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PFE · Current Report (Form 8-K) · Filed November 21, 2025

Pfizer Inc — Current Report (Form 8-K)

Form
8-K
Filed
November 21, 2025
Period
Nov 18, 2025
Ticker
PFE
Accession
0001193125-25-291406
Boardroom Alpha · Filing insights

Pfizer completed a multi-tranche note offering under its shelf registration, including floating-rate and fixed-rate notes due 2027, 2030, 2032, 2035, 2055, and 2065; underwriters led by Citi, Deutsche Bank, J.P. Morgan, and Mizuho.

About Pfizer Inc
Market cap
$145.6B
1Y TSR
+15.4%
3Y TSR
−6.7%
Board grade
C-
Sector
Healthcare
CEO
Albert Bourla
Last annual meeting: Apr 23, 2026 · View full Pfizer Inc profile →
8-K
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): November 18, 2025

 

 

PFIZER INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-3619   13-5315170
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

66 Hudson Boulevard East  
New York, New York   10001-2192
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code:

(212) 733-2323

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, $0.05 par value   PFE   New York Stock Exchange
1.000% Notes due 2027   PFE/27   New York Stock Exchange
2.875% Notes due 2029   PFE/29   New York Stock Exchange
3.250% Notes due 2032   PFE/32   New York Stock Exchange
3.875% Notes due 2037   PFE/37A   New York Stock Exchange
4.250% Notes due 2045   PFE/45   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 
 


Item 8.01

Other Events.

On November 21, 2025, Pfizer Inc. (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of Floating Rate Notes due 2027 (the “Floating Rate Notes”), $1,000,000,000 aggregate principal amount of 3.875% Notes due 2027 (the “2027 Notes”), $1,000,000,000 aggregate principal amount of 4.200% Notes due 2030 (the “2030 Notes”), $1,250,000,000 aggregate principal amount of 4.500% Notes due 2032 (the “2032 Notes”), $1,250,000,000 aggregate principal amount of 4.875% Notes due 2035 (the “2035 Notes”), $500,000,000 aggregate principal amount of 5.600% Notes due 2055 (the “2055 Notes”) and $500,000,000 aggregate principal amount of 5.700% Notes due 2065 (the “2065 Notes” and, together with the Floating Rate Notes, the 2027 Notes, the 2030 Notes, the 2032 Notes, the 2035 Notes and the 2055 Notes, the “Notes”).

The offering of the Notes was made pursuant to the shelf registration statement on Form S-3 (Registration No. 333-277323) of the Company, Pfizer Investment Enterprises Pte. Ltd. and Pfizer Netherlands International Finance B.V., originally filed with the Securities and Exchange Commission (the “Commission”) on February 23, 2024, as amended by the Post-Effective Amendment No. 1 thereto, filed with the Commission on May 13, 2025.

The Notes were issued pursuant to an indenture (the “Base Indenture”), dated as of September 7, 2018, between the Company and The Bank of New York Mellon, as trustee (the “Trustee”), as supplemented by the sixth supplemental indenture (the “Sixth Supplemental Indenture” and, the Base Indenture as supplemented by the Sixth Supplemental Indenture, the “Indenture”), dated as of November 21, 2025, between the Company and the Trustee.

The Sixth Supplemental Indenture is filed herewith as Exhibit 4.2 to this Current Report on Form 8-K and is incorporated herein by reference. Each of the form of Floating Rate Notes, the form of 2027 Notes, the form of 2030 Notes, the form of 2032 Notes, the form of 2035 Notes, the form of 2055 Notes and the form of 2065 Notes are filed herewith as Exhibit 4.3, Exhibit 4.4, Exhibit 4.5, Exhibit 4.6, Exhibit 4.7, Exhibit 4.8 and Exhibit 4.9 to this Current Report on Form 8-K, respectively, and are incorporated herein by reference.

In connection with the offering of the Notes, the Company entered into an underwriting agreement (the “Underwriting Agreement”) and related pricing agreement (the “Pricing Agreement”), each dated November 18, 2025, with Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Mizuho Securities USA LLC, as representatives of the several underwriters listed on Schedule I to the Pricing Agreement.

The Underwriting Agreement and the Pricing Agreement are filed herewith as Exhibit 1.1 and Exhibit 1.2 to this Current Report on Form 8-K, respectively, and are incorporated herein by reference.

In addition, in connection with the offering of the Notes, the Company is filing a legal opinion regarding the validity of the Notes, which is filed herewith as Exhibit 5.1 to this Current Report on Form 8-K.

 


Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit
No.

  

Exhibit Description

1.1    Underwriting Agreement, dated November 18, 2025.
1.2    Pricing Agreement, dated November 18, 2025.
4.1    Indenture, dated as of September 7, 2018 (incorporated by reference from the Company’s Current Report on Form 8-K filed on September 7, 2018).
4.2    Sixth Supplemental Indenture, dated as of November 21, 2025, between Pfizer Inc. and The Bank of New York Mellon, as trustee.
4.3    Form of Floating Rate Notes due 2027 (included in Exhibit 4.2).
4.4    Form of 3.875% Notes due 2027 (included in Exhibit 4.2).
4.5    Form of 4.200% Notes due 2030 (included in Exhibit 4.2).
4.6    Form of 4.500% Notes due 2032 (included in Exhibit 4.2).
4.7    Form of 4.875% Notes due 2035 (included in Exhibit 4.2).
4.8    Form of 5.600% Notes due 2055 (included in Exhibit 4.2).
4.9    Form of 5.700% Notes due 2065 (included in Exhibit 4.2).
5.1    Opinion of Margaret M. Madden, Senior Vice President and Corporate Secretary, Chief Governance Counsel of the Company.
23.1    Consent of Margaret M. Madden, Senior Vice President and Corporate Secretary, Chief Governance Counsel of the Company (included in Exhibit 5.1).
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

    PFIZER INC.

 

    By:  

/s/ Margaret M. Madden

 

   

 

  Margaret M. Madden

 

   

 

  Senior Vice President and Corporate Secretary,

 

   

 

  Chief Governance Counsel
Dated: November 21, 2025      
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Frequently asked questions

When did Pfizer Inc file this 8-K?
Pfizer Inc (PFE) filed this Current Report (Form 8-K) with the SEC on November 21, 2025. The accession number assigned by EDGAR is 0001193125-25-291406.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Pfizer completed a multi-tranche note offering under its shelf registration, including floating-rate and fixed-rate notes due 2027, 2030, 2032, 2035, 2055, and 2065; underwriters led by Citi, Deutsche Bank, J.P. Morgan, and Mizuho. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Pfizer Inc's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Pfizer Inc has filed under CIK 78003, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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