EA's Peter Moore grabs $3,453,140 in post-financials stock dump
Peter Moore and Patrick Soderlund are among the top executives at EA who have sold their stake at the firm, according to Securities & Exchange forms filed during the past week following the earnings call of Q4 FY2014.
Patrick Soderlund, executive vice-president of EA Games and Stephen Bene, EA general counsel, have both sold their entire share of stocks in the firm. An amount of 36,133 shares and 7,771 shares respectively. The proceeds acquired by Soderlund as a result of the sale were valued at $1,247,936, while Bene made out with $259,555.
EA's COO Peter Moore was also among those who sold their shares, selling about half of his shares which amounted to $3,453,140.
This happened in the same week during which EA announced the slump of both quarterly revenue and the net FY revenue YOY.