Riccitiello spends $1 million on EA shares
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EA CEO John Riccitiello has disclosed that he spent $967,000 on EA stock this week. The 20,000 shares were bought at a per-share average of $48.37.
According to filings, he now owns 47,294 shares and approximately 75,000 exercisable options.
"John believes that senior executives should be invested in the company," a company spokesman said here.