[Form 4] Electronic Arts Inc Insider Trading Activity

Rhea-AI Filing Summary

Uniti Group Inc. (UNIT) – Form 4 filing (8/4/25)

President, CEO and Director Kenny Gunderman reported an automatic share conversion on 08/01/2025 tied to Uniti’s merger with Windstream. Under the merger agreement, every share of “Old Uniti” common stock was exchanged for 0.6029 shares of “New Uniti” common stock, with cash paid only for fractional shares. The transaction was coded “D” (disposition) but reflects a corporate action, not an open-market sale; the price field is “0”.

After the conversion Gunderman owns 3,098,835 New Uniti common shares directly; no derivative securities were reported. Ownership structure (direct) and officer/director status remain unchanged. Because the exchange is mandatory and maintains Gunderman’s economic stake, the filing carries limited trading-signal value and is largely neutral for investors.

Positive

• CEO retains 3,098,835 shares post-conversion, signalling continued equity alignment with shareholders.

Negative

• None.

Insights

Equity Research Analyst

TL;DR: Mandatory share conversion; insider still holds 3.1 m shares—no buy/sell signal.

The Form 4 documents a mechanical exchange of Old Uniti shares into New Uniti shares following completion of the Windstream merger. Gunderman’s stake converts pro-rata, preserving economic exposure. No cash consideration, no derivatives and no net reduction in ownership were reported. As such, the filing is informational rather than directional and should not be interpreted as bullish or bearish. Investors may take comfort that the CEO maintains a sizeable position, but the event does not alter valuation fundamentals.

Corporate Governance Specialist

TL;DR: Exchange maintains alignment; governance implications unchanged.

The filing confirms that executive equity awards and direct holdings were rolled into the post-merger entity on identical terms. Continuity of ownership supports incentive alignment and simplifies cap-table reporting. No red flags emerge regarding preferential treatment or accelerated vesting. Impact on governance risk profile is therefore neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Simonson Richard A

(Last) (First) (Middle)

209 REDWOOD SHORES PARKWAY

(Street)

REDWOOD CITY CA 94065

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ELECTRONIC ARTS INC. [ EA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2025		M		3,869	A	(1)	77,935	D
Common Stock	08/02/2025		M		1,746	A	(1)	79,681	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/31/2025		M			3,869	07/31/2015(2)	07/31/2015(2)	Common Stock	3,869	(1)	0	D
Restricted Stock Units	(1)	08/02/2025		M			1,746	(3)	08/02/2025	Common Stock	1,746	(1)	0	D

Explanation of Responses:

1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock.

2. This award was fully vested as of July 31, 2015, but Mr. Simonson elected to defer receipt of the shares of common stock underlying these Restricted Stock Units for 10 years.

3. This award was fully vested on August 2, 2025.

	/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Richard A. Simonson	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What happened in Uniti Group's (UNIT) Form 4 dated 08/04/25?

All Old Uniti shares held by CEO Kenny Gunderman were automatically converted at 0.6029:1 into New Uniti shares under the Windstream merger.

Did the CEO sell any UNIT shares?

No. The Form 4 lists a “D” code but reflects a mandatory share exchange, not an open-market sale.

How many UNIT shares does Kenny Gunderman now own?

He directly owns 3,098,835 New Uniti common shares.

Was any cash involved in the transaction?

Cash is only paid in lieu of fractional shares; the transaction price is recorded as $0 per share.

Does the filing change Uniti's share count or dilution?

The event is part of the broader merger recapitalization; this Form 4 only reports the insider’s personal holdings, not company-wide share count.