Pitney Bowes (NYSE: PBI) EVP sells 18,750 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pitney Bowes executive Deborah Pfeiffer, EVP & President of Presort Services, reported an open-market sale of 18,750 shares of Common Stock at a weighted average price of $16.059 per share. After this transaction, she directly holds 97,828 shares of Pitney Bowes stock.
The sale was executed on May 29, 2026 and was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 20, 2026 during the company’s open window period. The filing notes that the sale involved multiple trades at prices ranging from $16.00 to $16.12 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 18,750 shares ($301,106)
Net Sell
1 txn
Insider
Pfeiffer Deborah
Role
EVP & Pres, Presort Services
Sold
18,750 shs ($301K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,750 | $16.059 | $301K |
Holdings After Transaction:
Common Stock — 97,828 shares (Direct, null)
Footnotes (1)
- 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 February 20, 2026 during the Company's open window period (the "Trading Plan"). The price reported here is a weighted average price. This transaction was executed in multiple transactions at prices ranging from $16.00 to $16.12, 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: 18,750 shares
Weighted average sale price: $16.059 per share
Post-transaction holdings: 97,828 shares
+2 more
5 metrics
Shares sold
18,750 shares
Open-market sale on May 29, 2026
Weighted average sale price
$16.059 per share
Common Stock open-market sale
Post-transaction holdings
97,828 shares
Direct ownership after sale
Trade price range
$16.00–$16.12 per share
Individual executions within reported sale
Trading plan adoption date
February 20, 2026
Rule 10b5-1 trading plan for transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, open window period, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The stock option exercises and broker-assisted sales transactions reported were effected pursuant to a Rule 10b5-1 trading plan"
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.
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.
open window period regulatory
"adopted by the Reporting Person on February 20, 2026 during the Company's open window period"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Pitney Bowes (PBI) report for Deborah Pfeiffer?
Pitney Bowes reported that EVP & President of Presort Services, Deborah Pfeiffer, sold 18,750 shares of common stock in an open-market transaction. The sale was disclosed in a Form 4 insider trading report filed with the SEC.
Was the Pitney Bowes (PBI) insider sale under a Rule 10b5-1 plan?
Yes. The Form 4 states the stock transactions were effected under a Rule 10b5-1 trading plan that Deborah Pfeiffer adopted on February 20, 2026 during the company’s open window period, indicating a pre-arranged selling program.
What type of transaction did the Pitney Bowes (PBI) Form 4 classify for Deborah Pfeiffer?
The transaction was classified as an open-market sale of common stock, coded “S” in the Form 4. It is a non-derivative transaction, meaning it involved shares directly rather than options or other derivative securities.