Pitney Bowes (PBI) EVP Lauren Freemen-Bosworth granted 19,663 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freemen-Bosworth Lauren reported acquisition or exercise transactions in this Form 4 filing.
Pitney Bowes Inc. granted executive officer Lauren Freemen-Bosworth, EVP/General Counsel & Corporate Secretary, 19,663 restricted stock units of Pitney Bowes common stock. Each unit represents a contingent right to receive one share of common stock.
The award vests in three equal annual installments beginning on the first anniversary of the grant. The scheduled vesting dates are March 3, 2027, February 22, 2028, and February 27, 2029. The reporting person holds these derivative securities as a direct ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Freemen-Bosworth Lauren
Role
EVP/Gen Counsel & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 19,663 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 19,663 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 Lauren Freemen-Bosworth?
Pitney Bowes reported that Lauren Freemen-Bosworth received a grant of 19,663 restricted stock units. Each unit is a contingent right to one share of Pitney Bowes common stock, awarded as part of her role as EVP/General Counsel & Corporate Secretary.
How many restricted stock units were granted to the Pitney Bowes (PBI) executive?
Lauren Freemen-Bosworth was granted 19,663 restricted stock units of Pitney Bowes common stock. After this award, she holds 19,663 derivative securities directly, reflecting the full amount of the new grant reported in this insider transaction filing.
What is the vesting schedule for Lauren Freemen-Bosworth’s Pitney Bowes (PBI) RSUs?
The 19,663 restricted stock units vest in three equal annual installments. Vesting is scheduled for March 3, 2027, February 22, 2028, and February 27, 2029, starting on the first anniversary of the grant date reported in the filing.
What does each restricted stock unit represent in the Pitney Bowes (PBI) Form 4?
Each restricted stock unit granted to Lauren Freemen-Bosworth represents a contingent right to receive one share of Pitney Bowes common stock. The units convert into shares as they vest according to the three scheduled annual vesting dates stated in the filing.
Is Lauren Freemen-Bosworth’s Pitney Bowes (PBI) RSU ownership direct or indirect?
The filing shows Lauren Freemen-Bosworth’s ownership of the 19,663 restricted stock units as direct. The ownership code is listed as “D,” indicating these derivative securities are held directly rather than through an intermediary entity or indirect ownership arrangement.