Pitney Bowes Inc entered into transactions to wind down its Global Ecommerce reporting segment, with an affiliate of Hilco subscribing for 81% of the voting interests in DRF Logistics, LLC for de minimis consideration, while the Ecommerce Debtors filed for Chapter 11 bankruptcy; James Fairweather's employment as EVP and Chief Innovation Officer will end on April 1, 2025, with a cash payment and other benefits; Amendments were made to the Credit Agreement and Note Purchase Agreement; Exhibits attached.