Summary by Futu AI
On February 27, 2024, Pfizer Inc. (PFE) reported that Executive Vice President Alexandre de Germay was granted 74,377 shares of common stock. The transaction, which was completed on the same day, was a grant and not a purchase, indicating the shares were awarded at no cost to de Germay. Following this transaction, de Germay's direct holdings in Pfizer common stock amounted to a total of 74,377 shares. The grant is part of the company's compensation structure for its executives and is a common practice in the industry to incentivize management performance.