Pitney Bowes (NYSE: PBI) EVP reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVP & Pres, Presort Services Deborah Pfeiffer reported routine equity award activity in Pitney Bowes common stock. On February 24, 2026, restricted stock units converted into 3,805 and 20,050 shares of common stock, while 1,602 and 6,046 shares were withheld to cover tax liabilities at $10.56 per share. After these transactions, she directly owned 133,386 Pitney Bowes common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,855 shares exercised/converted
Mixed
6 txns
Insider
Pfeiffer Deborah
Role
EVP & Pres, Presort Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,805 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 20,050 | $0.00 | -- |
| Exercise | Common Stock | 3,805 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,602 | $10.56 | $17K |
| Exercise | Common Stock | 20,050 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,046 | $10.56 | $64K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 120,984 shares (Direct)
Footnotes (1)
- Each unit represents a contingent right to receive one share of Pitney Bowes common stock. Restricted Stock Unit vests in equal annual installments over a three-year period on the fourth Tuesday in February.
FAQ
What insider transactions did Pitney Bowes EVP Deborah Pfeiffer report for PBI?
Deborah Pfeiffer reported equity award activity where restricted stock units converted into Pitney Bowes common shares and some shares were withheld for taxes. These transactions reflect compensation vesting rather than open-market buying or selling of PBI stock.
What do the restricted stock unit footnotes mean for Pitney Bowes PBI awards?
The footnotes explain that each restricted stock unit represents a right to receive one Pitney Bowes common share. They also state vesting occurs in equal annual installments over three years on the fourth Tuesday in February for the applicable award.
Is Deborah Pfeiffer’s Form 4 for Pitney Bowes a routine compensation event?
The transactions involve restricted stock units converting into Pitney Bowes common shares and shares withheld for taxes, which is typical for executive equity awards. This pattern is generally viewed as routine compensation administration rather than a directional market trade.