Pitney Bowes (PBI) CFO Paul J. Evans reports RSU exercise-linked stock moves
Rhea-AI Filing Summary
Pitney Bowes executive Paul J. Evans reported equity transactions involving company stock. He reported activity in 7,355 Restricted Stock Units, corresponding to 7,355 shares of Common Stock, and after this event he directly held 14,710 Restricted Stock Units. On the same date, he reported an associated acquisition of 7,355 shares of Pitney Bowes Common Stock and a disposition of 2,306 shares of Common Stock that were delivered or withheld for payment of exercise price or tax liability at a price of $16.805 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,049 shares
Net Buy
3 txns
Insider
EVANS PAUL J.
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 7,355 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,355 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,306 | $16.805 | $39K |
Holdings After Transaction:
Restricted Stock Unit — 14,710 shares (Direct);
Common Stock — 51,425 shares (Direct)
Footnotes (2)
- F1. Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
- F2. Vests in three (3) equal installments on August 13, 2026, August 13, 2027, and August 13, 2028.
Key Figures
RSUs involved: 7,355 units
RSUs held after event: 14,710 units
Common shares acquired: 7,355 shares
+2 more
5 metrics
RSUs involved
7,355 units
Restricted Stock Units tied to reported derivative transaction
RSUs held after event
14,710 units
Directly held Restricted Stock Units following the transaction
Common shares acquired
7,355 shares
Common Stock reported as acquired via derivative exercise/conversion
Shares withheld
2,306 shares
Common Stock delivered or withheld for exercise price or tax liability
Withholding price
$16.805 per share
Price for shares delivered or withheld for exercise price or tax liability
Key Terms
Restricted Stock Unit, derivative security, contingent right, tax liability
4 terms
Restricted Stock Unit financial
"Each unit represents a contingent right to receive one share of Pitney Bowes common stock."
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
"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.
contingent right financial
"Each unit represents a contingent right to receive one share of Pitney Bowes common stock."
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What did Pitney Bowes (PBI) CFO Paul J. Evans report in this Form 4?
Paul J. Evans reported equity transactions tied to 7,355 Restricted Stock Units and 7,355 shares of Pitney Bowes Common Stock, plus a disposition of 2,306 shares withheld for payment of exercise price or tax liability.
How many Pitney Bowes (PBI) Restricted Stock Units does Paul J. Evans hold after this filing?
After the reported transactions, Paul J. Evans directly holds 14,710 Restricted Stock Units. Each unit represents a contingent right to receive one share of Pitney Bowes common stock, subject to the vesting schedule described.
What Common Stock transactions did Paul J. Evans report for Pitney Bowes (PBI)?
He reported an acquisition of 7,355 shares of Pitney Bowes Common Stock related to a derivative exercise or conversion and a disposition of 2,306 shares that were delivered or withheld to pay the exercise price or tax liability.
What does each Restricted Stock Unit in the Pitney Bowes (PBI) grant to Paul J. Evans represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Pitney Bowes common stock. The units are subject to vesting conditions specified in the award’s footnotes and vesting schedule.
What is the vesting schedule mentioned for Paul J. Evans’s Pitney Bowes (PBI) equity award?
The filing states the equity award vests in three equal installments on August 13, 2026, August 13, 2027, and August 13, 2028, subject to the award’s terms and conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
