Pitney Bowes (PBI) CAO awarded 11,470 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pitney Bowes Inc. reported an equity award for executive Lauren Thomas Defina, who serves as Vice President and Chief Accounting Officer. She received a grant of 11,470 Restricted Stock Units, recorded as a grant, award, or other acquisition at a price of $0.00 per unit.
Each unit represents a contingent right to receive one share of Pitney Bowes common stock. The award is scheduled to vest in three equal annual installments on March 3, 2027, February 22, 2028, and February 27, 2029, subject to the terms of the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEFINA LAUREN THOMAS
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 11,470 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 11,470 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 Thomas Defina?
Pitney Bowes reported that VP and Chief Accounting Officer Lauren Thomas Defina received a grant of 11,470 Restricted Stock Units. The transaction is classified as a grant, award, or other acquisition at a price of $0.00 per unit.
How many Restricted Stock Units were granted in the latest Pitney Bowes (PBI) Form 4?
The Form 4 shows a grant of 11,470 Restricted Stock Units. After this transaction, the total number of Restricted Stock Units reported as beneficially owned by the executive is also 11,470 units, reflecting this new award in full.
Who received the RSU grant disclosed by Pitney Bowes (PBI) and what is their role?
The RSU grant was received by Lauren Thomas Defina, who is identified as Vice President and Chief Accounting Officer of Pitney Bowes. The filing classifies her as an officer but not as a director or ten percent owner.
What does each Restricted Stock Unit represent in the Pitney Bowes (PBI) Form 4?
Each Restricted Stock Unit in this grant represents a contingent right to receive one share of Pitney Bowes common stock. Actual share delivery depends on the units vesting according to the specified schedule and the terms of the award.
What is the vesting schedule for the 11,470 Pitney Bowes (PBI) Restricted Stock Units?
The 11,470 Restricted Stock Units vest in three equal annual installments. Scheduled vesting dates are March 3, 2027, February 22, 2028, and February 27, 2029, subject to the conditions of the grant agreement.
Is the Pitney Bowes (PBI) RSU grant to Lauren Thomas Defina a purchase or an award?
The transaction is reported as a grant, award, or other acquisition under code “A,” not an open-market purchase. It is recorded at a transaction price of $0.00 per unit, reflecting its nature as equity-based compensation.