Electronic Arts director’s RSUs cashed out in merger
Electronic Arts Inc. director Luis A. Ubinas reported multiple dispositions of restricted stock units on August 4, 2026.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Electronic Arts Inc. director Luis A. Ubinas reported multiple dispositions of restricted stock units on August 4, 2026. In connection with the Oak-Eagle merger, each reported RSU was cancelled and converted into the right to receive cash equal to $210.00 per underlying share, less applicable withholding taxes.
Insider Trade Summary
Disposition: 51,986 shares
Disposition
9 txns
Insider
Ubinas Luis A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units F1 | 7,500 | -- | -- |
| Disposition | Restricted Stock Units F1 | 10,000 | -- | -- |
| Disposition | Restricted Stock Units F1 | 10,000 | -- | -- |
| Disposition | Restricted Stock Units F1 | 10,000 | -- | -- |
| Disposition | Restricted Stock Units F1 | 3,869 | -- | -- |
| Disposition | Restricted Stock Units F1 | 3,570 | -- | -- |
| Disposition | Restricted Stock Units F1 | 3,408 | -- | -- |
| Disposition | Restricted Stock Units F1 | 2,187 | -- | -- |
| Disposition | Restricted Stock Units F1 | 1,452 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct)
Footnotes (1)
- F1. On August 4, 2026, pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 28, 2025, by and among Electronic Arts Inc., a Delaware corporation (the "Issuer"), Oak-Eagle AcquireCo, Inc., a Delaware corporation ("Parent"), and Oak-Eagle MergerCo, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each outstanding restricted stock unit ("RSU") that was vested but not yet settled and each RSU held by a non-employee director, whether vested or unvested, was cancelled and converted into the right to receive, without interest and less applicable withholding taxes, cash equal to $210.00 for each share subject to the award.
Key Figures
Cash per RSU share: $210.00
RSUs disposed (example grant): 7500.0000 units
RSUs disposed (additional grant): 10000.0000 units
+2 more
5 metrics
Cash per RSU share
$210.00
Cash consideration per share for cancelled RSU awards at the effective time of the merger
RSUs disposed (example grant)
7500.0000 units
Restricted stock units cancelled and converted to cash on August 4, 2026 under the merger terms
RSUs disposed (additional grant)
10000.0000 units
Another RSU award cancelled and converted to cash rights in connection with the merger
RSUs disposed (additional grant)
3869.0000 units
Further RSUs cancelled and cash-settled pursuant to the Agreement and Plan of Merger
Merger and RSU cancellation date
August 4, 2026
Date the Oak-Eagle merger was effected and RSUs were cancelled and converted into cash rights
Key Terms
Restricted Stock Units, Agreement and Plan of Merger, Effective Time, withholding taxes
4 terms
Restricted Stock Units financial
"each outstanding restricted stock unit ("RSU") that was vested but not yet settled"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Agreement and Plan of Merger regulatory
"pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement")"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Effective Time regulatory
"At the effective time of the Merger (the "Effective Time"), each outstanding RSU"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
withholding taxes financial
"right to receive, without interest and less applicable withholding taxes, cash equal to $210.00"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Electronic Arts (EA) director Luis A. Ubinas report on this Form 4?
Luis A. Ubinas reported dispositions of several restricted stock unit awards on August 4, 2026. These RSUs were cancelled in connection with the Oak-Eagle merger and converted into rights to receive cash based on $210.00 per underlying share, before withholding taxes.
How were the Electronic Arts (EA) RSUs treated in the Oak-Eagle merger?
At the merger’s effective time, each reported restricted stock unit was cancelled and converted into the right to receive cash. The cash consideration equaled $210.00 for each underlying share, paid without interest and reduced by applicable withholding taxes.
What securities are involved in Luis A. Ubinas’s EA Form 4 filing?
The filing covers restricted stock units with underlying Electronic Arts common stock. Each RSU was disposed of to the issuer and converted into a cash right of $210.00 per underlying share under the merger terms, rather than being settled in EA stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
