Bourla sold 132,508 shares at an average price of $41.94 per share, or $5.6 million, according toregistered with the Securities and Exchange Commission. The 52-week-high for Pfizer's stock is $41.99, meaning Bourla sold his stock at almost its highest value in the past year.
His stock sale was carried out through a routine Rule 10b5-1, a predetermined trading plan that allows company staff to sell their stocks in line with insider trading laws. Bourla's sale was part of a pre-set plan adopted on August 19, the filing showed. He continues to own 81,812 Pfizer shares.
The leadership at the Insider needs to rethink its business strategy. Manny Fidel, a junior writer, brings his taste of racism, and hatred toward women to his latest toast besmirching the candidate Loeffler in GAs' physical appearance. BI Creditiabitly Rating: ZERO.
radhika_vidhate
Pfizer and Bio N Tech got a $1.95 billion market guarantee deal from the U.S. government Operation Warp Speed in July, 2020. Pfizer's spokeswomen clarified that the company is part of Operation Warp Speed as a supplier of a potential coronavirus vaccine.
The SEC ought to get him for insider trading!!!!!!
Wow
Pfizer’s CEO seems a really “sketchy” person. So far his unveiling of their potential Covid vaccine- makes one wonder if we can trust leadership like this to have the best interest of Americans at Heart. Why did he deny being part of “Warped Speed”?
Buy low , sell high!
Is this legal
Now trump is saying that warp speed gave Pfizer 1.6 billion is this true.
it means that he clearly doesnt have an optimistic outlook in the longterm
PoliticalBee Shitty headline
Deplorable truth, a CEO selling as shareholders, are? The public are to trust the company, he does not? Perhaps not illegal, but optics are immoral. His blue pill may raise the defunct, will he soon have a vaccine to grow back a lost backbone? FTGlobalBoardroom COVID19
In a world where most people only read the headlines, you definitely need to do better. Because this reads no better than a FAUX news headline.
THE VACCINE WON'T PROTECT AGAINST ANYTHING! SELL NOW.
I'm worried about the cold storage in places like California not a reality here or hot places an unstable vaccine indicates an issue!
What type of a signal does his action send? Vaccine take long time to develop and that the success of the vaccine is doubtful!!. If he had reposed faith in the vaccine, he would have waited for the stocks to go further up. The moot question remains unanswered. Vaccine is there?
It is a vaccine from BioNtech. You need to report with care.
And where did the money for this profit come from? Hmmmmm... how much does it cost to produce everyday medicines? And how much do they charge?
Smart decision. He should buy a property 😂
Where’s the IRS DEPARTMENT OF JUSTICE
On the same day they released positive results and a week after the election! A pure coincidence.
Moderna, now Pfizer... I smell fraud...vaccine trial positive result.
Smart man
Bear foot investor the 50 30 20 or the 80 20 or 50/50 method
It looks shady but probably isn't. One of my good friends from junior high is responsible for signing off on trades as secretary at her publicly traded company (not Pfizer). There are a lot of people in place to make sure they don't trade on insider information.
Aaaaaaaah!!!!!
Sounds like someone needs a special hearing.
This isn't insider trading?
But this was a predetermined trade.
Trump said there would be approved vaccine by the end of the year , can give him that credit 🙏🏽
Very concerning (and curious) that immediately after Pfizer announced a covid vaccine (and the company’s price rose bc of that announcement), its CEO dumped a huge share-60%-of his company’s stock. Very suspicious.
HE knows something...
Sounds like insider trading huh?
Greedy bastard
I wonder how many people commenting on this article actually read it. He pre-authorised the sale of a number of shares if and when the share price reached a certain level. It may never have reached that level. It may still climb to a higher level. Nothing wrong with that.
A very noble & laudatory move from this CEO.
Very lucrative press release,
What are the odds that his pre planned cash out falls on the same day they make the announcement?
Oh, wow. That’s terrible...because it implies he cashed out on top. A real journalist would have given context on PFE. Just a little journalism would have shown stock is worth less today that 2 years ago. Be better.
Why did you cash out? Seems if this is a good vaccine, you'd hang on to your shares. Makes me wonder. Wasn't the 2 billion in tax dollars enough for you?
It’s only called Insider Trading when you aren’t rich enough already. Moderna execs did the same in the summer.
Is that not insider trading?
He could have published findings before the election. President Trump was and is right !
Business opportunities with news
90% effective on 94 volunteers, those numbers will decrease as testing is expanded. And viruses mutate, as all viruses do. 👇🏼
PoweredByComedy Ya don't say ?!
i bet SenLoeffler is pissed she didn't get loop in to the scheme. Grifter
Scheduled sale
If this is true this is not a good sign
If he had a idea in august the vaccine would have a worst case release date around the election and the vaccine is not as efficacious as stated or worse... It was bad If not, who cares, pay the man There is no way to know. naive to think it couldn’t but, may not be.
While this is true, the 105 filing was likely already set to trigger based on a price. It’s pretty standard and hands off for the CEO
Seems reasonable
A law should be passed not allowing a CEO or CFO to sell any company stock until they have been away from that company for a calendar year. This also prevents them from making short term decisions that they know are bad for the corporation long-term.
Almost like Big Pharma and career DC hacks like Biden are working together Morons
Everyone is so naive. Insider trading and shadiness is always there. Proving it is a different story. What would make something like this different. Oh sure this time the corporations have our back and they have nothing to gain from mandatory vaccines instead of voluntary...
んー、ダメかもしれないね🤣
“Bourla's sale was part of a plan adopted August 19, the filing showed. He continues to own 81,812 Pfizer shares.” This does not exonerate. It inculpates as to the date of the announcement.
😂😂😂😂 LET ME GUESS ... ROBINHOODER BOUGHT THE SHARES !!
Who cares? If your company saves the world from the China Virus, you deserve to be rich.
And he didn't know about the vac a week ago Pull this leg and it plays jingle bells
Is it an insider trade by Pfizer CEO on the stock market ? It means that Pfizer could fail to develop of vaccine for Covid 19.
Seems like a stand-up guy! : \\
Instead of manipulating his trades based on information, he manipulated the information based on his trades. Downright criminal.
these clown dirty as a pigs pen....
Danger! Warning, Will Robinson!!!
Of course he did
I would want the Pfizer CEO and senior staff and their families to take the vaccine first.
dazzlegal This is an irresponsible tweet / headline whatever you wish to call it. It was a previously disclosed planned sale. You people are 💩
Was it through a 10b5-1 plan?
If sale was predetermined, was that to sell by a certain date or by date of the efficacy announcement, no matter what? Where is that documented?
Johanvanderslam Pfizer didn’t take trump money from the US Treasury so what’s the problem?
IndivisibleNNV 'Pfizer's CEO cashed out 60% of his stock on the same day the company unveiled the results of its COVID-19 vaccine trial' The joy of Business Insider reporting insider trading
SiggysACLL SRuhle NicolleDWallace AliVelshi
Johanvanderslam Meaning it’s a scam and the vaccine doesn’t actually work.
Pkutocrats gonna plut.....
Complete fraud. They controlled and timed the release of the news for their benefit.
Inconsequential
Private hospitals have collected hundreds of billions of blood money as Nazi Germany did in the 1940s... death chambers ... Now hospitals ours are Ventilator.
Flaky rules of insider trading.
Bitcoin doesn't have CEO, now you choose
Is that because the 94 young, healthy patients they reported in may not be representative of the population?
Insider trading?
Of course he did. These traditional RNA vaccines aren’t demonstrating good immune response duration. It’s a huge problem in my opinion. They jack up the antibody levels for quick bursts of protection for maybe a few months at best. Then what? No data to support LT immunity.
Excuse me?!?
I heard he was renovating his basement. No big deal.
This is poor reporting. As an insider myself, I know you cannot just dump stock whenever you please. I constantly see this. “INSIDER SELLS!”. The windows are set, and the trades predetermined.
cjr_Rainey Selling right before stock jumps...not the smartest move. Right? Wouldn’t you technically want to wait till it was worth more? Someone with a different opinion tell me why? It soared after the announcement.
Uuuuyyy
Good for him. Strike while the iron is still hot
And there it is. Knew it was coming
1SnoozyQ Smart
So 90% success rate, and he profits before it is distributed to the Nation Scary.
minty_trades My main concern is not that dumping stock was '' pre-determind'' but why they decided to release the NEWS THE SAME DAY !!! I don't believed in coincidence !!
He is probably one of the best covid traders as at now. And, it's totally 'legal'.
Execs buy and sell stock all the time, some of it can be used for tax write offs if he loses money. This happens everyday, he probably owns millions of shares, non story
It’s a great country. Just think if it doesn’t workout ?
🤨
Mmhmm Nothing fishy there. JustOneOfTrumpsBuddies OnePercentGetsRicherWhileWeDie
Is that because he knows it's a scam?
This would only be egregious if the info regarding the vaccine was not accurate. Otherwise taking a profit after a job well done seems reasonable..no
So would I have.
K810Mt And buy the dip
No surprise money goes to money
Hmmmm!!?
Was this pre-determined? High-level executives set up such plans with automatic triggers about regular timing or a particular stock price. They have to do it as they are always an insider and won't be able to cash ever otherwise. There is also a cool-off period of a year.
He goes to hell!
KimZimmerman1 So not news at all?
Legal?
Why not surprised. Isn’t this insider trading? Probably because vaccine may fail. These crooks are unbelievable.
Hmmm. Doesn't show that much optimism actually. Not like Pfizer got that huge a bounce Monday anyway.
Good job if you can get it
I’m guessing JayaTigerLily wont be surprised at this.
People complaining about this, F off. First you complain these people don’t pay taxes on unrealized capital gains. Then they sell, will now pay taxes, and you complain about the “ethics” of the trade. Jesus Christ.
Imagine that. What a coinkydink
More for donations?
Why wouldn’t he? Now that’s using inside info to trade and I believe is ilegal.
I said to my wife the second I heard this guy talking that he sounded like a stock promoter not the head of one of the world's largest pharmas
SimonWhistler inside trading? ALLEGEDLY
BigLouuu big pay day💰
When I see in the quote that insiders are selling I definitely dont buy the share.
Told You so!
The market is over-heated with vaccines and there are many unknown and many questions not answered. For example, how long the effect will last? A month? A year? No matter this sale is pre-arranged or not, he didn't cancel it and it may be a smart move for him.
Terrible fake news. The plan is submitted all the way back in August. He did not sell all the shares “on the same day” because he sold it over the course of nearly 4 months. Would be nice if reporters had empathy before writing headlines
INSIDER TRADING!!!
İmamoğlu?
The sale may have been predetermined, can the same be said of the release of vaccine trial results. 🤔
Because his minimum stipulated price was reached on same day as the announcement, this didn't require any action on his part. What's your point?
The pre-determined sale part is really killing you guys. The sale was pre-determined but the date was not, if you believe the vaccine is going to work, you wait it out longer and sell the stock at a higher value than it is now.
He’s kinda goated for this
It wasn't a huge spike like with Kodak,not even it's 5 years high
REKTstonkMAN diaryrektman
This is just insane. It completely throws societies belief inThe vaccine into question. Forget about the ethics of selling of you Ann day
Disgusting. Nationalize the entire fucking industry.
What happened to “you can’t patent the sun”?
If he sold his shares after the announcement was publicly issued, then no one held a gun to the head of the people who bought them at that price.
So the day of the announcement was the deadline for him to also make lots of money. Makes me think they’ve announced success early. Worrying.
If he did it before the announcement, he has a problem. If he sold after the press release was issued, then it’s all legal.
Wildly misleading headline. Do better
Isnt that insider trading?
wow 😳😷🇺🇸
Amazing coincidence.
well deserved if Virus works and will be really available...
oh wow business insider back at it again with a misleading headline, what’s new
Can you say illegal?
Remember Pfizer has a history of being incredibly un-ethical and fined billions by governments.
Wait so CEOs *can* liquidate a majority of their stock at any time and NOT send the company into a free fall? So then they *should* be able to liquidate some of their “on paper only” wealth to pay more in taxes. Strange.
And the rich continue to commit CRIMES out in the open
joex92_ Délit d'initié?
It was predetermined—and what’s $5.6M for a Pfizer CEO? He could have sold a lot more if he really was gaming the system.
TeamTrump The Pfizer CEO knows his vaccine is trash. So do the following: veryvirology BusyDrT Folks will valid vaccine concerns; JamesTodaroMD drsimonegold zev_dr JeffereyJaxen America took a wrong turn in March when we had treatments, let's not take another.
DeejayBcdeejay2 Same w Regeneron. He knew it wouldnt work
why not
renato_mariotti Your thoughts? Half the internet seems to think this is perfectly legal; the other half that it's proof the Pfizer vaccine isn't as effective as declared.
SweetGigi369
SweetGigi369 Theres at least three companies now:
SweetGigi369
made fool 🤣🤣🤣
SweetGigi369 Con men. You won't see me taking any vaccine. 1.95 billion given to these clowns, minus 80 degree temp to cool them causes supply chain logistics problems and the money given to them by Operation Warp Speed could be better spent elsewhere:
Yea he predetermined when he could get the highest price and needs approval prior. Not sure what people are missing here.
Classic pump and dump
62% of his stock was only $5.6 million? Weak
FRAUD
This vaccine smells fishy! Most companies have a black out period! The optics here are not good.
Vile, but as long as the vaccine works I guess....How is this not blatant insider trading?
90% eh?
SRuhle What do you make of this coincidence?
Hmmm
Lmao just wow just fucking wow
Umm, there are SEC rules about things like this...
EpsilonTheory
Peak Pfizer.
Nothing to see here... 🙄
dlacalle_IA
Got a condo on his wrist!
afshineemrani Watch for reports in the near future that the vaccine is not as effective as initially thought.
Immoral (but legal)
realDailyWire DailySignal DailyCaller FoxBusinessAM BreitbartNews townhallcom OANN Free_PressFail FreeBeacon CR BlazeTV RedState nypost CNBC IdahoStatesman OWHnews KCStar indystar sacbee_news orlandosentinel theobserver last imes
Short-term Greed or Long term Fear ?
The reason why most people are finding it difficult to cureHSV is because they believe on medical report,drugs and medical treatment which is not helpful to cure HSV.Natural roots/herbs are the best remedy.Get a cure from email:droziegbe109gmail.com WhatsApp number: 08060846021
Our leaders, the elite and those that support them need t wake up, the world (we the people) will not accept ur arrogant abuse of what is right and just. We the people will rise up, as we r woke, we will expose u and we the people will fight for a just and fair world for ALL.
SEC_Enforcement
andrewrsorkin Albert Bourla needs to answer for this stock sale, given he sold it the same day Should be a blackout period for announcements like that Utter BS Also, where is the safety data and peer reviews? $PFE megtirrell
Of course...Big Pharma for win...
InsiderTrading InsiderTrading InsiderTrading InsiderTrading InsiderTrading InsiderTrading InsiderTrading InsiderTrading
Didn't the mordna* CEO do the same and you all made the exact pre determined sale claim? Lol. 🤯
That news was clearly not well intended....insider trading rules should be invoked
We have seen NO study results, only a press release. What weak news.
Perhaps the headline should have read “Pfizer announces vaccine success on same day as CEO cashes out 60% of his stock “
What a serendipitous turn of events for these poor pharmaceutical executives!
If the vaccine is scientifically proven to be 90% effective, the proof is in the pudding. Fauci backs this vaccine 👍🏼
Seems...bad
Oh, what a surprise...
That's why the lawyers broke the News about the vaccine wasn't it, so money men could make more money..🤨🙄
Cool!
He knows the vaccine wont work, so he is cashing out now. Before everybody realises we dont have a vaccine and we actually dont need it either.
We trust Pfizer? Because they’ve always been honest and have never been in litigation, right?
markbspiegel Pump and Dump! Woohoo!
There can be a pre-agreed selling date but what about the announcement date😂
The company Pfizer, which today announced the vaccine against Covid-19 soon, is the same company that created Viagra. Therefore, we can fully rely on the announced vaccine, because if Pfizer was able to raise the dead, they will much more easily cure the living.
Nothing to see here, move along.
thats an extremely punchable face right there. what an absolute C U Next Tuesday.
CEOs should be prohibited from selling their own shares as long as they hold the position. I mean in another system that had ethical firewalls
Every single time.
Who determined the day of announcement?
The sale was determined in August.
huskerland3 He knows damn well that this is not going to work. Did he share the profits with Trump?
Good friends with Fauci. Makes sense.
NeilDotObrien Keeping yourselves close to the money again. We need to favour the vaccines being developed by not-for-profit groups than the fat cats you support without question. This drip drip just adds to the feeling you are in another world to the rest of us 'subjects'.
Of course
Now would be a good time to *consolidate* any financial interests you might hold. Just saying...
zaid_rahim
This is all for the wellbeing of humanity! He is a hero and everyone who says different should put on a tinfoil hat! So spoke the useful idiot...
What I find troublesome here is how little equity exposure the Pfizer CEO has. $5mm is 60 percent?
HMMM
No shit! What’s new about this corruption?
え。現金化？売ったんですか？ 一昨日、ここのワクチン、9割程度の患者に効果があるとかニュースで見た気がするんですが？あれで集まったイナゴで利食いしたんですか？CEOが。
⬆️⬆️
Where is the ethics in journalism? Rage porn for clicks is killing our society. This spam writing in the content factory is not up to the quality or intelligence of your base. You need to recalibrate.
vishalamlani
GreenMonsterah Perfectly normal to take some profits😂😂👏
Click bate 🦈
This is a so-called health crisis!!! Child hunger daily death rate anyone? isn't that a crisis... this shouldn't be a means of profiteering, immoral. This should be regulated, public interest at play and everyday freedoms being restricted. Disgusting practice F*uck You Pfizer!
That’s when I’d do it too.
Welp - money - money - money. I can’t blame him , very smart move. Stock is high 1st day of good news-therefore perfect timing to cash out. Pfizer
Iam in a study with the Pfizer COVID-19 vaccine and its working great for me.
Mikes_Charts おいおい？
🤔
May be he wants to cash out his shares b4 they find out the Vaccine potency for Covid is not viable.
GerritRentier Handel met voorkennis?
Good confidence in the future
Such headlines 😑
RangaMberi Insider trading?
Interesting, “Bourla sold $5.6 million in stock on Monday as part of a predetermined trading plan adopted on August 19”. So this makes it ethical?
ScotlandRobbed Why
He was lucky.
It shown the vaccines aren't possible or effectual, wait to see! As long road ahead for such vaccines available to the masses!
A huge red flag here, he knows something, maybe it is that new coronavirus mutation was find in Denmark.
Sanmifagbola sakamohd
If he is so confident about the vaccine, he would have canceled his plan and would not have sold his shares...come on people, something is fishy here
He deserves more then that money if his vaccine is this good. Why is this an issue
Me too. 😂
One of the main reasons I don't know who to vote for.
what's your point about 'an action predetermined since 19 august' as you write?😕
Boludo le dicen
pixis91
He deserves more stock than that 🤷🏻♂️
Sale pre-determined...and announcement scheduled to coincide. Nice work around of the laws.
This misleading headlines is what makes people discredit you. The 2000's are over, get over with click baits and misinformation.
That's reassuring.
convenient
This is not the kind of news I want to hear. I don't want to imagine what would happen if this stock crashes in 48hours. Massive & collosal loses for investors
Click bait 🤦🏻♂️
Haha... opportunity availed to it's hilt!
Look at his face, who would believe him
hmmm
This is Trevor Milton’s behavior. I smell a rat.
Might it be that he anticipates mutant viruses could render the vaccine ineffective!
He took notes from $MRNA 🤣 $PFE
Probably waiting for the announcement because he was restricted previously
iamkoshiek 😐😐
A Terribly misleading headline... As if he was knowingly dumping stock into the vaccine news.. which the article clearly states he wasnt.. The trade was 'pre-determind' .. this epitomizes what it wrong with the media
RobForbesDJ mhhh....
Yes... Key Reason PFIZER is...
Not the kind of news investors wants to hear! Pfizer Pfizervaccine BioNTech
😂
👎
... RangaMberi dzakaipa idzi
These are the kinds of actions that progressives use as ammunition against big business.
Unethical?
'Bourla sold $5.6 million in stock on Monday as part of a predetermined trading plan adopted on August 19.' Your headline implies something nefarious, which it definitely wasn't.
Ok.. so what.
this is terrible news
Why not, once it’s legal?
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