Pitney Bowes (PBI) director receives new one-year cliff RSU awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Brimm Peter C reported acquisition or exercise transactions in this Form 4 filing.

Pitney Bowes director Peter C. Brimm reported stock-based compensation rather than open-market trades. On May 12, 2026 he received two grants of Restricted Stock Units covering 18,159 and 6,532 units, each representing a contingent right to one share of Pitney Bowes common stock. The new RSUs will cliff vest after one year, meaning the entire awards vest at once if service conditions are met. Following these grants, Brimm directly holds 31,613 and 13,454 Restricted Stock Units in the respective award lines.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Brimm Peter C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	6,532	$0.00	--
Grant/Award	Restricted Stock Unit	18,159	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 13,454 shares (Direct, null)

Footnotes (1)

Each unit represents a contingent right to receive one share of Pitney Bowes common stock. The Restricted Stock Units granted May 12, 2026 will cliff vest after one year.

Key Figures

RSU grant 1: 18,159 units RSU grant 2: 6,532 units Holdings after grant 1: 31,613 units +1 more

4 metrics

RSU grant 1 18,159 units Restricted Stock Units granted May 12, 2026

RSU grant 2 6,532 units Restricted Stock Units granted May 12, 2026

Holdings after grant 1 31,613 units RSUs held directly after first award

Holdings after grant 2 13,454 units RSUs held directly after second award

Key Terms

Restricted Stock Unit, cliff vest, contingent right

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.

cliff vest financial

"The Restricted Stock Units granted May 12, 2026 will cliff vest after one year."

A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.

contingent right financial

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

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Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 03:03 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^*

Brimm Peter C

(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)
05/12/2026

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)

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⁾	05/12/2026		A		6,532		⁽²⁾	⁽²⁾	Common Stock	6,532	$0.00	13,454	D
Restricted Stock Unit	⁽¹⁾	05/12/2026		A		18,159		⁽²⁾	⁽²⁾	Common Stock	18,159	$0.00	31,613	D

Explanation of Responses:

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

2. The Restricted Stock Units granted May 12, 2026 will cliff vest after one year.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Peter C Brimm	05/14/2026
	** 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 did Pitney Bowes (PBI) disclose in Peter C. Brimm’s latest Form 4?

Pitney Bowes disclosed that director Peter C. Brimm received two grants of Restricted Stock Units on May 12, 2026. These awards are compensation, not market purchases or sales, and each unit represents a contingent right to one share of Pitney Bowes common stock.

How many Restricted Stock Units did Peter C. Brimm receive from Pitney Bowes (PBI)?

Peter C. Brimm received two separate awards: one for 18,159 Restricted Stock Units and another for 6,532 Restricted Stock Units. Each unit is tied to one share of Pitney Bowes common stock, providing stock-based compensation aligned with shareholder interests.

Do Peter C. Brimm’s Pitney Bowes (PBI) Restricted Stock Units involve any cash transaction?

The Form 4 shows both Restricted Stock Unit grants priced at $0.00 per unit, indicating they are stock-based compensation rather than cash purchases. Brimm did not buy or sell shares in the market; he was awarded equity that may convert into common stock later.

When will Peter C. Brimm’s Pitney Bowes (PBI) RSU awards vest?

The filing states that the Restricted Stock Units granted on May 12, 2026 will cliff vest after one year. Cliff vesting means the entire award becomes vested at a single future date, assuming the applicable service or vesting conditions are satisfied.

What does each Pitney Bowes (PBI) Restricted Stock Unit granted to Peter C. Brimm represent?

Each Pitney Bowes Restricted Stock Unit represents a contingent right to receive one share of Pitney Bowes common stock. This means Brimm will receive common shares in the future upon vesting, subject to the award’s terms, instead of receiving cash up front.

How many Restricted Stock Units does Peter C. Brimm hold after these Pitney Bowes (PBI) grants?

After the May 12, 2026 grants, one RSU award line shows 31,613 units and the other shows 13,454 units owned directly. These amounts reflect his holdings in the respective award accounts following the reported stock-based compensation transactions.