secwatch.observer — SEC 8-K summary
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Issuer:     PITNEY BOWES INC /DE/ (PBI)
CIK:        0000078814
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001628280-25-042941
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pitney Bowes finalizes separation with EVP Shemin Nurmohamed; $636K severance plus $354K bonus
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- Shemin Nurmohamed ceased as EVP & President of Sending Technology Solutions on Sep 11, 2025.
- Severance includes $636,000 (52 weeks base salary) paid in installments on regular paydays.
- Additional lump sum of $354,069 (pro-rata bonus) payable within 30 days of separation.
- Equity awards outstanding for at least one year continue vesting; others forfeited.
- Company-paid term life insurance equal to one year salary and COBRA at active rate for 6 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78814/000162828025042941/0001628280-25-042941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78814/000162828025042941/pbi-20250925.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-042941

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