EA Sports Executive Vice President Andrew Wilson, and Senior Vice President Stephen Bene, have collectively sold 57,085 stocks in the publisher’s subsidiary brand. This comes just after parent company Electronic Art’s stock value increased after the publisher announced an exclusive Star Wars deal with Disney. According to the SEC (Securities and Exchange Commission) forms filed yesterday, Andrew Wilson has sold 32,085 shares at $21.42 each, totalling $687,260.70. This was his entire stake in the company.
Stephen Bene, exercising an option to purchase stock at below market value, has sold an even 25,000 shares – initially bought at $16.06 per share earlier the same day – for $22.40 each, making a profit of $158,000. According to SEC documents Bene still owns 6,700 shares of EA.
(via Joystiq)