Riccitiello spends $1 million on EA shares

By Patrick Garratt
22 May 2008 06:28 GMT

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.

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