Wolf Kurt James, President and CEO of Pitney Bowes (PBI), has filed 72 Form 4 transactions, all in that single company. The pattern is one-sided: zero open-market purchases and roughly $105.7 million in total sales, against about $55.8 million in acquired shares, which under SEC codes represent grants, option exercises, or conversions rather than conviction buys. The recent window, from July 2 through September 17, 2026, shows 23 sale transactions, with no purchases at all.
The selling is steady and layered. On September 17, James sold PBI in two blocks worth $37,474.50 and $378,875.91. The prior day brought $39,790.41 and $402,400.75. September 15 saw a larger pair: $233,712 and $2,363,088. August 3 was the heaviest single session, with two sales totaling $7,482,180.93, plus two code "J" transactions valued at $8,765,000 and $8,387,666.75, which are other acquisitions or dispositions not classified as open-market trades. July 30 produced four sales ranging from $9,803.35 to $7,040,506.16. The smallest recent sale was $627.12 on August 28.
The dollar values cluster in paired filings, which typically reflect both a direct holding and an indirect holding, such as shares held through a trust or entity. James has not bought a single share on the open market across the entire 72-transaction history. The direction is unambiguous: he is a consistent seller of PBI stock, with the most recent activity concentrated in the summer and early fall of 2026.
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