EA’s high executives promote enormous inventory quantities
Digital Arts govt vp Mr Patrick Soderlund and common counsel Stephen Bene offered all their firm shares, whereas chief working officer Peter Moore offered off almost half of his, based on the corporate’s SEC filings.
Soderlund cashed out 36,133 shares for greater than $1.2 million, whereas Bene offered 7,771 shares for greater than $259,555. Moore, who offered 100,000 shares for about $three.four million, nonetheless owns 108,691 shares within the firm.
We have reached out to Digital Arts and can replace accordingly.
Final yr, then govt vp Andrew Wilson and Bene offered a complete of 57,085 of their firm shares. Wilson was named CEO of EA later that yr.