Pfizer director granted 7,686 phantom stock units
Quincey James reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Quincey James reported acquisition or exercise transactions in this Form 4 filing.
PFIZER INC director James Quincey reported a compensation grant of phantom stock units tied to Pfizer common stock. He received 7,686.539 phantom stock units on the reported date at a reference value of $26.67 per unit.
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 common stock, at Quincey’s election, after he retires from the Board. Following this award, his balance under this plan increased to 85,004.077 phantom stock units.
Positive
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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 insider transaction did Pfizer (PFE) disclose for director James Quincey?
How many phantom stock units did James Quincey receive and now hold at Pfizer (PFE)?
What are phantom stock units in the context of Pfizer (PFE)?
Under which Pfizer (PFE) plan were James Quincey’s phantom stock units granted?
How and when will James Quincey’s Pfizer (PFE) phantom stock units be settled?
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