Skip to content

Thursday, Feb. 17, 2022

Did Moderna’s CEO abruptly sell $400 million of company stock and delete his Twitter account?

Christiana Dillard, Lead Stories

no

Moderna CEO Stéphane Bancel did recently sell some of his company stock, but not $400 million worth.

The 19,000 shares he sold on Feb. 9 and 10, 2022, were valued between $154.26 and $158.05 each. The 4,000 other shares listed were a "bona fide charitable gift." According to the information on the form, the 19,000 shares Bancel sold are valued at about $2.97 million. 

Bancel has sold predetermined shares of Moderna since at least 2018 through a trading plan that utilizes scheduled sales.

He did delete his Twitter account, but it hadn't been active since 2019.

This fact brief is responsive to conversations such as this one.

Sources

About fact briefs

Fact briefs are bite-sized, well-sourced explanations that offer clear "yes" or "no" answers to questions, confusions, and unsupported claims circulating online. They rely on publicly available data and documents, often from the original source. Fact briefs are written and published by Gigafact contributor publications.

See all fact briefs

Lead Stories is a fact checking and debunking website at the intersection of big data and journalism that launched in 2015. It scouts for trending stories, images, videos and posts that contain false information in order to fact check them as quickly as possible. It actively monitors the fake-news ecosystem and doesn’t wait for reader tips or reports before getting started on a story.

Learn More

Be a Friend of facts

Help us fund more great fact briefs like this one.