Electronic Arts CFO Increases Stake Despite $238K Tax-Related Share Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Electronic Arts (EA) CFO Stuart Canfield reported significant insider transactions on June 22, 2025. The transactions involved the vesting of Restricted Stock Units (RSUs) and subsequent share disposals:
- Acquired 3,188 shares through RSU settlement at scheduled vesting
- Disposed of 1,581 shares at $150.56 per share to satisfy tax withholding requirements
- Following transactions, Canfield holds 16,140 shares directly and 6,377 RSUs
The remaining RSUs will vest in approximately equal increments every six months until June 22, 2026. This transaction pattern is consistent with standard executive compensation arrangements and tax management strategies. The disposal was automatically executed for tax purposes rather than a discretionary sale, suggesting no significant signal about company outlook.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,188 shares exercised/converted
Mixed
3 txns
Insider
Canfield Stuart
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,188 | $0.00 | -- |
| Exercise | Common Stock | 3,188 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,581 | $150.56 | $238K |
Holdings After Transaction:
Restricted Stock Units — 6,377 shares (Direct);
Common Stock — 17,721 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date. Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award. Restricted Stock Unit shall vest as to one-third on June 22, 2024, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on June 22, 2026.
FAQ
What insider trading activity occurred at EA on June 22, 2025?
EA's EVP & Chief Financial Officer Stuart Canfield had two transactions: First, he acquired 3,188 shares through the vesting of Restricted Stock Units (RSUs). Then, 1,581 shares were withheld at $150.56 per share for tax purposes, leaving him with a final balance of 16,140 shares held directly.
What is the vesting schedule for EA CFO Canfield's remaining Restricted Stock Units?
The Restricted Stock Units vest in a staggered schedule: one-third vested on June 22, 2024, with the remaining units vesting in approximately equal increments every six months until becoming fully vested on June 22, 2026. After the reported transaction, Canfield still holds 6,377 unvested RSUs.