Pitney Bowes officer plans sale of 10K shares
Rhea-AI Filing Summary
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.
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Key Figures
Shares proposed to be sold: 10,000 shares
Aggregate market value of proposed sale: $171,700.00
Grant date of related RSUs: May 3, 2024
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6 metrics
Shares proposed to be sold
10,000 shares
Common stock of Pitney Bowes Inc under Rule 144 notice
Aggregate market value of proposed sale
$171,700.00
Indicated value for 10,000 Pitney Bowes common shares in Rule 144 filing
Grant date of related RSUs
May 3, 2024
Restricted Stock Units underlying the 10,000 shares
Shares sold in past three months
25,000 shares
Pitney Bowes common stock sold by Todd A. Everett
Aggregate value of past three-month sales
$451,700.00
Value of 25,000 Pitney Bowes common shares sold on August 5, 2026
Issuer phone number
203-922-4000
Contact number for Pitney Bowes Inc
Key Terms
Rule 144, Restricted Stock Units, aggregate market value, Form 144
4 terms
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.
Restricted Stock Units financial
"Common | 05/03/2024 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 171700.00"
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.
Form 144 regulatory
"144: Filer Information"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose about PITNEY BOWES INC (PBI)?
The filing discloses that officer Todd A. Everett intends to sell 10,000 shares of Pitney Bowes Inc common stock under Rule 144, with an indicated aggregate market value of $171,700.00, through Morgan Stanley Smith Barney LLC Executive Financial Services.
What type of PITNEY BOWES INC (PBI) securities are involved in this Form 144?
The securities involved are common stock of Pitney Bowes Inc. The proposed 10,000-share sale is linked to restricted stock units that were granted on May 3, 2024 by the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.