4Filed Aug 5, 8:00 PM ET

Pitney Bowes (PBI) EVP Todd A. Everett Sells 25,000 Shares

$PBI · PITNEY BOWES INC /DE/

Research Summary

AI-generated summary of this SEC filing

Updated

Pitney Bowes (PBI) EVP Todd A. Everett Sells 25,000 Shares

What Happened Todd A. Everett, EVP and President of SendTech at Pitney Bowes (PBI), sold 25,000 shares in an open-market transaction on August 5, 2026. The weighted average price was $18.07 per share, for total proceeds of approximately $451,700. This was a sale (insider disposition), not a purchase.

Key Details

  • Transaction date: 2026-08-05; filing date: 2026-08-06 (filed one day after the trade).
  • Price: weighted average $18.07; trade prices ranged from $18.00 to $18.17 (see footnote F1).
  • Shares sold: 25,000; total value ≈ $451,700.
  • Shares owned after the transaction: not disclosed in the provided filing.
  • Footnote: F1 notes the reported price is a weighted average across multiple executions and the reporting person can provide per-price breakdown on request.
  • No indication in the provided filing of a 10b5-1 plan, option exercise, gift, or tax-withholding event.

Context Sales by company executives can be routine (e.g., diversification, liquidity, or planned dispositions) and do not by themselves indicate company performance or insider conviction. Retail investors should consider this alongside other insider trades, company fundamentals, and broader market context.