Pfizer director granted 7,686 phantom stock units
Buckley Mortimer J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Buckley Mortimer J reported acquisition or exercise transactions in this Form 4 filing.
Pfizer Inc. director Mortimer J. Buckley received a grant of phantom stock units as part of his deferred compensation. On this Form 4, he was awarded 7,686.539 phantom stock units tied to Pfizer common stock, bringing his total phantom units to 24,391.124 held directly.
Each unit represents one phantom share of common stock and was granted under the Pfizer Inc. Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors. These units reflect deferred director compensation and will be settled in cash or Pfizer common stock, at the director’s election, after he retires from the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 7,686.539 | $26.67 | $205K |
Footnotes (3)
- F1. Each unit represents one phantom share of common stock.
- F2. Granted pursuant to the Pfizer Inc. Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
- F3. These units represent deferred director's compensation that are settled in cash or common stock at the director's election, following the reporting person's retirement from the Board of Directors.
Key Figures
Key Terms
Phantom Stock Units financial
Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
deferred director's compensation financial
FAQ
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What did Pfizer (PFE) director Mortimer J. Buckley report on this Form 4?
What are the phantom stock units awarded to the Pfizer (PFE) director?
Under which plan were the Pfizer (PFE) phantom stock units granted?
When will the Pfizer (PFE) director receive value from these phantom stock units?
Does this Pfizer (PFE) Form 4 show an open-market stock purchase or sale?
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