How much Moderna stock Stephane Bancel owns and why he just sold $1.8 million of it
On Feb. 11, Moderna CEO Stephane Bancel sold 10,000 shares of company stock, valued at $1.8 million in total. By the following day, Bancel’s Twitter account, had disappeared without warning.
Observers on Twitter found the relationship between these moves suspicious. In reality, the sale was part of Bancel’s previously-made plans to sell stock over time. Bancel last modified these stock-sale plans in May 2021. The sale is a tiny part of his holdings. At this rate it would take Bancel 16 years to sell all of his shares.
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