secwatch.observer — SEC 8-K summary
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Issuer:     PITNEY BOWES INC /DE/ (PBI)
CIK:        0000078814
Form:       8-K
Filed at:   2025-08-21T23:59:59+00:00
Accession:  0000078814-25-000018
Event type: leadership
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pitney Bowes finalizes separation with CFO Robert Gold, provides $350K transition pay
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- Robert Gold ceased as EVP/CFO/Treasurer effective July 29, 2025; separation agreement signed Aug 17.
- Transition pay of $350,000 to be paid in installments following the effective date.
- Agreement includes release of claims and post-employment obligations (cooperation, non-disparagement).
- COBRA coverage at active employee rate for first six months if agreement not revoked.
- Restricted stock units and performance stock units granted within one year forfeited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78814/000007881425000018/0000078814-25-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78814/000007881425000018/pbi-20250817.htm
  HTML page:      https://secwatch.observer/filing/0000078814-25-000018

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