An effective vaccine? Pfizer’s CEO sold most of his shares...

Albert Burla ( photo: Dimitris Bowers, unsplash)

Does Pfizer CEO Albert Burla believe a vaccine against the corona virus his company has developed is effective?

Borella sold 132,508 of its shares in the company at an average price of $ 41.94 per share, or in short: earned $ 5.6 million from the deal. The figures were presented at the U.S. Securities and Exchange Commission.

The sale of Burla’s shares was done legally under a regulation that allows people at Pfizer to sell their shares under domestic trade laws. In addition, according to the report, the sale of the shares was part of a plan already prepared in mid-August this year that allowed the major shareholders in the company to trade the shares in a fixed number and on an agreed date and that it should be at a certain price.

As you may recall, Pfizer announced two days ago that it had apparently developed an effective vaccine against the corona virus – something that has boosted the company’s shares along with all the global stock exchanges. Following the sale of the shares, Borella continues to hold approximately 81,182 of the company’s shares.

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