Under the leadership of new chief executive officer Andrew Wilson, Electronic Arts is on a surge. This includes the company’s share price, which is at its highest point since 2008. That has a trio of the publisher’s top executives selling huge amounts of their vested shares to reap some of the reward.
On Friday, EA filed notices with the Securities and Exchange Commission to inform the organization that executive vice president Patrick Soderlund, general counsel Stephen Bene, and chief operating officer Peter Moore were selling off significant amounts of stock. Soderlund sold 36,133 shares for $1.2 million, Bene sold 7,771 for $259,555, and Moore cashed out 100,000 shares for $3.4 million. Soderlund and Bene both exhausted their stock, but Moore is still holding on to 108,681 shares.
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