PBI Insider Grant: 12,931 Restricted Stock Units to EVP Everett

Rhea-AI Filing Summary

Pitney Bowes insider Todd A. Everett acquired 12,931 restricted stock units on 09/26/2025. Each unit converts to one share of common stock. The RSUs vest in three equal annual installments beginning on 09/26/2026, so the first tranche vests one year after the grant. After the reported transaction Mr. Everett beneficially owns 12,931 shares (direct). The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/29/2025.

Insights

Financial Analyst

TL;DR: Insider grant of 12,931 RSUs is a routine compensation event with limited immediate market impact.

The filing documents a time-based restricted stock unit grant to an executive, not an open-market purchase or sale. The award vests over three annual installments starting 09/26/2026 and converts one-for-one into common shares, aligning the executive’s compensation with long-term equity ownership. There are no cash proceeds, no option exercise, and no indication of accelerated vesting or performance conditions disclosed. Impact on outstanding share count and near-term dilution is minimal given the reported size.

Corporate Governance Expert

TL;DR: This is a standard equity-based retention grant consistent with executive compensation practices.

The form identifies the recipient as an EVP and business unit president and shows typical multi-year vesting to promote retention. The disclosure is complete for a Form 4: grant date, amount, vesting schedule, and conversion ratio are provided. No related-party transactions, departures, or unusual provisions are disclosed. From a governance perspective, the award appears routine and properly reported.

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	12,931	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 12,931 shares (Direct)

Footnotes (1)

1. Each unit represents a contingent right to receive one share of Pitney Bowes common stock. Vests evenly in three (3) annual installments beginning on the anniversary date of the grant, with the first vesting on September 26, 2026.

Form 4 Insider Transactions: What Each Field Means →

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).

1. Name and Address of Reporting Person^*

Everett Todd A.

(Last) (First) (Middle)

3001 SUMMER STREET

(Street)

STAMFORD CT 06926

(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)
	EVP and President of SendTech

3. Date of Earliest Transaction (Month/Day/Year)
09/26/2025

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

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)	09/26/2025		A		12,931		(2)	(2)	Common Stock	12,931	$0.00	12,931	D

Explanation of Responses:

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

2. Vests evenly in three (3) annual installments beginning on the anniversary date of the grant, with the first vesting on September 26, 2026.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Todd A. Everett	09/29/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PITNEY BOWES (PBI) insider Todd A. Everett acquire on 09/26/2025?

He was granted 12,931 restricted stock units (RSUs), each representing a contingent right to one share of common stock.

When do the RSUs granted to Todd A. Everett vest?

The RSUs vest in three equal annual installments beginning on 09/26/2026.

How many shares does Todd A. Everett beneficially own after the reported transaction?

The Form 4 reports 12,931 shares beneficially owned following the transaction, held directly.

Was cash paid for the RSUs reported on the Form 4?

No cash price is reported; the RSUs show a $0.00 price on the filing, indicating a grant rather than a purchase.

Who filed and signed the Form 4 for Todd A. Everett?

The Form 4 was signed by Elisabeth Weinberg, as attorney-in-fact, on 09/29/2025.