Form 4: Pitney Bowes EVP Ana Maria Chadwick Reports Stock Transactions
SEC Form 4 Filing
Ana Maria Chadwick, EVP & Chief Financial Officer of Pitney Bowes, reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On February 27, 2024, Ana Maria Chadwick, EVP & Chief Financial Officer of Pitney Bowes, reported transactions involving Pitney Bowes common stock.
- These transactions included the vesting of 38,052 restricted stock units, which converted into an equal number of common stock shares.
- Following the vesting, 12,116 shares were disposed of to satisfy tax withholding obligations.
- After these transactions, Chadwick directly owns 91,385 shares of Pitney Bowes common stock and 76,103 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| January 19, 2021 | Date of execution of the Power of Attorney. |
| February 27, 2024 | Date of stock transactions (vesting of restricted stock units and disposition of shares). |
| February 29, 2024 | Date of signature on the Form 4 report. |
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