Electronic Arts (NASDAQ: EA) CAO settles 1,531 performance units, withholds shares for taxes
Rhea-AI Filing Summary
Electronic Arts Inc. reports that Chief Accounting Officer Eric Charles Kelly settled 1,531 Performance-based Stock Units into common stock on May 20, 2026. At vesting, 760 shares were withheld at $201.7000 per share for taxes, leaving 11,739 shares of common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 771 shares
Net Buy
3 txns
Insider
Kelly Eric Charles
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-based Stock Units | 1,531 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,531 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 760 | $201.70 | $153K |
Holdings After Transaction:
Performance-based Stock Units — 0 shares (Direct);
Common Stock — 11,739 shares (Direct)
Footnotes (3)
- F1. Each Performance-Based Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based 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. Represents Performance-Based Stock Units granted on June 16, 2023 that were earned based on certain performance conditions.
Key Figures
Performance-based stock units settled: 1531 units
Shares withheld for taxes: 760 shares
Tax withholding price: $201.7000 per share
+2 more
5 metrics
Performance-based stock units settled
1531 units
Settled into common stock on 2026-05-20
Shares withheld for taxes
760 shares
Withheld upon vesting to satisfy tax obligations on 2026-05-20
Tax withholding price
$201.7000 per share
Price used for the tax-withholding share disposition
Post-transaction common stock holdings
11,739 shares
Direct common stock position after reported transactions
PSU grant date
June 16, 2023
Grant date of the Performance-based Stock Units that were earned and settled
Key Terms
Performance-based Stock Units, scheduled vesting date, tax withholding requirements, settlement
4 terms
Performance-based Stock Units financial
"Each Performance-Based Stock Unit represents the right to receive one share"
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.
scheduled vesting date financial
"settlement of Performance-Based Stock Units in shares on their scheduled vesting date"
tax withholding requirements financial
"shares of common stock withheld to satisfy tax withholding requirements"
settlement financial
"represents the right to receive, at settlement, one share of common stock"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did EA's Chief Accounting Officer report on May 20, 2026?
Chief Accounting Officer Eric Charles Kelly settled 1,531 Performance-based Stock Units into common stock and had 760 shares withheld for taxes. These actions were reported as an option-like exercise and a tax-withholding disposition on the same date.
What are Performance-based Stock Units (PSUs) in EA's compensation structure?
Electronic Arts’ Performance-based Stock Units each represent the right to receive one share of common stock at settlement. The units referenced here were granted on June 16, 2023 and were earned based on specified performance conditions before vesting into common stock.