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Director at Pfizer (NYSE: PFE) receives phantom stock unit grant
Pfizer director Cyrus Taraporevala was granted 1,386.834 phantom stock units, valued at $27.04 per unit, bringing his total holdings to 27,139.547 units. These units are part of deferred director compensation, including dividend equivalents, and will be settled in cash or common stock upon his retirement from the Board. This transaction is classified as a compensation and deferral event rather than an open-market trade.