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Home » Sony CEO Just Sold Over Half His Stock
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Sony CEO Just Sold Over Half His Stock

News RoomBy News Room8 July 20262 Mins Read
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Sony CEO Just Sold Over Half His Stock

Published Jul 8, 2026, 8:39 PM EDT

Adrian has been writing, critiquing, and thinking about games since he first picked up an N64 controller many years ago. These days he writes reviews, news, and features for Game Rant and believes games should be held to the same artistic standards as books, movies, and television shows. When he’s not writing for Game Rant, Adrian writes even more reviews for Sirus Gaming and likes to get nerdy about tech and retro games at HackerNoon. Outside the gaming world, he spends plenty of time enjoying movies or listening to every genre of music under the sun. Follow him on Twitter for nonsense tweets likely related to Dragon Ball Z, or check out Breadhouse Records for some tunes.

Amid the fallout from PlayStation’s announcement that it will halt physical disc manufacturing in 2028, SEC filings reveal that Sony CEO Hiroki Totoki sold over half of his stock shortly after the news broke. Some fans have been vocally opposed to Sony stopping physical disc production and canceling their PS Plus subscriptions, hoping the company listens.

former-playstation-boss-gives-official-comment-on-ps6-ending-disc-production-gamerant-feature

Former PlayStation Boss Gives Official Comment on PS6, Ending Disc Production

Former PlayStation boss Shawn Layden offers his insight into the company’s decision-making process around the PS6 and disc production.

  • PlayStation 5 Console with a ControllerImage via PlayStation
  • playstation logo.Image via PlayStation
  • playstation-shapesImage via PlayStation

On June 3, 2026, just two days after PlayStation’s big announcement, SEC filings show that Sony CEO Hiroki Totoki sold 225,000 shares of Sony stock, or roughly 56% of his stake in the company. At the time of the sale, Sony traded at $21.02 per share, netting the CEO about $4.7 million and leaving him with 173,250 shares. Additionally, Sony CSO, Toshimoto Mitomo, also sold 25,000 of his shares, or roughly 18% of his stake in the company, for a total of $525,500 on the same day. Shortly after PlayStation announced it was ending physical media production, Sony’s stock also took a bump, and it has only grown since then. As of July 08, 2026, Sony stock is trading at $21.15 per share.

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