Episode

Wolf’s Stock Sale Explained

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
May 30, 2026
Duration seconds
95
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Summary

Pitney Bowes CEO Kurt Wolf cashed in $3.8M by selling 243K shares at $15.67 apiece — less than his typical sell-offs — while the company’s stock surged 62% year-over-year. The sale, filed with the SEC on May 27, was part of a pre-planned strategy to avoid insider trading suspicions. Wolf still holds a massive stake: over 64K shares directly and more than 5.7M indirectly. Amid rising dividends — the fifth increase in six quarters — Pitney Bowes remains a solid income play for steady returns, not explosive growth. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/2f847af148809d27