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Electronic Arts (NASDAQ: EA) CAO settles 1,531 performance units, withholds shares for taxes

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. 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.
  2. F2. Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
  3. F3. Represents Performance-Based Stock Units granted on June 16, 2023 that were earned based on certain performance conditions.
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
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.

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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.

How many EA shares did Kelly acquire through performance-based stock units (PSUs)?

Kelly acquired 1,531 shares of Electronic Arts common stock upon settlement of Performance-based Stock Units. Each PSU represented the right to receive one share, and this settlement occurred on its scheduled vesting date, converting the entire reported PSU award into common stock.

How many EA shares were withheld for taxes and at what price?

760 shares of Electronic Arts common stock were withheld to satisfy tax withholding requirements, at a price of $201.7000 per share. This withholding occurred in connection with the vesting and settlement of the performance-based stock unit award.

How many EA shares does Kelly hold after these transactions?

Following these reported transactions, Kelly holds 11,739 shares of Electronic Arts common stock directly. This figure reflects his post-transaction common stock position as reported, after the PSU settlement and the related tax-withholding share disposition.

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.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Kelly Eric Charles

(Last)(First)(Middle)
209 REDWOOD SHORES PARKWAY

(Street)
REDWOOD CITY CALIFORNIA 94065

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ELECTRONIC ARTS INC. [ EA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026M1,531A(1)12,499D
Common Stock05/20/2026F760(2)D$201.711,739D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance-based Stock Units(1)05/20/2026M1,531 (3)05/20/2026Common Stock1,531(1)0D
Explanation of Responses:
1. 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.
2. Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
3. Represents Performance-Based Stock Units granted on June 16, 2023 that were earned based on certain performance conditions.
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Eric Kelly05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)