PBI (NYSE) affiliate sells 136,500+ shares across multiple April 2026 trades
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
PBI notice of proposed sales of common stock by affiliated holders under Form 144, listing multiple historic open-market purchases and recent completed dispositions. The excerpt shows sales by Hestia Capital Partners LP of 136,500, 136,500, 145,863, and 36,326 common shares on specified dates in 2026 with corresponding proceeds.
Positive
- None.
Negative
- None.
Key Figures
Sale — 02/23/2026: 136,500 shares
Proceeds — 02/23/2026: $1,406,577.90
Sale — 03/11/2026: 136,500 shares
+5 more
8 metrics
Sale — 02/23/2026
136,500 shares
Hestia Capital Partners LP sale on 02/23/2026
Proceeds — 02/23/2026
$1,406,577.90
Proceeds reported for 136,500-share sale on 02/23/2026
Sale — 03/11/2026
136,500 shares
Hestia Capital Partners LP sale on 03/11/2026
Proceeds — 03/11/2026
$1,416,487.80
Proceeds reported for 03/11/2026 sale
Sale — 04/01/2026
145,863 shares
Hestia Capital Partners LP sale on 04/01/2026
Proceeds — 04/01/2026
$1,613,317.71
Proceeds reported for 04/01/2026 sale
Sale — 04/02/2026
36,326 shares
Hestia Capital Partners LP sale on 04/02/2026
Proceeds — 04/02/2026
$404,562.66
Proceeds reported for 04/02/2026 sale
Key Terms
Form 144, open market purchase, proceeds
3 terms
Form 144 regulatory
"notice of proposed sales of common stock by affiliated holders"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
open market purchase market
"historic entries labeled open market purchase with dates and share counts"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
proceeds financial
"numeric cash amounts listed beside each completed sale"
FAQ
What does the PBI Form 144 filing disclose?
The filing lists proposed and recent sales of PBI common stock by affiliates, including multiple historic open-market purchases and completed dispositions by Hestia Capital Partners LP. It provides share counts and proceeds for specific sale dates in 2026.
Are these sales open-market transactions for PBI?
The document records many historic purchases labeled as open market purchase, and the recent Hestia dispositions are shown as completed sales. The excerpt ties specific dates to each transaction type and cash amounts.
Do proceeds appear in the PBI excerpt and what are they?
Yes. The excerpt lists proceeds alongside each Hestia sale: $1,406,577.90, $1,416,487.80, $1,613,317.71, and $404,562.66 for the respective sale dates shown in 2026.