Moderna Stock Executives Sell

Three other top executives exercised stock options to acquire shares and immediately sold the shares on may 18 the day of the vaccine announcement and the two following days.

Moderna stock executives sell. Nasdaq mrna ceo stephane bancel sold 9 000 shares of the business s stock in a transaction dated wednesday november 25th. Moderna ceo stephane bancel made news this morning by. As ordinary investors piled in two insiders. Within two days the company s ceo cfo and chief medical officer and general counsel sold more.

But moderna executives have already sold tens of millions of dollars worth of stock in the company. Moderna is currently developing a promising yet still unproven vaccine against the coronavirus. During august and so far in september well over half of the company s insider sale transactions were made. Bancel and other moderna executives have been steadily selling off their stakes throughout the pandemic mostly through 10b5 1 trading plans.

You can sit on it jim cramer said on squawk on the street ceo stephane bancel s sales of stock this year and a secondary offering by the company in. Moderna ceo stephane bancel is doing the most selling of all of the company s executives. The stock was sold at an average price of 99 20 for a total transaction of 892 800 00. Following the completion of the transaction the chief executive officer now owns 6 564 868 shares of the company s stock valued.

From selling by insiders and selling by the company. Sure the timing of the moderna executives stock sales seems like the company s leaders were attempting to profit off of good news in anticipation that the stock could soon go. Moderna s stock price skyrocketed as much as 30 on monday after the biotech company announced promising early results for its coronavirus vaccine. These plans let insiders sell shares at set times and.

More to the story. Moderna and its stock is readily.