Pitney Bowes executive converts 36,469 RSUs

Pitney Bowes executive Todd A. Everett, EVP and President of SendTech, reported the exercise or conversion of restricted stock units into a total of 36,469 shares of common stock on September 19, 2025.

Rhea-AI Filing Summary

Pitney Bowes executive Todd A. Everett, EVP and President of SendTech, reported the exercise or conversion of restricted stock units into a total of 36,469 shares of common stock on September 19, 2025. The RSUs, granted on November 21, 2024 and May 13, 2025, had one-year cliff vesting, which was accelerated on September 19, 2025 in connection with actions described in a Form 8-K filed on September 12, 2025.

Insider Trade Summary

36,469 shares exercised/converted

Exercise 4 txns

Insider Everett Todd A.

Role EVP and President of SendTech

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	26,008	$0.00	$0.00
Exercise	Restricted Stock Unit	10,461	$0.00	$0.00
Exercise	Common Stock	26,008	$0.00	$0.00
Exercise	Common Stock	10,461	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 0 contracts (Direct); Common Stock — 121,048 shares (Direct)

Footnotes (3)

1. F1. Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
2. F2. The Restricted Stock Units were granted on November 21, 2024 and were scheduled to cliff vest after one year. The vesting was accelerated on September 19, 2025 in connection with the actions detailed in the Form 8-K filed by the Issuer on September 12, 2025.
3. F3. The Restricted Stock Units were granted on May 13, 2025 and were scheduled to cliff vest after one year. The vesting was accelerated on September 19, 2025 in connection with the actions detailed in the Form 8-K filed by the Issuer on September 12, 2025.

Key Figures

Total shares from RSU exercises: 36,469 shares RSU grant from November 21, 2024: 26,008 units RSU grant from May 13, 2025: 10,461 units +2 more

5 metrics

Total shares from RSU exercises 36,469 shares Common stock underlying RSUs exercised or converted on September 19, 2025

RSU grant from November 21, 2024 26,008 units Restricted stock units scheduled to cliff vest after one year, later accelerated

RSU grant from May 13, 2025 10,461 units Restricted stock units scheduled to cliff vest after one year, later accelerated

Exercise or conversion price $0.00 per share Price reported for conversion of RSUs into Pitney Bowes common stock

Transaction date September 19, 2025 Date RSUs were exercised or converted and vesting accelerated

Key Terms

Restricted Stock Unit, cliff vest, accelerated, contingent right

4 terms

Restricted Stock Unit financial

"The Restricted Stock Units were granted on November 21, 2024"

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

"were scheduled to 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.

accelerated financial

"The vesting was accelerated on September 19, 2025"

contingent right financial

"Each unit represents a contingent right to receive one share"

FAQ

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

What insider transaction did PBI executive Todd A. Everett report on this Form 4?

Todd A. Everett reported the exercise or conversion of restricted stock units into 36,469 shares of Pitney Bowes common stock on September 19, 2025, reflecting accelerated vesting of prior equity awards.

How many Pitney Bowes (PBI) shares were involved in Todd A. Everett’s RSU transactions?

The transactions covered a total of 36,469 shares of Pitney Bowes common stock, consisting of 26,008 shares from one RSU grant and 10,461 shares from another, all tied to accelerated vesting on September 19, 2025.

What were the grant dates of the RSUs exercised by PBI executive Todd A. Everett?

The restricted stock units were granted on November 21, 2024 and May 13, 2025. Both awards were originally scheduled to cliff vest after one year before their vesting was accelerated on September 19, 2025.

Why were Todd A. Everett’s Pitney Bowes (PBI) RSUs vested earlier than scheduled?

The RSUs vested early because their vesting was accelerated on September 19, 2025 in connection with corporate actions described in a Form 8-K filed on September 12, 2025 by Pitney Bowes.

At what price were the Pitney Bowes (PBI) RSUs converted into common stock for Todd A. Everett?

The RSU exercises were reported at a conversion or exercise price of $0.00 per share, indicating the common shares were issued without additional cash consideration at the time of conversion.

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

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Accepted by SEC EDGAR 09/23/2025 - 04:46 PM 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^*

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)
09/19/2025

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	09/19/2025		M		26,008	A	$0.00	110,587	D
Common Stock	09/19/2025		M		10,461	A	$0.00	121,048	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)	09/19/2025		M			26,008	(2)	(2)	Common Stock	26,008	$0.00	10,461	D
Restricted Stock Unit	(1)	09/19/2025		M			10,461	(3)	(3)	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. The Restricted Stock Units were granted on November 21, 2024 and were scheduled to cliff vest after one year. The vesting was accelerated on September 19, 2025 in connection with the actions detailed in the Form 8-K filed by the Issuer on September 12, 2025.

3. The Restricted Stock Units were granted on May 13, 2025 and were scheduled to cliff vest after one year. The vesting was accelerated on September 19, 2025 in connection with the actions detailed in the Form 8-K filed by the Issuer on September 12, 2025.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Todd A. Everett	09/23/2025
	** 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.