Pitney Bowes CEO Kurt Wolf Sells 515,141 Shares Under 10b5-1 Plan

Kurt James Wolf, President & CEO of Pitney Bowes Inc., filed a Form 4 disclosing significant stock sales totaling 515,141 shares from July 2-7, 2026. The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on November 10, 2025 during the company's open window period. Sales occurred through two entities: Hestia Capital Partners, LP (selling 475,149 shares) and Separately Managed Accounts (selling 39,992 shares). The sales were executed at weighted average prices ranging from $16.826 to $17.104 per share. Following these transactions, Wolf's direct ownership stands at 1,132,581 shares, while indirect ownership through the entities totals approximately 2.9 million shares. The filing indicates these were planned sales under a predetermined trading arrangement rather than discretionary market timing.