Pfizer (PFE) CEO Bourla awarded 22 cash-settled phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOURLA ALBERT reported acquisition or exercise transactions in this Form 4 filing.
Pfizer Inc. Chairman & CEO Albert Bourla received a grant of 22 Phantom Stock Units linked to Pfizer common stock on April 30, 2026. Each unit represents one phantom share of common stock and is part of a deferred compensation arrangement, not an open-market stock purchase.
The units were awarded under the Pfizer Inc. Nonfunded Deferred Compensation and Supplemental Savings Plan and will be settled in cash after his separation from service. Following this grant, Bourla holds a total of 760,229 Phantom Stock Units directly under this plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOURLA ALBERT
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units SSP | 22 | $26.70 | $587.40 |
Holdings After Transaction:
Phantom Stock Units SSP — 760,229 shares (Direct, null)
Footnotes (1)
- Each unit represents one phantom share of common stock. These units, which were acquired pursuant to the Pfizer Inc. Nonfunded Deferred Compensation and Supplemental Savings Plan, are settled in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment account at any time.
Key Figures
Phantom Stock Units granted: 22 units
Grant reference price: $26.70 per unit
Total phantom units after grant: 760,229 units
+2 more
5 metrics
Phantom Stock Units granted
22 units
Grant on April 30, 2026 as compensation award
Grant reference price
$26.70 per unit
Price per unit used for the April 30, 2026 award
Total phantom units after grant
760,229 units
Albert Bourla’s holdings in Phantom Stock Units following the transaction
Underlying security shares
22 shares
Each Phantom Stock Unit corresponds to one share of Pfizer common stock in value
Conversion or exercise price
$0.00
Phantom Stock Units have no exercise price and are cash-settled
Key Terms
Phantom Stock Units, Nonfunded Deferred Compensation and Supplemental Savings Plan, settled in cash, grant/award acquisition
4 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 Supplemental Savings Plan financial
"These units, which were acquired pursuant to the Pfizer Inc. Nonfunded Deferred Compensation and Supplemental Savings Plan, are settled in cash"
settled in cash financial
"are settled in cash following the reporting person's separation from service"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
FAQ
What did Pfizer (PFE) CEO Albert Bourla report in this Form 4 filing?
Albert Bourla reported receiving 22 Phantom Stock Units tied to Pfizer common stock. These units are a deferred compensation award, not a market stock purchase, and increase his total phantom unit holdings under the plan to 760,229 units following the transaction.
How and when are Albert Bourla’s Pfizer Phantom Stock Units settled?
The Phantom Stock Units are settled in cash after Albert Bourla’s separation from service. Under Pfizer’s Nonfunded Deferred Compensation and Supplemental Savings Plan, these units mirror Pfizer’s stock value and may be transferred into an alternative investment account by him at any time.
Does this Pfizer (PFE) Form 4 show any stock being bought or sold on the market?
No, the filing shows a grant of Phantom Stock Units as compensation, not market trades. The transaction is coded as an acquisition (grant or award) and involves cash-settled phantom units under a deferred compensation plan rather than open-market buying or selling of Pfizer shares.