Pitney Bowes (PBI) EVP converts RSUs to stock and uses shares for tax

Rhea-AI Filing Summary

Pitney Bowes executive Lauren Freemen-Bosworth, EVP, General Counsel & Corporate Secretary, reported equity award activity involving restricted stock units and common shares. On February 26, 2026, 6,319 restricted stock units were exercised or converted, resulting in the acquisition of 6,319 shares of Pitney Bowes common stock at a stated price of $0.00 per share.

In a related tax-withholding disposition, 2,929 shares of common stock were delivered at $10.875 per share to satisfy tax obligations associated with the award. Following these transactions, Freemen-Bosworth directly owned 31,493 shares of common stock and 12,638 restricted stock units, each unit representing a contingent right to receive one share of Pitney Bowes common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Freemen-Bosworth Lauren

(Last) (First) (Middle)

27 WATERVIEW DRIVE

(Street)

SHELTON CT 06484

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PITNEY BOWES INC /DE/ [ PBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP/Gen Counsel & Corp Sec

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/26/2026		M		6,319	A	$0.00	34,422	D
Common Stock	02/26/2026		F		2,929	D	$10.875	31,493	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	02/26/2026		M			6,319	(2)	(2)	Common Stock	6,319	$0.00	12,638	D

Explanation of Responses:

1. Each unit represents a contingent right to receive one share of Pitney Bowes common stock.

2. Vests over a three-year period in equal installments on February 26, 2026, February 23, 2027, and February 22, 2028.

Remarks:

	Elisabeth Weinberg, as attorney in fact for Lauren Freeman-Bosworth	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Pitney Bowes (PBI) report for Lauren Freemen-Bosworth?

Lauren Freemen-Bosworth exercised 6,319 restricted stock units into common stock and delivered 2,929 common shares at $10.875 per share to cover related tax obligations. These transactions reflect equity award activity rather than an open-market stock purchase or sale.

How many Pitney Bowes (PBI) shares does Lauren Freemen-Bosworth own after this Form 4?

After the reported transactions, Lauren Freemen-Bosworth directly owned 31,493 shares of Pitney Bowes common stock. She also held 12,638 restricted stock units, each representing a contingent right to receive one share of Pitney Bowes common stock in the future, subject to vesting.

Was the Pitney Bowes (PBI) Form 4 a stock sale by Lauren Freemen-Bosworth?

The filing shows a tax-withholding disposition of 2,929 Pitney Bowes shares at $10.875 per share, used to satisfy tax liabilities. It does not describe an open-market sale; it is categorized as payment of tax liability by delivering securities under code F.

What does the restricted stock unit exercise mean for Pitney Bowes (PBI) executive ownership?

Exercising 6,319 restricted stock units converted these awards into an equal number of Pitney Bowes common shares at a stated price of $0.00 per share. This increased Lauren Freemen-Bosworth’s direct common stock holdings while reducing her outstanding restricted stock unit balance accordingly.

How are Pitney Bowes (PBI) restricted stock units structured for this executive?

Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock. According to the disclosure, the units vest in equal installments over a three-year period on specific February dates, subject to the plan’s terms and continued eligibility.