Adrian has been writing, criticizing and thinking about games since he first picked up an N64 controller many years ago. Currently writing reviews, news, and features for Game Rant, he believes that games should be held to the same artistic standards as books, movies, and TV shows. When he's not writing for Game Rant, Adrian writes even more reviews for Sirus Gaming and likes to rave about tech and retro games on HackerNoon. Outside of the gaming world, he spends a lot of time watching movies or listening to every genre of music under the sun. Follow him on Twitter for nonsensical tweets possibly related to Dragon Ball Z or check out Breadhouse Records for some tunes.
Amid the fallout from PlayStation's announcement that it will stop making physical discs in 2028, SEC filings reveal that Sony CEO Hiroki Totoki sold more than half of his shares shortly after the news broke. Some fans have been vocal against Sony stopping production of physical discs and canceling their PS Plus subscriptions, hoping the company is listening.
In June 2026, just two days after PlayStation's big announcement, SEC filings show that Sony CEO Hiroki Totoki sold 225,000 shares of Sony stock, roughly 56% of his stake in the company. At the time of the sale, Sony was trading at $21.02 per share, netting the CEO roughly $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 hit and has only risen since then. As of July 8, 2026, Sony stock is trading at $21.15 per share.
Image via PlayStation
Image via PlayStation
Image via PlayStation