Pitney Bowes (PBI) director converts 8,755 RSUs into 8,755 common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Pitney Bowes director Brent D. Rosenthal exercised restricted stock units to acquire additional common shares. On June 18, 2026, 8,755 restricted stock units converted into 8,755 shares of Pitney Bowes common stock at a stated price of $0.00 per share, reflecting vesting of a prior equity grant to a non-employee director. Following the transaction, Rosenthal directly held 17,755 shares of common stock and 24,691 restricted stock units, with each unit representing a contingent right to receive one share of common stock.

Insider Trade Summary

8,755 shares exercised/converted

Mixed 2 txns

Insider Rosenthal Brent D

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	8,755	$0.00	--
Exercise	Common Stock	8,755	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 24,691 shares (Direct, null); Common Stock — 17,755 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 June 18, 2025 cliff vested according to schedule on June 18, 2026.

Key Figures

RSUs exercised: 8,755 units Shares acquired: 8,755 shares Shares held after: 17,755 shares +4 more

7 metrics

RSUs exercised 8,755 units Restricted stock units converting to common stock on June 18, 2026

Shares acquired 8,755 shares Common stock received from RSU conversion at $0.00 per share

Shares held after 17,755 shares Direct Pitney Bowes common stock ownership following the transaction

RSUs remaining 24,691 units Restricted stock units held after the reported conversion

Exercise price $0.00 per share Stated price for conversion of restricted stock units to common stock

Vesting date June 18, 2026 Cliff vesting date for non-employee director RSU grant

Grant date June 18, 2025 Original grant date of the non-employee director restricted stock units

Key Terms

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

4 terms

Restricted Stock Unit financial

"Restricted Stock Units granted to non-employee directors on June 18, 2025 cliff vested according to schedule"

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.

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.

cliff vested financial

"Restricted Stock Units granted to non-employee directors on June 18, 2025 cliff vested according to schedule"

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 →

06/22/2026 - 03:10 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^*

Rosenthal Brent D

(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)
06/18/2026

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	06/18/2026		M		8,755	A	$0.00	17,755	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⁾	06/18/2026		M			8,755	⁽²⁾	⁽²⁾	Common Stock	8,755	$0.00	24,691	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 June 18, 2025 cliff vested according to schedule on June 18, 2026.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Brent D Rosenthal	06/18/2026
	** 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 Brent Rosenthal report?

Director Brent Rosenthal reported the vesting and exercise of 8,755 restricted stock units into 8,755 Pitney Bowes common shares. This was a compensation-related equity conversion, not an open-market stock purchase or sale, and reflects previously granted director awards becoming fully vested.

Did Brent Rosenthal buy or sell Pitney Bowes (PBI) shares on the open market?

The filing shows no open-market buying or selling by Brent Rosenthal. Instead, 8,755 restricted stock units automatically converted into 8,755 common shares at a stated price of $0.00 per share when the director equity grant vested according to its schedule.

How many Pitney Bowes (PBI) common shares does Brent Rosenthal hold after this Form 4?

After the reported transaction, Brent Rosenthal directly holds 17,755 Pitney Bowes common shares. These shares result from equity compensation awards and prior holdings, and the filing does not indicate any concurrent sales that would reduce this post-transaction ownership amount.

What happens to Pitney Bowes (PBI) restricted stock units when they vest for directors?

Each restricted stock unit represents a contingent right to receive one Pitney Bowes common share. When units vest, as on June 18, 2026 for this grant, they convert into an equal number of common shares, typically at a stated price of $0.00 per share for the holder.

What director equity grant is referenced in Brent Rosenthal’s Pitney Bowes (PBI) Form 4?

The Form 4 references restricted stock units granted to non-employee directors on June 18, 2025. According to the footnotes, these units cliff vested on June 18, 2026, triggering their conversion into Pitney Bowes common shares for the reporting director.

How many restricted stock units does Brent Rosenthal still hold in Pitney Bowes (PBI)?

Following the conversion of 8,755 units, Brent Rosenthal continues to hold 24,691 restricted stock units. Each unit provides a contingent right to receive one Pitney Bowes common share in the future, subject to the terms and vesting conditions of the underlying equity awards.