Electronic Arts insider files Form 144 to sell 6,500 shares via Morgan Stanley
Rhea-AI Filing Summary
Form 144 filed for Electronic Arts, Inc. (EA) shows a proposed sale of 6,500 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,256,775 and an approximate sale date of 09/29/2025. The filing states the shares were acquired as RSU/PSU on 05/16/2023 and fully paid on that date. The filing identifies prior sales by the same person under a Rule 10b5-1 plan in the past three months: 3,500 shares sold 09/26/2025 for $657,300 and 1,000 shares sold 08/20/2025 for $171,058.70. The filing includes a representation that the seller does not possess undisclosed material adverse information.
Positive
- Securities were acquired as RSU/PSU on 05/16/2023, with the acquisition and payment date clearly stated
- Prior sales were executed under a Rule 10b5-1 plan, indicating pre-planned, compliant trading instructions
- Broker details provided (Morgan Stanley Smith Barney LLC) and aggregate market value disclosed
Negative
- Insider proposes to sell 6,500 shares, which is a disclosed insider disposition
- Filing lacks the filer CIK and contact fields in the provided text (information appears omitted in this extract)
Insights
TL;DR: Routine insider sale under Rule 144/10b5-1; size is immaterial relative to outstanding shares.
The filing documents a planned disposition of 6,500 EA common shares via Morgan Stanley Smith Barney with an indicated market value of $1,256,775. The shares were granted as RSU/PSU on 05/16/2023 and previous 10b5-1 transactions totaling 4,500 shares are disclosed for the past three months. Given the issuer's stated outstanding shares of 250,207,303, the sale represents a very small percentage of total equity and appears administrative in nature rather than suggestive of company-specific concerns.
TL;DR: Disclosure aligns with Rule 144 and 10b5-1 planning; signature attestation present.
The form includes the required attestation that the seller lacks undisclosed material adverse information and references reliance on a 10b5-1 trading plan for earlier sales. The filing provides acquisition details (RSU/PSU grant date and payment) and broker information, satisfying typical governance and compliance reporting expectations for insider dispositions.
FAQ
What does the Form 144 for EA (Electronic Arts) disclose?
Who is the broker handling the EA share sale?
When were the shares being sold originally acquired?
Were there prior insider sales disclosed recently for the same person?
How material is the proposed sale relative to EA's outstanding shares?