The CEO's $2.36M open-market sale without a 10b5-1 plan is the most bearish signal in this cluster. Monitor the next 8-K or earnings release for potential negative guidance or operational deterioration.
Price Chart
Executive Summary
Three Pitney Bowes insiders, including the CEO, sold a combined $2.87M in stock over a one-week window. CEO Kurt James Wolf's $2.36M sale dominates the cluster, representing the largest insider sale at the company in recent history. This is a material open-market selling cluster by top executives with no disclosed 10b5-1 plan, signaling potential concern about near-term fundamentals.
Key Financial Metrics
Key Facts
- CEO Kurt James Wolf sold 136,500 shares for $2.36M on 2026-09-15 at $17.31/share
- EVP Todd Everett sold 10,000 shares for $169K on 2026-09-10
- EVP Deborah Pfeiffer sold 20,000 shares for $342K on 2026-09-08
- Total insider sales of $2.87M represent approximately 0.88% of market cap ($326M)
- No 10b5-1 trading plan indicated for any of the three sales
- Cluster occurred over a 7-day window (Sept 8-15, 2026)
Financial Impact
Insider sales of $2.87M represent 0.88% of market cap, a significant cluster by dollar value and insider seniority
Risk Factors
- Insider sales may be pre-planned despite no 10b5-1 indication
- CEO sale could be for personal diversification or tax planning
- Company may have positive news that offsets insider selling concerns
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PBI-1789683618637 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 27d ago | 8-K | $16.32 $16.48 | ▲ +0.98% | ▼ −0.93% | $17.26 (+5.76%) |
Sep 21, 2026 5w ago | 8-K | $16.54 $16.38 | ▼ −0.97% | ▲ +0.05% | $17.26 (+4.35%) |
Sep 17, 2026 5w ago | Insider Cluster | $16.85 $16.38 | ▲ +2.79% | ▲ +4.06% | $17.26 (−2.43%) |
Sep 11, 2026 6w ago | Insider Cluster | $17.06 $16.85 | ▼ −1.23% | ▼ −1.01% | $17.26 (+1.17%) |
Aug 20, 2026 9w ago | 8-K | $16.17 $17.27 | ▲ +6.80% | ▲ +5.69% | $17.26 (+6.74%) |
Aug 6, 2026 11w ago | Insider Cluster | $17.32 $16.42 | ▲ +5.20% | ▲ +5.59% | $17.26 (+0.35%) |
Aug 6, 2026 11w ago | Insider Cluster | $17.32 $16.42 | ▲ +5.20% | ▲ +5.59% | $17.26 (+0.35%) |
Jun 1, 2026 21w ago | Insider Cluster | $16.92 $16.86 | ▲ +0.35% | ▼ −2.40% | $17.26 (−2.01%) |
Jun 1, 2026 21w ago | Insider Cluster | $16.92 $16.86 | ▼ −0.35% | ▲ +2.40% | $17.26 (+2.01%) |
May 28, 2026 21w ago | Insider Cluster | $15.80 $16.50 | ▼ −4.43% | ▼ −4.48% | $17.26 (−9.24%) |
US Market Status
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