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EA bigwigs sell off their company stock while it's hot

EA bigwigs sell off their company stock while it's hot

May 12, 2014 | By Alex Wawro




Newsbrief: Electronic Arts executives Patrick Soderlund, Peter Moore and Stephen Bene sold off large quantities of their company stock last week, right as the company's stock value hit what GameSpot reported was a six-year high in the wake of a positive quarterly financial report.

According to SEC filings published by EA, executive vice president of EA Studios Patrick Soderlund sold his entire stake in the company, 36,133 shares, for over $1.2 million.

EA senior vice president and general counsel Stephen Bene also sold off his EA stock, all 7,771 shares of it, for just under $260,000.

Peter Moore, who currently serves as the company's chief operating officer, sold 100,000 shares for roughly $3.4 million. According to his SEC filing, Moore still holds at least 108,691 shares of EA stock.


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