Modern, the obsession of top managers? Selling the securities in the portfolio

by time news

Whenever the sun comes up, Stephane Bancel, the chief executive officer and first shareholder of Modern, he has two concerns. Update the “abacus” of production e delivery of the doses of Covid vaccine of his company, but above all decide how many shares in your group to sell. The second occupation is definitely the most prolific for him. The last operation in which Bancel released on the Modern stock market on March 5th. That day has sold in more tranche a package of 11 thousand titles for a fee of 1.4 million dollars. L’one-day cashout.

Two days earlier he has doubled the dose: 19 thousand titles yet worth $ 130 per share. Result 2.47 million dollars of income in his personal wallet. It’s still he made more money without a shot being fired in February. Only in two days, with the title that was worth 180 dollarsi, ha placed 21 thousand pieces, total of‘grossed $ 3.8 million. After all, his fixed emolument from Ceo di Moderna as big as it is, it’s a no brainer compared to the earnings Bancel makes by selling the shares of his company.

But Bancel is certainly not the only one. All frontline managers are busy, as well as sending the Covid vaccine around the world, getting rid of their actions. It does this with enormous profit on head of Moderna’s medical area, Zaks Tal Zvi.

Only on the day ofMarch 8 he has sold shares for $ 2.1 million. Not least was the councilor Lori Henderson. In the first week of March it was released of securities for a value of 2.7 million dollars.

The biggest hit, however, was scored by the manager Afeyan Noubar that in 2 days, on horseback the 22 and 24 February sold the beauty of 6.5 million shares for the astonishing collection of $ 980 million in just 72 hours. A true record holder.

(Continued: Moderna’s accounts, the march of the stock and the shares still held by the first line of managers)

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