EA (NASDAQ: EA) affiliate files Form 144 to sell 7,500 shares
Rhea-AI Filing Summary
EA filed a Form 144 reporting the proposed sale of 7,500 shares of Common Stock. The notice identifies Morgan Stanley Smith Barney LLC, Executive Financial Services, as the broker and lists 7,500 shares tied to Restricted Stock Units dated 05/16/2024.
The filing also discloses three 10b5-1 sales by Laura Miele of 2,500 shares each on 03/16/2026, 04/15/2026, and 05/15/2026 with reported proceeds of $499,883.50, $508,025.50, and $501,343.50, respectively.
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Insights
Forms show an affiliate notice to sell 7,500 shares and recent Rule 10b5-1 dispositions totaling 7,500 shares.
EA's Form 144 lists a proposed resale of 7,500 shares via Morgan Stanley Smith Barney LLC tied to Restricted Stock Units dated 05/16/2024. The filing is a compliance notice rather than an earnings or strategic disclosure.
Three 10b5-1 executions by Laura Miele — 2,500 shares each on 03/16/2026, 04/15/2026, and 05/15/2026 — are recorded with gross proceeds shown. Subsequent filings would show actual market dispositions and final proceeds.
This is a regulatory resale notice under Section 144; it documents proposed brokered sales and prior plan transactions.
Form 144 is procedural: it notifies of an intended sale of 7,500 shares and records prior 10b5-1 sales. The filing includes the broker name and instrument type (Restricted Stock Units), preserving required disclosure elements.
Material legal implications depend on execution and market reporting; timing and final cash‑flow treatment are not specified in the excerpt.