Pitney Bowes VP DeFina sells $61k in stock

Lauren Thomas DeFina, VP, Chief Accounting Officer at Pitney Bowes INC /DE/ (NYSE:PBI), sold 5,000 shares of common stock on July 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. This insider transaction comes at a time when InvestingPro analysis indicates the stock is currently undervalued based on its Fair Value assessment. The sales were executed at prices ranging from $12.0 to $12.5, resulting in a total transaction value of $61,250.

Following the transactions, DeFina directly owns 2,621 shares of Pitney Bowes INC /DE/.

The 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 March 10, 2025 during the Company’s open window period (the "Trading Plan").

In other recent news, Pitney Bowes Inc . reported its first-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $0.33, surpassing the forecast of $0.27. However, the company’s revenue came in slightly below expectations at $493 million, compared to the projected $501.4 million. In a leadership development, Kurt Wolf, head of Hestia Capital Management, is set to become the CEO of Pitney Bowes, replacing Lance Rosenzweig. This change follows Wolf’s prior contributions to the company, including cost reductions and debt management. Additionally, Ancora Holdings Group has decided to directly hold shares of Pitney Bowes, expressing confidence in the company’s leadership under Wolf. Meanwhile, at Pitney Bowes’ Annual Meeting, shareholders approved all proposed items, including the election of directors and an amended 2024 Stock Plan. Lastly, Julie Schoenfeld has resigned from the board of directors, with Pitney Bowes expressing gratitude for her service.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.