[Form 3] PITNEY BOWES INC /DE/ Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Pitney Bowes (PBI) Form 3 filed for Wayne Remell Walker. The filing reports Mr. Walker as a director and states no securities are beneficially owned as of the relevant event date. The event date listed is 09/15/2025 and the form is signed by an attorney-in-fact on behalf of Mr. Walker on 09/23/2025. The document provides the reporting person’s name and address and confirms this is an initial Section 16 filing with no non-derivative or derivative holdings disclosed.
Positive
- Disclosure compliance: The Form 3 provides the required initial Section 16 information including reporter identity and event date.
- Clarity on holdings: The filing explicitly states no securities are beneficially owned, removing ambiguity about insider holdings at the time of filing.
Negative
- None.
Insights
TL;DR: Initial disclosure shows director appointment with no reported holdings, a neutral governance signal.
The Form 3 identifies Wayne Remell Walker as a director of Pitney Bowes and reports that he currently holds no beneficial ownership in the company's equity or derivatives. From a governance perspective, the filing fulfills Section 16 initial disclosure requirements and signals no immediate insider alignment via share ownership. This is a routine disclosure; absence of holdings is noteworthy only insofar as it may affect perceptions of insider alignment but is not itself a material corporate action.
TL;DR: Filing appears compliant and timely; it documents zero beneficial ownership as required.
The Form 3 contains required identifying information, the event date of 09/15/2025, and an executed signature date of 09/23/2025 by an attorney-in-fact. It lists the reporting relationship as Director and indicates no non-derivative or derivative securities beneficially owned. For SEC reporting purposes this constitutes a complete initial statement given the facts presented.