Electronic Arts (EA) CFO granted performance-based RSU awards tied to metrics
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 Trade Summary
| 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 | -- |
Footnotes (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.