February 25, 2026 · Form 4 insider transaction
BOURLA ALBERT sold 467,241 shares of Pfizer Inc. at $26.92 per share, a transaction worth $12.58M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
The reported transaction constitutes the withholding of shares to cover payment of exercise price in connection with earn-out of stock appreciation rights (including dividend equivalents thereon).; Under the terms of the settlement of the stock appreciation rights the 20-day average of the closing prices of Pfizer common stock ending on the settlement date is used.