[Form 4] PITNEY BOWES INC /DE/ Insider Trading Activity

Rhea-AI Filing Summary

Pitney Bowes Inc. director reports restricted stock unit conversion

A Pitney Bowes Inc. director reported the conversion of 6,805 restricted stock units into an equal number of shares of common stock on 11/21/2025. The units converted at a stated price of $0.00, reflecting that these were equity awards rather than open-market purchases. Following this transaction, the reporting person directly holds 7,005 shares of Pitney Bowes common stock and continues to hold 10,461 restricted stock units that remain outstanding.

The filing notes that each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock and that the units involved in this transaction were originally granted on 11/21/2024 with a one-year cliff vesting schedule.

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)

3001 SUMMER ST.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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
Common Stock	11/21/2025		M		6,805	A	$0.00	7,005	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)	11/21/2025		M			6,805	(2)	(2)	Common Stock	6,805	$0.00	10,461	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 the Reporting Person on November 21, 2024 have a one year cliff vesting.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Catherine Levene	11/24/2025
	** 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 insider transaction did PBI report in this Form 4?

The Form 4 reports that a Pitney Bowes director converted 6,805 restricted stock units into the same number of Pitney Bowes common shares on 11/21/2025.

How many Pitney Bowes (PBI) shares does the reporting person own after the transaction?

After the transaction, the reporting person directly owns 7,005 shares of Pitney Bowes common stock.

How many restricted stock units remain outstanding for the PBI director?

The reporting person continues to beneficially own 10,461 restricted stock units following the reported transaction.

What was the price for the restricted stock unit conversion reported by PBI?

The restricted stock units were converted into common stock at a stated price of $0.00, consistent with equity award vesting rather than a market purchase.

When were the Pitney Bowes restricted stock units originally granted?

The restricted stock units were granted on 11/21/2024 and were subject to a one-year cliff vesting schedule.

What does each Pitney Bowes restricted stock unit represent?

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