Pfizer (PFE) SVP Jennifer Damico granted stock awards and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pfizer Inc. senior vice president and controller Jennifer B. Damico reported equity compensation activity and related tax withholding. On March 3, she received grants of Pfizer common stock totaling 21,719 shares in the form of restricted stock units, which are subject to vesting requirements, and 22,638 stock appreciation rights that will be settled in common shares on the fifth anniversary of the grant date.
On March 4, 826 shares of common stock were withheld to cover tax obligations when restricted stock units (and related dividend equivalents) vested. After these transactions, she directly held 32,934 Pfizer common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
DAMICO JENNIFER B.
Role
SVP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 826 | $26.62 | $22K |
| Grant/Award | Stock Appreciation Rights | 22,638 | $0.00 | -- |
| Grant/Award | Common Stock | 16,311 | $0.00 | -- |
| Grant/Award | Common Stock | 5,408 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,934 shares (Direct);
Stock Appreciation Rights — 22,638 shares (Direct)
Footnotes (1)
- The reported transaction constitutes the grant of restricted stock units, which are subject to certain vesting requirements. The reported transaction constitutes the withholding of shares to satisfy tax obligations upon the vesting of restricted stock units (including dividend equivalents thereon). The stock appreciation rights, which are subject to certain vesting requirements, will be settled in shares of Pfizer common stock on the fifth anniversary of the date of grant.
FAQ
What insider transactions did Pfizer (PFE) report for Jennifer B. Damico?
Pfizer reported that Jennifer B. Damico received grants of restricted stock units and stock appreciation rights, and had shares withheld to satisfy tax obligations upon vesting. These transactions reflect routine equity compensation activity for a senior executive.
What stock appreciation rights did Jennifer B. Damico receive from Pfizer (PFE)?
She received 22,638 stock appreciation rights on March 3, which will be settled in Pfizer common stock on the fifth anniversary of the grant date. These rights are also subject to vesting conditions before settlement in shares.
Are Jennifer B. Damico’s Pfizer (PFE) equity awards immediately vested?
No. The filing notes that both the restricted stock units and the stock appreciation rights granted to Jennifer B. Damico are subject to vesting requirements. She will earn full ownership of these awards only as those conditions are satisfied.