STOCK TITAN

Pitney Bowes Director Converts Units Into 5,601 Shares

The director held 5,601 common shares directly after the conversion, while the reported restricted stock unit position was zero.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PITNEY BOWES INC director Wayne Remell converted 5,601 restricted stock units into 5,601 shares of common stock on September 22, 2026. Each unit represented a contingent right to receive one common share; the units were granted to non-employee directors on September 22, 2025, and cliff vested according to schedule on September 22, 2026. After the transaction, he directly held 5,601 common shares, and his reported restricted stock unit position was zero.

Positive

  • None.

Negative

  • None.
Insider WALKER WAYNE REMELL
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Unit F1, F2 5,601 $0.00 $0.00
Exercise Common Stock 5,601 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 0 contracts (Direct); Common Stock — 5,601 shares (Direct)
Footnotes (2)
  1. F1. Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
  2. F2. Restricted Stock Units granted to non-employee directors on September 22, 2025 cliff vested according to schedule on September 22, 2026.
Restricted stock units converted 5,601 units September 22, 2026
Common shares acquired 5,601 shares September 22, 2026
Common shares held after transaction 5,601 shares Direct holdings following the September 22, 2026 transaction
Restricted stock units following transaction 0 units Reported position following the September 22, 2026 transaction
Restricted Stock Units financial
"Restricted Stock Units granted to non-employee directors"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cliff vested financial
"cliff vested according to schedule on September 22, 2026"
contingent right financial
"a contingent right to receive one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PBI shares did director Wayne Remell receive?

Wayne Remell converted 5,601 restricted stock units into 5,601 shares of Pitney Bowes common stock on September 22, 2026. He directly held 5,601 common shares after the transaction.

When did PBI's restricted stock units vest?

The units granted to non-employee directors on September 22, 2025, cliff vested according to schedule on September 22, 2026. Each unit represented a contingent right to receive one share of Pitney Bowes common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
WALKER WAYNE REMELL

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/22/2026M5,601A$0.005,601D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)09/22/2026M5,601 (2) (2)Common Stock5,601$0.000.00D
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 September 22, 2025 cliff vested according to schedule on September 22, 2026.
Remarks:
/s/ Elisabeth Weinberg, attorney-in-fact for Wayne Remell Walker09/23/2026
** Signature of Reporting PersonDate
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)

Keep reading