SEC Form 4 · accession 0001693906-26-000010
PITNEY BOWES INC /DE/ · PBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt James Wolf
Officer — President & CEO · Director
Period of report
Jul 2, 2026
Accepted (ET)
Jul 7, 2026 · 5:30 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0000078814
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Jul 2, 2026 | S | 136,500 | $16.826 | D | 3,001,998 | I | By Hestia Capital Partners, LP |
| Common StockF2,F3 | Jul 2, 2026 | S | 13,500 | $16.826 | D | 251,422 | I | By Separately Managed Accounts |
| Common StockF4,F3 | Jul 6, 2026 | S | 50,834 | $16.915 | D | 2,951,164 | I | By Hestia Capital Partners, LP |
| Common StockF4,F3 | Jul 6, 2026 | S | 5,027 | $16.915 | D | 246,395 | I | By Separately Managed Accounts |
| Common StockF5,F3 | Jul 7, 2026 | S | 287,815 | $17.104 | D | 2,663,349 | I | By Hestia Capital Partners, LP |
| Common StockF5,F3 | Jul 7, 2026 | S | 28,465 | $17.104 | D | 217,930 | I | By Separately Managed Accounts |
| Common Stock | holding | — | — | — | 1,132,581 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The stock option exercises and broker-assisted sales transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 10, 2025 during the Company's open window period (the "Trading Plan").
- F2The price reported here is a weighted average price. This transaction was executed in multiple transactions at prices ranging from $16.65 to $16.99, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F3The reporting person is the managing member of (a) Hestia Partners GP, the general partner of Hestia Capital Partners, LP (Hestia Capital), and (b) Hestia LLC, the investment manager of Hestia Capital and certain separately managed accounts (the SMAs). As the managing member of each of Hestia Partners GP and Hestia LLC, the reporting person may be deemed the beneficial owner of the shares directly owned by Hestia Capital and shares held in the SMAs. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F4The price reported here is a weighted average price. This transaction was executed in multiple transactions at prices ranging from $16.89 to $17.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F5The price reported here is a weighted average price. This transaction was executed in multiple transactions at prices ranging from $16.89 to $17.36, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.