Pitney Bowes CAO exercises RSUs, holds 1,760 shares

DEFINA LAUREN THOMAS reported disposition transactions in this Form 4 filing.

Rhea-AI Filing Summary

DEFINA LAUREN THOMAS reported disposition transactions in this Form 4 filing.

Pitney Bowes VP and Chief Accounting Officer Lauren Thomas Defina exercised 1,659 restricted stock units into common stock on February 26, 2026. In connection with this, 520 common shares were delivered at $10.875 per share to satisfy tax obligations. After these transactions, she holds 1,760 shares of Pitney Bowes common stock directly and 3,317 restricted stock units, which vest in equal annual installments on February 26, 2026, February 23, 2027, and February 22, 2028.

Insider Trade Summary

1,659 shares exercised/converted

Exercise 3 txns

Insider DEFINA LAUREN THOMAS

Role VP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,659	$0.00	$0.00
Exercise	Common Stock	1,659	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	520	$10.875	$6K

Holdings After Transaction: Restricted Stock Unit — 3,317 contracts (Direct); Common Stock — 1,760 shares (Direct)

Footnotes (2)

1. F1. Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
2. F2. Vests over a three-year period in equal annual installments on February 26, 2026, February 23, 2027, and February 22, 2028.

Key Figures

RSUs exercised: 1,659 units Tax withholding shares: 520 shares Tax withholding price: $10.875 per share +2 more

5 metrics

RSUs exercised 1,659 units Restricted Stock Units converted to common stock on February 26, 2026

Tax withholding shares 520 shares Common shares delivered to satisfy tax liability at $10.875 per share

Tax withholding price $10.875 per share Price applied to the 520-share tax-withholding disposition

Common stock holdings 1,760 shares Direct Pitney Bowes common stock held after the reported transactions

RSU holdings 3,317 units Restricted Stock Units remaining and subject to future vesting

Key Terms

Restricted Stock Unit, tax-withholding disposition, derivative security

3 terms

Restricted Stock Unit financial

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

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition" in the non-derivative common stock row."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security" for the RSU entry."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Pitney Bowes (PBI) report for Lauren Thomas Defina?

Lauren Thomas Defina exercised 1,659 restricted stock units into Pitney Bowes common stock on February 26, 2026. In the same filing, 520 shares were delivered at $10.875 per share to cover tax obligations related to this equity transaction.

How many Pitney Bowes (PBI) shares does the CAO hold after the Form 4 transactions?

Following the reported transactions, Lauren Thomas Defina holds 1,760 shares of Pitney Bowes common stock directly. She also has 3,317 restricted stock units outstanding, providing additional potential equity as they vest over a three-year schedule through February 22, 2028.

What was the tax-withholding component in the Pitney Bowes (PBI) Form 4?

The filing reports a tax-withholding disposition of 520 shares of Pitney Bowes common stock. These shares were delivered at $10.875 per share to satisfy tax liabilities arising from the equity award exercise or conversion on February 26, 2026.

What are the terms of the restricted stock units reported by Pitney Bowes (PBI)?

Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock. The units vest in three equal annual installments on February 26, 2026, February 23, 2027, and February 22, 2028, as described in the footnotes.

Did the Pitney Bowes (PBI) CAO acquire or dispose of more shares overall in this Form 4?

The Form 4 shows both an exercise of 1,659 restricted stock units and a 520-share tax-withholding disposition. Overall, the filing reflects a mix of acquisition via RSU conversion and disposition for taxes, with 1,760 common shares held afterward.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/27/2026 - 01:32 PM EST Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

DEFINA LAUREN THOMAS

(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)
	VP, Chief Accounting Officer

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		1,659	A	$0.00	2,280	D
Common Stock	02/26/2026		F		520	D	$10.875	1,760	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			1,659	(2)	(2)	Common Stock	1,659	$0.00	3,317	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 annual installments on February 26, 2026, February 23, 2027, and February 22, 2028.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Lauren Thomas DeFina	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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