Pitney Bowes (PBI) EVP logs RSU conversion and tax-share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pitney Bowes executive Deborah Pfeiffer reported equity award activity involving restricted stock units and common shares. She exercised or converted 8,847 restricted stock units, with each unit representing a contingent right to receive one share of Pitney Bowes common stock, and acquired 8,847 shares of common stock at a stated price of $0.0000 per share. In a related tax-withholding disposition at $10.8750 per share, 3,725 common shares were delivered to cover obligations, leaving her with 138,508 common shares held directly after these transactions. The restricted stock units referenced in the filing vest in three equal installments on February 26, 2026, February 23, 2027, and February 22, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,847 shares exercised/converted
Mixed
3 txns
Insider
Pfeiffer Deborah
Role
EVP & Pres, Presort Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 8,847 | $0.00 | -- |
| Exercise | Common Stock | 8,847 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,725 | $10.875 | $41K |
Holdings After Transaction:
Restricted Stock Unit — 17,693 shares (Direct);
Common Stock — 142,233 shares (Direct)
Footnotes (1)
- Each unit represents a contingent right to receive one share of Pitney Bowes common stock. Vests in three equal installments on February 26, 2026, February 23, 2027, and February 22, 2028.
FAQ
What insider transactions did Pitney Bowes (PBI) EVP Deborah Pfeiffer report?
Deborah Pfeiffer reported exercising or converting 8,847 restricted stock units into 8,847 common shares and a related tax-withholding disposition of 3,725 common shares at $10.8750 per share, leaving 138,508 common shares held directly after the transactions.
How many Pitney Bowes (PBI) restricted stock units were involved in Deborah Pfeiffer’s Form 4?
The Form 4 shows 8,847 restricted stock units subject to an exercise or conversion. Each unit represents a contingent right to receive one share of Pitney Bowes common stock, linking the award directly to an equivalent number of common shares upon settlement.
What is Deborah Pfeiffer’s Pitney Bowes (PBI) common stock holding after these transactions?
After the reported transactions, Deborah Pfeiffer directly holds 138,508 shares of Pitney Bowes common stock. This figure reflects the acquisition of 8,847 shares from derivative exercise and the tax-withholding disposition of 3,725 shares on the same reported date.
How do Deborah Pfeiffer’s Pitney Bowes (PBI) restricted stock units vest over time?
The restricted stock units vest in three equal installments on February 26, 2026, February 23, 2027, and February 22, 2028. This schedule spreads the vesting over three years, aligning the equity incentive with multi‑year service and performance horizons.
What does each Pitney Bowes (PBI) restricted stock unit reported by Deborah Pfeiffer represent?
Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock. This means that, upon vesting and settlement, each unit can convert into a corresponding share, directly linking the award’s value to the company’s stock.