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Pfizer chief sold $5.6m of shares on day Covid vaccine was announced

4 pointsby lilbaineover 4 years ago

4 comments

pmdulaneyover 4 years ago
Wink, wink.<p>We at The Guardian will not say that Mr Bourla broke any laws. We will not even say that there is something wrong with someone profiting from a pandemic. We don&#x27;t have to! We know how our loyal readers think. They will arrive at the correct conclusion, and will seethe with the evil eye like one of Pavlov&#x27;s dogs...
rogerkirknessover 4 years ago
1. Officers of public companies have to run all stock sales by the General Counsel<p>2. Often the stock sales automatically happen based on milestones (e.g. increases).
lilbaineover 4 years ago
The article states his sales were “preestablished”<p>‘The sale of these shares is part of Dr Bourla’s personal financial planning and a pre-established (10b5-1) plan‘
throwaway888abcover 4 years ago
Pfizer said that the shares were sold via an automated system after they hit a certain price, under a plan set up in August.