BioNTech COO entity sells 50,000 shares
BioNTech SE Chief Operating Officer Sierk Poetting reported an indirect open-market sale of 50,000 Ordinary Shares.
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Rhea-AI Filing Summary
BioNTech SE Chief Operating Officer Sierk Poetting reported an indirect open-market sale of 50,000 Ordinary Shares. The shares were sold at an average price of $110.5592 per share and are held through Tofino GmbH, a company of which Poetting is the sole shareholder.
After this transaction, indirect holdings reported for Poetting through Tofino GmbH total 399,387 Ordinary Shares. This filing reflects a net sale, with no option exercises or derivative transactions disclosed in this report.
Insights
COO’s entity sells 50,000 BioNTech shares, retaining a large remaining stake.
The filing shows Tofino GmbH, wholly owned by BioNTech’s COO Sierk Poetting, executed an open-market sale of 50,000 Ordinary Shares at $110.5592 per share. This is a straightforward sale, with no associated option exercises or tax-withholding events.
Post-transaction, 399,387 Ordinary Shares remain indirectly held through Tofino GmbH, indicating the COO still has substantial exposure. With only one net-sell transaction and no broader pattern in this excerpt, the event appears as a notable but singular liquidity move rather than a structural change.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 50,000 | $110.5592 | $5.53M |
Footnotes (1)
- F1. The ordinary shares are held by Tofino GmbH. The Reporting Person is the sole shareholder of Tofino GmbH and may be deemed to beneficially own the ordinary shares held by Tofino GmbH.
Key Figures
Key Terms
open-market sale financial
indirect ownership financial
beneficially own financial
FAQ
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What insider transaction did BioNTech (BNTX) report for COO Sierk Poetting?
Does this BioNTech (BNTX) Form 4 include any option exercises or derivatives?
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