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Electronic Arts (EA) CFO granted performance-based RSU awards tied to metrics

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Canfield Stuart reported acquisition or exercise transactions in this Form 4 filing.

Electronic Arts Inc. executive vice president and chief financial officer Stuart Canfield reported awards of performance-based restricted stock units on May 11, 2026. These entries reflect compensation grants rather than open-market stock purchases or sales.

The filing shows three awards of performance-based restricted stock units, each representing a contingent right to receive one share of Electronic Arts common stock. Grants tied to June 16, 2023 performance conditions have vested and settled into common shares after a service-based vesting period, while awards granted on June 17, 2024 and June 16, 2025 will vest and settle after additional service-based vesting.

These performance-based awards were earned based on the compensation committee’s certification of performance conditions that included net bookings, non-GAAP operating income and, for the 2023 grant, relative total shareholder return. The transactions represent equity-based compensation aligning the CFO’s interests with company performance, without signaling discretionary buying or selling activity in the open market.

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Insights

EA’s CFO received routine performance-based RSU compensation, with no open-market trading.

Stuart Canfield, EVP and CFO of Electronic Arts, reported three awards of performance-based restricted stock units on May 11, 2026. These are equity compensation entries, coded as grants or awards, not market purchases or sales of stock.

The footnotes explain that each unit converts into one share of common stock. The June 16, 2023 grant has already vested and settled after meeting performance goals based on net bookings, non-GAAP operating income, and relative TSR. The June 17, 2024 and June 16, 2025 grants will vest after further service-based periods once performance conditions tied to net bookings and non-GAAP operating income were certified.

Because these transactions are compensation-related and carry no cash exercise price, they typically signal ongoing alignment of executive pay with performance metrics rather than a change in the insider’s personal market view. Subsequent company filings may detail how these awards flow into total share ownership and future dilution as they settle into common stock.

Insider Canfield Stuart
Role EVP & Chief Financial Officer
Type Security Shares Price Value
Grant/Award Performance-based Restricted Stock Units 19,668 $0.00 --
Grant/Award Performance-based Restricted Stock Units 8,267 $0.00 --
Grant/Award Performance-based Restricted Stock Units 7,524 $0.00 --
Holdings After Transaction: Performance-based Restricted Stock Units — 19,668 shares (Direct, null)
Footnotes (1)
  1. Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock. Represents performance-based restricted stock units granted on June 16, 2023 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings, non-GAAP operating income and relative TSR. The performance-based restricted stock units vested and settled for a like amount of shares of common stock following a service-based vesting period. Represents performance-based restricted stock units granted on June 17, 2024 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period. Represents performance-based restricted stock units granted on June 16, 2025 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period.
Performance RSU award 1 7,524 units Performance-based RSUs, transaction date May 11, 2026
Performance RSU award 2 8,267 units Performance-based RSUs, transaction date May 11, 2026
Performance RSU award 3 19,668 units Performance-based RSUs, transaction date May 11, 2026
Award type Grant/award acquisition Transaction code A for each RSU grant
Exercise price per unit $0.00 Conversion or exercise price for each RSU award
Expiration date award 1 May 16, 2028 Expiration date for one RSU grant
Expiration date award 2 May 16, 2027 Expiration date for one RSU grant
Expiration date award 3 May 20, 2026 Expiration date for one RSU grant
Performance-based Restricted Stock Units financial
"Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share"
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.
net bookings financial
"performance conditions with respect to net bookings, non-GAAP operating income and relative TSR"
Net bookings measure the total value of contracts, orders or subscriptions a company signs during a period after subtracting cancellations, returns and other order-level reductions; it counts what customers have committed to buy rather than what has already been recorded as revenue. Think of it like a restaurant’s confirmed reservations and menu orders after accounting for no-shows — it signals demand, future sales and business momentum, giving investors a view of upcoming revenue potential.
non-GAAP operating income financial
"performance conditions with respect to net bookings, non-GAAP operating income and relative TSR"
Non-GAAP operating income is a measure of a company's profit from its core business activities, calculated by excluding certain expenses or income that are not part of regular operations. It provides a clearer picture of how well the business is performing by focusing on ongoing operations, helping investors compare companies more consistently and make better-informed decisions.
relative TSR financial
"performance conditions with respect to net bookings, non-GAAP operating income and relative TSR"
service-based vesting period financial
"vested and settled for a like amount of shares of common stock following a service-based vesting period"
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*
Canfield Stuart

(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)
EVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
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
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 Restricted Stock Units(1)05/11/2026A19,668 (2)05/20/2026Common Stock19,668(1)19,668D
Performance-based Restricted Stock Units(1)05/11/2026A8,267 (3)05/16/2027Common Stock8,267(1)8,267D
Performance-based Restricted Stock Units(1)05/11/2026A7,524 (4)05/16/2028Common Stock7,524(1)7,524D
Explanation of Responses:
1. Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock.
2. Represents performance-based restricted stock units granted on June 16, 2023 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings, non-GAAP operating income and relative TSR. The performance-based restricted stock units vested and settled for a like amount of shares of common stock following a service-based vesting period.
3. Represents performance-based restricted stock units granted on June 17, 2024 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period.
4. Represents performance-based restricted stock units granted on June 16, 2025 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period.
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Stuart Canfield05/21/2026
** 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)

FAQ

What did EA (EA) CFO Stuart Canfield report in this Form 4 filing?

Stuart Canfield reported three awards of performance-based restricted stock units on May 11, 2026. These units are equity compensation that can convert into shares of Electronic Arts common stock, rather than open-market purchases or sales of existing shares.

How many performance-based RSUs were granted to EA (EA) CFO in each award?

The filing shows three separate awards: 7,524 performance-based RSUs, 8,267 performance-based RSUs, and 19,668 performance-based RSUs. Each unit represents a contingent right to receive one share of Electronic Arts common stock once vesting and performance conditions are satisfied.

What performance metrics determine EA (EA) CFO’s RSU awards in this Form 4?

The RSU awards were earned after the compensation committee certified performance conditions. These conditions involved net bookings, non-GAAP operating income, and, for the 2023 grant, relative total shareholder return, linking the CFO’s equity compensation directly to Electronic Arts’ performance metrics.

When do the EA (EA) CFO performance-based RSUs vest and settle into common stock?

Units granted on June 16, 2023 vested and settled into common stock after a service-based vesting period. Units granted on June 17, 2024 and June 16, 2025 will vest and settle for a like number of shares following additional service-based vesting periods described in the award terms.

Does this EA (EA) Form 4 show the CFO buying or selling shares on the market?

No, the Form 4 reflects grants of performance-based restricted stock units as compensation. The transactions are coded as awards with a zero exercise price, indicating no open-market buying or selling of Electronic Arts shares by the CFO in this filing.

What is a performance-based restricted stock unit in the context of EA (EA)?

Each performance-based restricted stock unit is a contingent right to receive one share of Electronic Arts common stock. The units are earned based on achieving specified performance goals and then vest over a service-based period before settling into actual shares.