February 23, 2024 · Form 4 insider transaction
JOHNSON RADY A sold 23,788 shares of Pfizer Inc. at $27.37 per share, a transaction worth $651.1K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 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.