Pfizer (PFE) director Suzanne Nora Johnson receives 7,686 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NORA JOHNSON SUZANNE M reported acquisition or exercise transactions in this Form 4 filing.
Pfizer Inc. director Suzanne M. Nora Johnson received a grant of 7,686.539 Phantom Stock Units on April 23, 2026. Each unit represents one phantom share of Pfizer common stock and was granted at a reference price of $26.67 per unit as deferred director compensation. Following this award, her balance in these units increased to 116,982.649. The units will be settled in cash or common stock, at her election, after she retires from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NORA JOHNSON SUZANNE M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 7,686.539 | $26.67 | $205K |
Holdings After Transaction:
Phantom Stock Units — 116,982.649 shares (Direct, null)
Footnotes (1)
- Each unit represents one phantom share of common stock. Granted pursuant to the Pfizer Inc. Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors. 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
Phantom Stock Units granted: 7,686.539 units
Reference price per unit: $26.67 per unit
Phantom Stock Units after grant: 116,982.649 units
+3 more
6 metrics
Phantom Stock Units granted
7,686.539 units
Grant on April 23, 2026 as deferred director compensation
Reference price per unit
$26.67 per unit
Grant price for Phantom Stock Units
Phantom Stock Units after grant
116,982.649 units
Total Phantom Stock Units following the reported transaction
Conversion price
$0.00
Conversion or exercise price for Phantom Stock Units
Underlying security shares
7,686.539 shares
Underlying Pfizer common stock equivalent for granted units
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Phantom Stock Units, Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors, deferred director's compensation
3 terms
Phantom Stock Units financial
"Each unit represents one phantom share of common stock."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
"Granted pursuant to the Pfizer Inc. Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors."
deferred director's compensation financial
"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."
FAQ
What did Pfizer (PFE) director Suzanne M. Nora Johnson report in this Form 4?
Suzanne M. Nora Johnson reported receiving 7,686.539 Phantom Stock Units as director compensation. Each unit tracks one share of Pfizer common stock and will be settled in cash or stock at her election after she retires from the Board.
Is the Pfizer (PFE) Form 4 a stock purchase or sale by the director?
The Form 4 reflects a grant of Phantom Stock Units, not an open-market stock purchase or sale. It is a compensation-related award classified as an acquisition under a director deferred compensation and unit award plan.
How many Phantom Stock Units does the Pfizer (PFE) director hold after this grant?
After the reported grant, Suzanne M. Nora Johnson holds 116,982.649 Phantom Stock Units. These units mirror Pfizer common stock value and will be settled in cash or shares when she leaves the Board, depending on her election.
What is the value reference for the Pfizer (PFE) Phantom Stock Unit grant?
The grant was based on a reference price of $26.67 per Phantom Stock Unit. This price is used to determine the number of units awarded as deferred compensation, rather than representing a cash transaction in the market.
What plan governs the Phantom Stock Units granted to the Pfizer (PFE) director?
The Phantom Stock Units were granted under the Pfizer Inc. Nonfunded Deferred Compensation and Unit Award Plan for Non-Employee Directors. This plan provides deferred compensation that tracks Pfizer’s stock and is settled after Board service ends.
When will the Pfizer (PFE) Phantom Stock Units reported in this Form 4 be settled?
These Phantom Stock Units will be settled after the director retires from Pfizer’s Board. At that time, Suzanne M. Nora Johnson may elect to receive settlement either in cash or in Pfizer common stock, consistent with the plan’s terms.