Pitney Bowes (NYSE: PBI) grants 56,180 RSUs to SendTech EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everett Todd A. reported acquisition or exercise transactions in this Form 4 filing.
Pitney Bowes Inc. reported that Everett Todd A., EVP and President of SendTech, received a grant of 56,180 restricted stock units on March 3, 2026. Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
The award vests in three equal annual installments, with scheduled vesting dates of March 3, 2027, February 22, 2028, and February 27, 2029. Following this grant, the reporting person held 56,180 restricted stock units as of the transaction date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Everett Todd A.
Role
EVP and President of SendTech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 56,180 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 56,180 shares (Direct)
Footnotes (1)
- Each unit represents a contingent right to receive one share of Pitney Bowes common stock. Vests in three (3) equal annual installments beginning on the first anniversary date of the grant, with scheduled vest dates of March 3, 2027, February 22, 2028, and February 27, 2029.
FAQ
What insider transaction did Pitney Bowes (PBI) report for Everett Todd A.?
Pitney Bowes reported that Everett Todd A., EVP and President of SendTech, received a grant of 56,180 restricted stock units on March 3, 2026. These units are a form of equity compensation tied to future company stock delivery.
How many restricted stock units did the Pitney Bowes SendTech EVP receive?
The SendTech EVP, Everett Todd A., received 56,180 restricted stock units. Each unit represents a contingent right to receive one share of Pitney Bowes common stock, providing equity-based incentives aligned with the company’s performance over time.
What does each restricted stock unit represent in the Pitney Bowes Form 4?
Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock. The units are not immediate shares but convert into common stock as they vest according to the specified schedule in the award terms.
What is the vesting schedule of the 56,180 Pitney Bowes restricted stock units?
The 56,180 restricted stock units vest in three equal annual installments. The scheduled vesting dates are March 3, 2027, February 22, 2028, and February 27, 2029, spreading the equity compensation over several years for the executive.
How many Pitney Bowes restricted stock units did the executive hold after this grant?
Following the reported grant, the executive held 56,180 restricted stock units as of the transaction date. This figure represents the total derivative securities of this type reported for the executive after the March 3, 2026 award.