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Originally Posted by Locke
Well. Okay. But in this instance these options vested and were disbursed on set dates. They're a Long-Term Incentive Plan.
Its actually really standard.
If anyone genuinely has some issues maybe ask why Moderna didnt get their announcement out about a supposedly superior vaccine first? They dont have a vested interest in the Pfizer stock.
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I think we might be crossing paths here. You are talking about options and their vesting etc. I'm not talking about how the CEO came into possession of these shares, whether it be through stock options, stock grants or regular trading. Doesn't really matter to me.
The issue is the filing of a plan on August 19 to dispose of said shares, a majority amount of his stock ownership, the day before they announced the early results of their trial with a disposal date expected to be around when the near final results of the trial would be announced.
IMO the fact that anyone believes the existence of this stock sale plan eliminates the possibility of manipulation shows just how ineffective they are and why they continue to come under scrutiny.
That's not the same as believing there is some fraud here.