gloveharicut
GLOVEs Shareholder, you should come and see what Pfizer CEO did.
gloveharicut
Publish date: Wed, 11 Nov 2020, 12:31 PM
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GLOVES party End? You should ask how to distribute the ultra-cold vaccine?
I am reproducing the AXIOS article to my blog.
This post don't have any value added content.
Compile here for my own record.
Please skip if you don't like it.
https://www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html
Pfizer's CEO sold $5.6 million in stock on same day of vaccine news
Pfizer CEO Albert Bourla. Photo: Drew Angerer/Getty Images
Pfizer CEO Albert Bourla sold $5.6 million worth of stock on Monday — the same day it said its and BioNTech's coronavirus vaccine showed 90% effectiveness in preliminary results, which saw the company's stock soaring almost 8%.
Between the lines: The stock sale is perfectly legal through a predetermined plan called Rule 10b5-1, but the optics aren't great. A Pfizer spokesperson did not add any new information in a statement, saying the sale was part of a predetermined plan created in August.
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Discussions
Be the first to like this. Showing 6 of 6 comments
Got huge profit still want to wait ? Later drop buy back again laa...simple rule also can't understand ?
2020-11-11 14:09
if in malaysia, this guy would've been arrested for insider trading.
but in cowboy land USA, he's free to do whatever he likes
2020-11-11 16:35
MUST READ OTHER ARTICLES ON SUBJECT. THE CROOK MUST GO TO JAIL AFTER INVESTIGATION. GOOD LUCK TO HIM
2020-11-12 10:09
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Surprise la. If vaccine is coming, sure price will double up. Why wan 2 sell??
2020-11-11 13:11