EA exec sells all his stock - MCV

EA exec sells all his stock

EA Sports EVP Andrew Wilson scores big by cashing in
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Executive vice president of EA Sports Andrew Wilson has sold all 32,000 of his shares in the publisher.

The sale was timed as EA's stock price reached a five-year high on Wednesday, rocketing to $21.68 at peak.

Earlier in the week shares sold for under $18 but by the time trading closed on Friday the values had climbed to $22.48 a share.

As reported by Gamespot, a document from the Securities and Exchanges Commission shows sold his stock for $21.42 a share: a value of over $687,000.

Wilson is now the only EA executive to have no shares in the company, and EA has not provided a reason the vice president of its profitable sports division would sell.

There are certainly other possible reason for Wilson to make such a move, but removing his stake in the company has raised questions about his intent to remain at EA.

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