Washington (AFP): Pfizer CEO Albert Bourla sold US$5.6mil of his stock in the US pharmaceutical company on the same day it announced promising results for its Covid-19 vaccine candidate, filings showed Wednesday (Nov 11).
The company, however, has reportedly said the sale was part of a pre-arranged periodic divestment plan when the stock reaches a certain price.
According to a disclosure with US market regulator SEC, Bourla sold 132,508 shares at $41.94 each on Monday.
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