Pitney Bowes Director Sells $1.56 Million in Stock; Company Posts Mixed Quarterly Results
Kurt James Wolf, a director at Pitney Bowes Inc (PBI), sold 150,000 shares on March 11, 2026 under a Rule 10b5-1 plan, generating roughly $1.56 million. The company posted adjusted EPS that exceeded expectations but reported a year-over-year revenue decline and announced an additional private placement of 7.250% Senior Notes due 2029.