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by MAGZine 2052 days ago
The sale date is predetermined but press release dates are not.
4 comments

This can easily be a monthly plan that runs several years. In that case doesn't make a big difference in his long term income.
Article says plan was created in August. Also I wonder according to the rules, with predetermined date, do you need to sell right at the opening or can choose time within day? Because it says "same day" but it's not clear was it before or after announcement.
I’m imagining now a Senate hearing where republican members admonish Pfizer for not announcing this information before the election to help their candidates, only for the CEO to drop the ultimate defense of “I timed it to make more money”
Not true - the sale can be triggered by a predetermined price as well.
Exactly