OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» U.S. Economic Growth Falls Short as Supply Chain Disruptions Stunt Recovery
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 3:27 pm by PurpleSkyz

» Bezos offers NASA $2 billion for moon mission contract
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 3:25 pm by PurpleSkyz

» What are these bright objects in the sky
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 11:36 am by PurpleSkyz

» 'Water witches' pit science against folklore
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 11:31 am by PurpleSkyz

» Earth's inner core is growing 'lopsided'
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 11:30 am by PurpleSkyz

» 'Bigfoot' photographed in Bernard, Iowa
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 11:28 am by PurpleSkyz

» Biden’s Department of Justice Just Issued a Warning to States on Performing Election Audits
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 10:28 am by PurpleSkyz

» “Historic Victory”: Bayer to End US Residential Sales of Glyphosate-Based Herbicides
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 10:26 am by PurpleSkyz

» Dr Karen Lebacqz, Ph.D. On The Belmont Report – A Code Of BioMedical Ethics, Morals And Guidelines For The Protection Of Humans, Who Are Subjects Of BioMedical Research
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 10:23 am by PurpleSkyz

» Judge Offering Reduced Sentences for Criminals Who Get COVID Jab
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 8:45 am by PurpleSkyz

» CDC Admits: Vaccines are failing, the vaxxed can be super-spreaders
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 8:40 am by PurpleSkyz

» Oh Oh Censorship Isn't Working!!! Some are WAKING UP!!!
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyYesterday at 8:18 am by PurpleSkyz

» UFO NEWS ~ Multiple UFOs appear in Louisville Kentucky plus MORE
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 9:50 am by PurpleSkyz

» “45,000 Dead From Covid-19 Vaccines Within 3 Days”, Sparks Lawsuit Against Federal Government
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 9:36 am by PurpleSkyz

» Mysterious orbs and ray of light in the sky over Zhengzhou, China
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 9:05 am by PurpleSkyz

» FULL (OF IT) Benjamin bla bla blah Fulford - 7/26/2021 - How I Got Involved In The Secret War That Is Now Ending
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 9:01 am by PurpleSkyz

» VIRAL VIDEO Shows Split Screen of Hunter Biden Smoking a Crack Pipe and Joe Biden Bragging About Severe Punishment for Drug Crimes
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 8:54 am by PurpleSkyz

» More CDC Insanity: Fully Vaccinated Spreading Delta Variant – So Everyone Needs to Get Vaccinated and Wear Masks
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 8:50 am by PurpleSkyz

» CNN: Segregate Unvaccinated, Make Them Pay For Daily Tests
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 8:47 am by PurpleSkyz

» Doctors Raise Awareness on Ivermectin Treatment for COVID-19
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 8:45 am by PurpleSkyz

» Meteor wows Norway after blazing through night sky
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 8:43 am by PurpleSkyz

» Galileo Project Will Search for ‘Evidence of Extraterrestrial Technological Artifacts’
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement EmptyThu Jul 29, 2021 8:40 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » BREAKING NEWS & HOT TOPICS » COVID-19 » Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement

Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement


Posted on November 11, 2020

Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement Insider-trading
Zero Hedge – 11/11/2020
 
On Monday, Pfizer shares soared 16% following a bullish statement on the company’s experimental COVID-19 vaccine showed 90% effectiveness in preliminary results. Then on Tuesday, according to a Securities and Exchange Commission filing, Pfizer CEO Albert Bourla sold 62% of his stock.
The SEC Form 4 filing showed Bourla sold 132,508 shares at an average price of $41.94 per share, equivalent to $5.6 million – nearly top-ticking the 52-week-high.
Bourla’s sale was conducted under Rule 10b5-1, established by the SEC, allowing the corporate insider to sell a predetermined number of shares at a predetermined time. A Pfizer spokesperson told Axios that the CEO’s predetermined trading plan was formed in August.
Despite the sale being perfectly legal under Rule 10b5-1 to avoid accusations of insider trading, the optics aren’t great for Bourla, who still managed to top-tick the 52-week-high on the sale on news day. One can argue that he couldn’t have known the results of the vaccine trial months ahead of time. And while all this is coming out just days after a critical US election, though it’s not clear if that was a trigger.
Other pharmaceutical companies such as Moderna, also producing a COVID-19 vaccine, experienced similar insider selling over the summer around vaccine news – where insiders dumped tens of millions of dollars of stock.
Under the cover of Rule 10b5-1, corporate insiders at some pharmaceutical companies are already running for the exits by dumping their stock, of course, it’s easier to commit to pre-plan sales of stock when you know you can pump the price by simply publishing a press release.
[…]
Via https://alethonews.com/2020/11/11/pfizers-ceo-dumps-62-of-his-stock-on-covid-vaccine-announcement/

https://stuartbramhall.wordpress.com/2020/11/11/pfizers-ceo-dumps-62-of-his-stock-on-covid-vaccine-announcement/

Thanks to: https://stuartbramhall.wordpress.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum