Case file · Mar 24, 2026
Sen. Alan Armstrong sold $PFE
What Happened Next
$PFE vs the S&P 500 from the trade date. A sale has an edge when the stock lags the market afterwards.
$PFE · 30 days
−1.1%
S&P 500, same days
+8.5% +9.5 pts edge
$PFE · 90 days
−5.4%
S&P 500, same days
+14.3% +19.7 pts edge
$PFE · 180 days
+6.4%
S&P 500, same days
+19.0% +12.6 pts edge
Return
−10%0+10%+20%+30%+40%
The Paper Trail
- $PFE moved −5.4% in the 90 days after the sale, vs +14.3% for the S&P 500 — a 19.7-point edge
- Sits on the Senate Committee on Health, Education, Labor, and Pensions committee, which oversees the health care sector
- Disclosed 119 days after the sale — 74 days past the 45-day STOCK Act deadline
- Trade date
- Mar 24, 2026
- Disclosed
- Jul 22, 2026 (119 days)
- Shuffle Score
- 19/100
- Filing
- Not linked
Returns use split- and dividend-adjusted closes. Disclosures report ranges, not exact amounts. A well-timed trade is not evidence of wrongdoing. Methodology · Disclaimer