Insider Trading April 22, 2026 10:16 AM

Pitney Bowes General Counsel Sells Small Block of Shares; Company Posts Mixed Quarter

EVP Lauren Freemen-Bosworth executed a broker-assisted sale under a 10b5-1 plan as Pitney Bowes reports EPS beat but revenue decline and explores a debt offering

By Sofia Navarro PBI
Pitney Bowes General Counsel Sells Small Block of Shares; Company Posts Mixed Quarter
PBI

Lauren Freemen-Bosworth, Pitney Bowes' Executive Vice President, General Counsel and Corporate Secretary, sold 169 shares of the company's common stock on April 21, 2026, for $2,408. The trade was carried out under a Rule 10b5-1 plan adopted October 31, 2025. Pitney Bowes recently reported fourth-quarter adjusted EPS above expectations but posted a revenue shortfall and announced a contingent $200 million private notes offering.

Key Points

  • Lauren Freemen-Bosworth sold 169 shares of Pitney Bowes common stock on April 21, 2026, for $2,408, executed under a Rule 10b5-1 broker-assisted plan adopted on October 31, 2025.
  • Pitney Bowes reported fourth-quarter adjusted EPS of $0.45, beating the $0.37 analyst expectation, while revenue of $478 million missed the $486.38 million forecast and declined 7% versus the prior year.
  • The company announced a planned $200 million private notes offering of 7.250% Senior Notes due 2029 - contingent on market conditions - and saw its price target raised to $14.00 by Citizens, citing a USPS First Class Mail price increase.

Lauren Freemen-Bosworth, who serves as Executive Vice President, General Counsel and Corporate Secretary at Pitney Bowes Inc. (NASDAQ:PBI), sold a small block of company stock on April 21, 2026. According to the transaction record, she disposed of 169 shares at $14.25 per share, for a total transaction value of $2,408.

After the sale, Ms. Freemen-Bosworth's direct holding in Pitney Bowes common stock stands at 28,329 shares. The company’s share price has since moved to $15.21, a figure the report notes alongside a stated 87% gain for the stock over the last year. The stock was characterized as trading near a 52-week high of $14.87.

The sale was executed as a broker-assisted transaction under a Rule 10b5-1 trading plan. That plan was adopted on October 31, 2025, and the filing notes the adoption occurred during Pitney Bowes' open window period.

Investors awaiting additional company detail have an earnings date on the calendar - Pitney Bowes is scheduled to report earnings on April 24. The report also references InvestingPro, which it says provides expanded Pro Research Reports and additional analysis on PBI beyond standard market data.


Separately, the company’s recent quarterly results were mixed. Pitney Bowes reported fourth-quarter adjusted earnings per share of $0.45, ahead of analyst expectations of $0.37. Revenue for the quarter, however, was $478 million, below the $486.38 million forecast and down from $516 million in the same quarter a year earlier - a decline the filing quantifies at 7%.

In addition to the operating results, Pitney Bowes announced plans for a $200 million private notes offering consisting of 7.250% Senior Notes due 2029. The new notes would be part of the same series as notes issued in 2021, and the offering is described as contingent on market conditions.

On the research front, the filing notes that Citizens raised its price target for Pitney Bowes stock from $13.00 to $14.00 while maintaining a Market Outperform rating, a recommendation the report links to the U.S. Postal Service's announcement of a First Class Mail price increase.


Collectively, the insider sale, the quarterly results and the financing announcement present a snapshot of recent activity at Pitney Bowes - reflecting a small insider disposition processed under a standing plan, an earnings beat on the bottom line paired with a revenue shortfall, and a contingent capital markets action.

Risks

  • Revenue missed expectations in the most recent quarter and declined 7% year-over-year - a near-term operating risk for the company and investors monitoring top-line performance.
  • The planned $200 million private notes offering is contingent on market conditions, introducing execution risk related to capital markets and financing costs.
  • Scheduled earnings on April 24 create near-term event risk as investors await further company disclosures that could affect market sentiment.

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