[Form 4] Pitney Bowes Inc. Insider Trading Activity

Rhea-AI Filing Summary

Pitney Bowes director Peter C. Brimm received a grant of 6,922 restricted stock units (RSUs) on 08/06/2025. Each unit represents a contingent right to one share of Pitney Bowes common stock and the award was granted at a reported price of $0.00. The RSUs are scheduled to cliff vest on the one-year anniversary of the grant, on 06 August 2026, at which time each unit converts into one share if vesting conditions are met. The reported ownership form is direct, and the Form 4 was filed by a single reporting person identifying Brimm as a director.

This filing documents a routine equity award to a board member rather than a cash transaction or sale, and it increases Brimm's potential future share holdings by 6,922 shares pending vesting.

Insights

Securities Analyst

TL;DR: A routine director RSU grant of 6,922 units that vests after one year; limited immediate market impact.

The Form 4 reports a non-cash equity grant: 6,922 restricted stock units awarded to director Peter C. Brimm on 08/06/2025 with a cliff vest date of 06 August 2026 and a grant price of $0.00. This is a standard compensation mechanism to align director incentives with shareholders. Because the award is contingent and cliff-vests in one year, there is no immediate issuance of shares and the filing does not show any sale or disposition that would affect float today.

Corporate Governance Expert

TL;DR: Governance practice consistent with board compensation norms; vesting conditions and direct ownership are clearly documented.

The disclosure specifies that each RSU equals one share and that the units cliff-vest after one year, providing clear vesting mechanics. The award is reported as held directly and the filing notes the reporting person is a director. From a governance perspective, time-based cliff vesting for board-level awards is common and intended to retain directors and align interests over a defined period.

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^*

Brimm Peter C

(Last) (First) (Middle)

3001 SUMMER ST.

(Street)

STAMFORD CT 06926

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	08/06/2025		A		6,922		(2)	(2)	Common Stock	6,922	$0.00	6,922	D

Explanation of Responses:

1. Each unit represents a contingent right to receive one share of Pitney Bowes common stock.

2. The Restricted Stock Units are scheduled to cliff vest after one year on 06 August 2026, the anniversary of the grant date.

Remarks:

	/s/ Elisabeth Weinberg, as attorney-in-fact for Peter C Brimm	08/08/2025
	** 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.