Wolf Kurt James 4
4 · PITNEY BOWES INC /DE/ · Filed May 29, 2025
Insider Transaction Report
Form 4
Wolf Kurt James
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Restricted Stock Unit
2025-05-27−23,810→ 36,469 total→ Common Stock (23,810 underlying) - Exercise/Conversion
Common Stock
2025-05-27+23,810→ 42,714 total - Tax Payment
Common Stock
2025-05-27$10.27/sh−7,434$76,310→ 35,280 total
Holdings
- 4,810,917(indirect: By Hestia Capital Partners, LP)
Common Stock
- 584,636(indirect: By Separately Managed Accounts)
Common Stock
- 8,309,492(indirect: By Helios I, 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]The Restricted Stock Units granted May 24, 2024 cliff vested May 27, 2025.