Michael McDermott - Feb 27, 2025 Form 4 Insider Report for PFIZER INC (PFE)

Role
Executive Vice President
Signature
/s/ Shanice A. Reid, by power of atty, for Michael McDermott
Stock symbol
PFE
Transactions as of
Feb 27, 2025
Transactions value $
$305,337
Form type
4
Date filed
3/3/2025, 05:37 PM
Previous filing
Feb 28, 2025
Next filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFE Common Stock Options Exercise $1.52M +48.4K +65.44% $31.31 122K Feb 27, 2025 Direct F1
transaction PFE Common Stock Tax liability -$28.9K -1.11K -0.91% $26.10 121K Feb 27, 2025 Direct F2
transaction PFE Common Stock Tax liability -$1.18M -45.3K -37.38% $26.06 76K Feb 27, 2025 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PFE Stock Appreciation Rights Options Exercise $0 -48.4K -100% $0.00 0 Feb 27, 2025 Common Stock 48.4K $31.31 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction constitutes the earn-out of stock appreciation rights (including dividend equivalents thereon).
F2 The reported transaction constitutes the withholding of shares to satisfy tax obligations in connection with earn-out of stock appreciation rights.
F3 The reported transaction constitutes the withholding of shares to cover payment of exercise price in connection with earn-out of stock appreciation rights (including dividend equivalents thereon).
F4 Under the terms of the settlement of the stock appreciation rights the 20-day average of the closing prices of Pfizer common stock ending on the settlement date is used.