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

theguardian.com

4 points by lilbaine · 4 comments

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4 threads
pmdulaney

Wink, wink.

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'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's dogs...

rogerkirkness

1. Officers of public companies have to run all stock sales by the General Counsel

2. Often the stock sales automatically happen based on milestones (e.g. increases).

lilbaineOP

The article states his sales were “preestablished”

‘The sale of these shares is part of Dr Bourla’s personal financial planning and a pre-established (10b5-1) plan‘

throwaway888abc

Pfizer said that the shares were sold via an automated system after they hit a certain price, under a plan set up in August.

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