February 22, 2025 · Form 4 insider transaction
BOURLA ALBERT sold 212,680 shares of Pfizer Inc. at $26.08 per share, a transaction worth $5.55M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 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.