Framework Journal · one stock, one dated entry

Recorded 2026-05-15 · Permanent

Pfizer logoPfizer PFE

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

The label
Markdown

read at $26.04

Pfizer holds its Markdown at $26.04.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markdown label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate

The investor read · the season, not the day

As held on the ledger · 2026-05-15
PhaseMarkdown · caution
Quantitative stateConsolidating, no directional conviction, held for 3 days
Price$26.04
Valuation19.33 trailing · 8.91 forward price to earnings
Values screenPASS · score 84.1
Beta0.31

The trader read · the latest dated commentary

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials (84). The risk-adjusted return profile shows modest positive risk-adjusted returns. Entered 2026-07-03 · Markdown

The dated journal · newest first, never edited

2026-07-03 Markdown $26.04 +0.0% Entry 2

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials (84). The risk-adjusted return profile shows modest positive risk-adjusted returns.

2026-07-02 Markdown $26.04 Entry 1

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with strong ethical credentials (84). The risk-adjusted return profile shows modest positive risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The insider ledger · Form 4 filings, as filed

Most recent filings · PFE
DateInsiderTitleTypeSharesValue
2026-03-03 DAMICO JENNIFER B. Officer 21,719 ·
2026-02-25 SAHNI PAYAL Officer 56,888 $1,923,952
2026-02-25 MCDERMOTT MICHAEL Officer 37,925 $1,282,624
2026-02-25 DAMICO JENNIFER B. Officer 17,558 $593,812
2026-02-25 BOURLA ALBERT Chief Executive Officer 491,626 $16,626,791
2026-02-25 FONSECA LIDIA PH.D. Officer 56,888 $1,923,952
2026-02-25 LANKLER DOUGLAS M Officer 122,907 $4,156,715
2026-02-25 BOSHOFF CHRISTOFFEL Officer 13,383 ·
2025-03-04 DAMICO JENNIFER B. Officer 2,500 $64,825
2025-03-04 DAMICO JENNIFER B. Officer 5,583 ·

Public filings, recorded as found. The full tape lives at Insider Intelligence.

The political ledger · congressional disclosures

Disclosures naming PFE
DatePoliticianPartyTypeAmount
2026-04-13 Ro Khanna Democrat Purchase 1K–15K
15 May2026 Ro Khanna Democrat buy 1K–15K

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $25.81 -0.6% · $994 -0.6%
2 months $26.48 -3.1% $0.43 $985 -1.5%
3 months $26.42 -2.9% $0.43 $987 -1.3%
6 months $24.96 +2.8% $0.86 $1,062 +6.2%
1 year $22.71 +13.0% $1.72 $1,206 +20.6%
2 years $24.59 +4.4% $3.42 $1,183 +18.3%
3 years $32.33 -20.6% $5.08 $951 -4.9%
5 years $31.07 -17.4% $8.28 $1,092 +9.2%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever PFE does next, these words stay.

Pfizer · PFE · Markdown · $26.04
Recorded 2026-05-15 · before the outcome · scored mechanically

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