EA officer settles RSUs, withholds shares for tax
Electronic Arts Inc. Chief Accounting Officer Eric Charles Kelly settled equity awards and covered related taxes using shares.
Rhea-AI Filing Summary
Electronic Arts Inc. Chief Accounting Officer Eric Charles Kelly settled equity awards and covered related taxes using shares. On May 16–17, 2026, he exercised or settled derivative awards into 5,518 shares of common stock, as shown in the transaction summary.
The filing shows 2,000 shares of common stock were disposed of at $200.64 per share to satisfy tax withholding obligations tied to these vestings, rather than through open-market sales. Following the latest reported transaction, he holds 10,968 shares of Electronic Arts common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,518 shares exercised/converted
Exercise
15 txns
Insider
Kelly Eric Charles
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 727 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,213 | $0.00 | $0.00 |
| Exercise | Common Stock | 727 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 332 | $200.64 | $67K |
| Exercise | Common Stock | 1,213 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 420 | $200.64 | $84K |
| Exercise | Performance-based Stock Units | 1,563 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 712 | $0.00 | $0.00 |
| Exercise | Performance-based Restricted Stock Units | 1,303 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,563 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 541 | $200.64 | $109K |
| Exercise | Common Stock | 712 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 256 | $200.64 | $51K |
| Exercise | Common Stock | 1,303 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 451 | $200.64 | $90K |
Holdings After Transaction:
Performance-based Stock Units — 1,454 contracts (Direct);
Restricted Stock Units — 3,880 contracts (Direct);
Performance-based Restricted Stock Units — 2,426 contracts (Direct);
Common Stock — 10,968 shares (Direct)
Footnotes (8)
- F1. Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based Restricted Stock Units in shares of common stock on their scheduled vesting date.
- F2. Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
- F3. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
- F4. Represents performance-based restricted stock units granted on June 17, 2024 that were earned based on certain performance conditions.
- F5. This award is fully vested.
- F6. Represents performance-based restricted stock units granted on June 16, 2025 that were earned based on certain performance conditions.
- F7. Restricted Stock Units shall vest as to one-third on May 17, 2025, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 17, 2027.
- F8. Restricted Stock Units shall vest as to one-third on May 16, 2026, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2028.
Key Figures
Shares from award exercises: 5,518 shares
Tax withholding shares: 2,000 shares
Tax withholding price: $200.64 per share
+3 more
6 metrics
Shares from award exercises
5,518 shares
Total derivative exercises/conversions reported in transaction summary
Tax withholding shares
2,000 shares
Shares withheld to satisfy tax obligations on vesting events
Tax withholding price
$200.64 per share
Value used for F-code tax-withholding dispositions
Post-transaction common shares
10,968 shares
Direct EA common stock holding after latest reported transaction
Derivative transaction count
5 transactions
Number of derivative-type entries (RSUs and PSUs) reported
Tax-withholding transaction count
5 transactions
Number of F-code non-derivative entries for tax withholding
Key Terms
Restricted Stock Units, Performance-Based Restricted Stock Units, tax withholding requirements, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance-Based Restricted Stock Units financial
"Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax withholding requirements financial
"Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Performance-based Stock Units financial
"Represents performance-based restricted stock units granted on June 16, 2025 that were earned based on certain performance conditions."
Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EA Chief Accounting Officer Eric Kelly report in this Form 4?
Eric Kelly reported settlements of equity awards into Electronic Arts common stock and related tax-withholding dispositions. He exercised or settled derivative awards into 5,518 shares and used 2,000 shares to satisfy associated tax obligations rather than executing open-market trades.
Were Eric Kelly’s EA stock transactions open-market buys or sells?
The transactions were not open-market buys or sells. They reflect exercises and settlements of restricted and performance-based stock units, with Form 4 code F entries representing shares withheld at $200.64 per share to pay tax liabilities tied to these vesting events.
What is Eric Kelly’s EA common stock holding after these transactions?
After the latest reported transaction, one non-derivative entry shows Eric Kelly owning 10,968 EA common shares directly. This figure reflects his post-transaction common stock position as disclosed in the Form 4 and excludes his remaining derivative awards reported separately.
What types of equity awards vested for EA officer Eric Kelly?
The filing references Restricted Stock Units and Performance-Based Restricted Stock Units that settled into common stock. Footnotes explain each unit typically converts into one EA share upon vesting, with some awards earned based on specified performance conditions and scheduled vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
