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

[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).

[lilbaine]

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.