[144] Sequans Communications S.A. American SEC Filing

Rhea-AI Filing Summary

Pitney Bowes Inc. (NYSE: PBI) – Form 144 filed for proposed insider sale

The notice, dated 07/14/2025, covers a planned sale of 5,000 common shares with an aggregate market value of $55,050. The transaction will be executed through Morgan Stanley Smith Barney on the NYSE. The shares equal roughly 0.003 % of Pitney Bowes’ 181,253,371 shares outstanding.

All shares were acquired as restricted stock units on 02/09/2021. The filer—identified in prior 10b5-1 disclosures as Lauren Thomas Defina—has already sold 4,000 shares over the last three months:

• 2,000 shares on 07/03/2025 for $23,000
• 2,000 shares on 06/26/2025 for $22,000

The signer certifies no knowledge of undisclosed adverse information and, if relying on Rule 10b5-1, affirms an existing trading plan. Given the modest size relative to float, the sale is expected to have minimal impact on liquidity or fundamentals, though investors may note the continuation of insider selling activity.

Insights

Securities Analyst

TL;DR: 5k-share Form 144 is routine; dollar value <0.01 % of market cap, limited impact.

The filing reveals a proposed $55k sale (≈0.003 % of outstanding shares) by RSU holder Lauren Thomas Defina. Coupled with 4k shares sold in June–July under a 10b5-1 plan, insider disposals total 9k shares. The transaction does not alter Pitney Bowes’ capital structure or signal operational issues—the form expressly states no undisclosed adverse information. From an equity-market perspective, the volume is immaterial and should not pressure the stock. The event remains noteworthy only for those monitoring insider sentiment.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	23000	103500.00	25387528	07/14/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS	12/31/2017	Private Acquisition from Issuer or an Affiliate	Issuer			23000	12/13/2017	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for GEORGES KARAM 15-55 Boulevard Charles de Gaulle Colombes I0 92700	ADS	07/11/2025	23000	104600.00
10b5-1 Sales for GEORGES KARAM 15-55 Boulevard Charles de Gaulle Colombes I0 92700	ADS	07/10/2025	13000	47000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Pitney Bowes (PBI) shares are covered by this Form 144?

The notice covers 5,000 common shares.

What is the aggregate market value of the planned sale?

The filing lists an aggregate value of $55,050 for the 5,000 shares.

When is the approximate date of sale for the PBI shares?

The shares are expected to be sold on 07/14/2025.

Which broker will execute the transaction?

The sale will be handled by Morgan Stanley Smith Barney LLC.

How many shares has the same insider sold recently?

She previously sold 4,000 shares (2,000 on 07/03/2025 and 2,000 on 06/26/2025).

What percentage of Pitney Bowes’ outstanding shares does the 5,000-share sale represent?

It represents roughly 0.003 % of the 181,253,371 shares outstanding.

What type of shares are being sold and when were they acquired?

They are restricted stock units acquired on 02/09/2021.