[codetrotter]

But in that case, should Pfizer wait an additional x amount of days before they announce the vaccine just because the CEO had a sell order planned? That wouldn’t be great for the world either I think. Or how did you mean?

[devdas]

Execute the sale, then make the announcement.

[kgwgk]

Then if the trial was a flop he would be selling just in time to avoid the subsequent drop in price.