Pitney Bowes exec sells 10K shares at $16.90
Rhea-AI Filing Summary
PITNEY BOWES INC (PBI) executive Everett Todd A., EVP and President of SendTech, reported selling 10,000 shares of common stock on September 10, 2026 at a weighted average price of $16.895 per share in open-market or private transactions pursuant to a Rule 10b5-1 trading plan. Following this sale, he held 86,048 shares of Pitney Bowes common stock directly.
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Everett Todd A.
Role
EVP and President of SendTech
Sold
10,000 shs ($169K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $16.895 | $169K |
Holdings After Transaction:
Common Stock — 86,048 shares (Direct)
Footnotes (2)
- F1. The stock option exercises and broker-assisted sales transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 11, 2026 during the Company's open window period (the "Trading Plan").
- F2. The price reported here is a weighted average price. This transaction was executed in multiple transactions at prices ranging from $16.69 to $17.04, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $16.895 per share
Trade price range: $16.69–$17.04 per share
+2 more
5 metrics
Shares sold
10,000 shares
Sale of Pitney Bowes common stock on September 10, 2026
Weighted average sale price
$16.895 per share
Open-market or private sale of 10,000 shares
Trade price range
$16.69–$17.04 per share
Range of prices for multiple executions included in the sale
Shares held after transaction
86,048 shares
Direct ownership position after the September 10, 2026 sale
10b5-1 plan adoption date
June 11, 2026
Date the reporting person adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, broker-assisted sales transactions, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
broker-assisted sales transactions market
"The stock option exercises and broker-assisted sales transactions reported"
weighted average price financial
"The price reported here is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Pitney Bowes (PBI) report for Everett Todd A.?
Everett Todd A., EVP and President of SendTech, reported selling 10,000 shares of Pitney Bowes common stock on September 10, 2026 in an open-market or private transaction.
Was the PBI insider stock sale made under a Rule 10b5-1 trading plan?
Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2026 during the company’s open window period.
What role does the insider in this Pitney Bowes (PBI) Form 4 hold?
The reporting person, Everett Todd A., serves as EVP and President of SendTech at Pitney Bowes Inc., as stated in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.