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Hestia to sell 791,957 Pitney Bowes shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PITNEY BOWES INC (PBI) is the issuer for which Hestia Capital Partners has filed a Notice of Proposed Sale of Securities under Rule 144. Hestia plans to sell up to 791,957 common shares of Pitney Bowes through BTIG, LLC, with an aggregate market value of $13,685,016.96. The notice references 137,090,212 Pitney Bowes common shares outstanding as of August 27, 2026. In the three months from May 27, 2026, to August 3, 2026, Hestia reported multiple open-market sales of Pitney Bowes common stock, including a single transaction of 391,703 shares for $7,139,570.58 on July 30, 2026.

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Shares to be sold 791,957 common shares Pitney Bowes common stock to be sold under Rule 144 by Hestia Capital Partners
Aggregate market value $13,685,016.96 Aggregate market value of 791,957 Pitney Bowes common shares covered by the notice
Shares outstanding 137,090,212 common shares Pitney Bowes common shares outstanding as of August 27, 2026
Largest recent sale shares 391,703 common shares Pitney Bowes common shares sold by Hestia on July 30, 2026
Largest recent sale value $7,139,570.58 Aggregate sale price for 391,703 shares sold on July 30, 2026
Recent sale on May 27, 2026 221,984 shares for $3,479,488.21 Pitney Bowes common shares sold by Hestia on May 27, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"| 791957 | 13685016.96 | 137090212 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
open market purchase financial
"common | 04/27/2023 | open market purchase | open market"
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.
affiliate regulatory
"In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. affiliate"

FAQ

What does the Form 144 filing disclose for Pitney Bowes (PBI)?

The filing discloses that Hestia Capital Partners intends to sell up to 791,957 Pitney Bowes common shares under Rule 144 through BTIG, LLC, with an aggregate market value of $13,685,016.96, based on Pitney Bowes’ reported outstanding shares.

How many Pitney Bowes (PBI) shares does Hestia plan to sell under this Form 144?

Hestia Capital Partners plans to sell up to 791,957 shares of Pitney Bowes common stock under this Rule 144 notice. These shares are to be sold through BTIG, LLC on the NYSE as indicated in the filing.

What is the aggregate market value of the Pitney Bowes (PBI) shares covered by the Form 144?

The Rule 144 notice reports an aggregate market value of $13,685,016.96 for the 791,957 Pitney Bowes common shares that Hestia Capital Partners proposes to sell through BTIG, LLC.

How many Pitney Bowes (PBI) shares are reported outstanding in the Form 144?

The notice references 137,090,212 Pitney Bowes common shares outstanding as of August 27, 2026. This figure is provided as context for the Rule 144 sale and is not the amount being sold.

What recent sales of Pitney Bowes (PBI) stock did Hestia report in the last three months?

Hestia Capital Partners reported several sales of Pitney Bowes common stock between May 27, 2026, and August 3, 2026, including a transaction of 391,703 shares for $7,139,570.58 on July 30, 2026, and multiple other sales in that period.

Which broker is handling the proposed Rule 144 sales for Pitney Bowes (PBI) shares?

The filing lists BTIG, LLC, located at 350 Bush Street, San Francisco, California, as the broker for the proposed sale of 791,957 Pitney Bowes common shares under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature