PITNEY BOWES INC /DE/ — Director's Dealing 2023

May 19, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PITNEY BOWES INC /DE/ (PBI)
CIK: 0000078814
Period of Report: 2023-05-09

Reporting Person: Wolf Kurt James (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5572261.00	Indirect
Common Stock	9540161.00	Indirect
Common Stock	678500.00	Indirect

Footnotes

F1: The reporting person is the managing member of (a) Hestia Partners GP, the general partner of Hestia Capital Partners , LP (Hestia Capital) and Helios I, LP (Helios), and (b) Hestia LLC, the investment manager of Hestia Capital, Helios, and certain separately managed accounts (the SMAs). As the managing member of each of Hestia Partners GP and Hestia LLC, the Reporting Person may be deemed the beneficial owner of the (i) 5,572,261 shares directly owned by Hestia Capital, (ii) 9,540,161 shares directly owned by Helios, and (iii) 678,500 shares held in the SMAs. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.