Pitney Bowes (PBI) director Catherine Levene converts 10,461 RSUs to stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Director Catherine Levene of Pitney Bowes Inc. (PBI) exercised vested restricted stock units into 10,461 shares of common stock on May 1, 2026. These RSUs were originally granted on May 13, 2025 and cliff vested according to schedule. Following the conversion, she directly holds 17,522 common shares, with no shares sold in this filing.

Insider Trade Summary

10,461 shares exercised/converted

Mixed 2 txns

Insider Levene Catherine

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	10,461	$0.00	--
Exercise	Common Stock	10,461	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Stock — 17,522 shares (Direct, null)

Footnotes (1)

Each unit represents a contingent right to receive one share of Pitney Bowes common stock. Restricted Stock Units granted to non-employee directors on May 13, 2025 cliff vested according to schedule on May 1, 2026.

Key Figures

RSUs converted: 10,461 units Common shares received: 10,461 shares Shares owned after transaction: 17,522 shares +2 more

5 metrics

RSUs converted 10,461 units Restricted Stock Units converting into common stock on May 1, 2026

Common shares received 10,461 shares Shares of Pitney Bowes common stock delivered upon RSU vesting

Shares owned after transaction 17,522 shares Direct holdings of Catherine Levene following RSU conversion

RSU grant date May 13, 2025 Grant of restricted stock units to non-employee director

RSU vesting date May 1, 2026 Cliff vesting date for restricted stock units

Key Terms

Restricted Stock Unit, cliff vested, contingent right, derivative security

4 terms

Restricted Stock Unit financial

"Restricted Stock Units granted to non-employee directors on May 13, 2025 cliff vested"

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.

cliff vested financial

"Restricted Stock Units granted to non-employee directors on May 13, 2025 cliff vested"

contingent right financial

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

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

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.

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 05:04 PM

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^*

Levene Catherine

(Last)

(First)

(Middle)

27 WATERVIEW DRIVE

(Street)

SHELTON

CONNECTICUT

06484

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PITNEY BOWES INC /DE/ [ PBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/01/2026		M		10,461	A	$0.00	17,522	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	05/01/2026		M			10,461	⁽²⁾	⁽²⁾	Common Stock	10,461	$0.00	0.00	D

Explanation of Responses:

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

2. Restricted Stock Units granted to non-employee directors on May 13, 2025 cliff vested according to schedule on May 1, 2026.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Catherine Levene	05/04/2026
	** 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.
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Pitney Bowes (PBI) director Catherine Levene report?

Catherine Levene reported exercising restricted stock units into 10,461 shares of Pitney Bowes common stock. The RSUs converted on May 1, 2026, increasing her direct ownership without any reported share sales in this Form 4 filing.

How many Pitney Bowes (PBI) shares does Catherine Levene own after this Form 4?

After the RSU conversion, Catherine Levene directly owns 17,522 shares of Pitney Bowes common stock. This total reflects the addition of 10,461 newly delivered shares from vested restricted stock units, with no dispositions reported in the same filing.

What are the terms of the restricted stock units in this Pitney Bowes (PBI) filing?

Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock. The RSUs in this filing were granted to a non-employee director and cliff vested on May 1, 2026, triggering delivery of 10,461 shares.

When were Catherine Levene’s Pitney Bowes (PBI) RSUs granted and when did they vest?

The restricted stock units were granted on May 13, 2025 to Catherine Levene as a non-employee director. They cliff vested according to schedule on May 1, 2026, at which time 10,461 units converted into an equal number of common shares.

Did the Pitney Bowes (PBI) Form 4 show any stock sales by Catherine Levene?

No sales were reported in this Form 4. The filing reflects only the exercise and conversion of 10,461 restricted stock units into common shares, increasing Catherine Levene’s direct holdings to 17,522 shares without any concurrent dispositions.