Wolf Kurt James 4
4 · PITNEY BOWES INC /DE/ · Filed May 6, 2025
Insider Transaction Report
Form 4
Wolf Kurt James
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Restricted Stock Unit
2025-05-02−18,904→ 49,818 total→ Common Stock (18,904 underlying) - Exercise/Conversion
Common Stock
2025-05-02+18,904→ 18,904 total
Holdings
- 8,309,492(indirect: By Helios I, LP)
Common Stock
- 584,636(indirect: By Separately Managed Accounts)
Common Stock
- 4,810,917(indirect: By Hestia Capital Partners, LP)
Common Stock
Footnotes (3)
- [F1]The reporting person is the managing member of (a) Hestia Partners GP, the general partner of Hestia Capital Partners , LP (Hestia Capital) and Helios I, LP (Helios), and (b) Hestia LLC, the investment manager of Hestia Capital, Helios, and certain separately managed accounts (the SMAs). As the managing member of each of Hestia Partners GP and Hestia LLC, the reporting person maybe deemed the beneficial owner of the shares directly owned by Hestia Capital, shares directly owned by Helios, and shares held in the SMAs. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F2]Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
- [F3]RSUs granted on May 6, 2024 have a one year (as defined in the Pitney Bowes Inc. Directors' Stock Plan) cliff vesting.