common stock of Pitney Bowes Inc. The planned sale, through Morgan Stanley Smith Barney LLC, is tied to restricted stock units granted on May 3, 2024 and reflects an indicated aggregate market value of $171,700.00. The notice also lists that Everett sold 25,000 shares of Pitney Bowes common stock during the prior three months for an aggregate value of $451,700.00.
PITNEY BOWES INC (PBI) executive Deborah Pfeiffer, EVP & President, Presort Services, reported selling 20,000 shares of common stock on September 8, 2026 in an open-market or private transaction at a weighted average price of $17.11 per share, with individual trade prices ranging from $17.04 to $17.22. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by her on June 9, 2026 during the company’s open window period. After this transaction she directly holds 79,223 shares of Pitney Bowes common stock, which includes 1,395.170701 shares acquired through the company’s dividend reinvestment plan through September 8, 2026.
Pitney Bowes Inc. (PBI) has a notice of proposed sale under Rule 144 for 20,000 shares of common stock to be sold for an aggregate of $348,000 for the account of Deborah Pfeiffer. The shares are expected to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE on September 8, 2026. The shares were acquired upon vesting of restricted stock units during the period from September 8, 2023 through March 12, 2024.