A Form 4 filed on August 14, 2026 discloses that Paul J. Evans, Executive Vice President, CFO and Treasurer of Pitney Bowes Inc /DE/ (NYSE:PBI), reported two transactions in common stock and one derivative security transaction dated August 13, 2026.

Key Highlights

  • RSU vesting: 7,355 restricted stock units converted to 7,355 shares of common stock on August 13, 2026 at $0.00 conversion price.
  • Tax withholding: 2,306 shares were disposed of on August 13, 2026 at $16.805 per share, coded as "F" (payment of exercise price or tax liability).
  • Remaining direct holdings: Evans directly holds 51,425 shares of common stock following both transactions.
  • Derivative balance: 14,710 restricted stock units remain beneficially owned directly following the reported transaction.
  • Vesting schedule: The RSU award vests in three equal installments on August 13, 2026, August 13, 2027, and August 13, 2028, according to the filing.

Paul Evans RSU Transaction Details at Pitney Bowes

According to the filing, Paul J. Evans, serving as EVP, CFO and Treasurer of Pitney Bowes Inc /DE/, reported a vesting event on August 13, 2026. A total of 7,355 restricted stock units were converted to common stock under transaction code "M," with each unit representing, as the filing states, "a contingent right to receive one share of Pitney Bowes common stock." The conversion price was listed as $0.00, bringing Evans's direct common stock holdings to 53,731 shares immediately after the acquisition.

On the same date, the filing discloses that 2,306 shares were disposed of under transaction code "F" at a price of $16.805 per share, reducing his direct common stock position to 51,425 shares. Transaction code "F" corresponds to shares disposed of to cover tax withholding obligations. No open-market sale was reported.

In Table II, the filing records the vesting of 7,355 restricted stock units as a disposition of derivative securities under code "M," leaving Evans with 14,710 restricted stock units still beneficially owned directly. The filing notes that the underlying award vests in three equal installments on August 13, 2026, August 13, 2027, and August 13, 2028. The form was signed by Elisabeth Weinberg as attorney-in-fact for Paul J. Evans on August 14, 2026.

What Was Disclosed

The filing reports a restricted stock unit vesting of 7,355 shares and a simultaneous withholding of 2,306 shares at $16.805 for Evans at Pitney Bowes, leaving him with 51,425 shares of common stock and 14,710 remaining restricted stock units.