Moderna President Stephen Hoge sold 160,009 shares of common stock for approximately $7.8 million, following the stock’s 108% surge over six months. Hoge also exercised options to acquire the same number of shares for $3.06 million, as part of a pre-arranged trading plan. Despite the sale, Hoge retains a significant stake in the company, which InvestingPro assesses as overvalued relative to its Fair Value.
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Moderna president Hoge sells $7.8m in MRNA stock By Investing.com
Moderna President Stephen Hoge sold 160,009 shares of common stock for approximately $7.8 million, following the stock’s 108% surge over six months. Hoge also exercised options to acquire the same number of shares for $3.06 million, as part of a pre-arranged trading plan. Despite the sale, Hoge retains a significant stake in the company, which InvestingPro assesses as overvalued relative to its Fair Value.