[Form 4] ELECTRONIC ARTS INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Electronic Arts Inc. reported that Chief Accounting Officer Eric Charles Kelly received a grant of 5,415 Restricted Stock Units, each representing one share of EA common stock upon settlement. These RSUs are a form of equity compensation and were acquired at no cash cost.
The award will vest over time, with one-third vesting on May 15, 2027 and the remaining units vesting in approximately equal increments every six months until fully vested on May 15, 2029. Following this grant, Kelly directly holds 5,415 RSUs tied to EA common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kelly Eric Charles
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,415 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,415 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock. Restricted Stock Units shall vest as to one-third on May 15, 2027, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 15, 2029.
Key Figures
RSUs granted: 5,415 units
Transaction price per unit: $0.00
Underlying common shares: 5,415 shares
+4 more
7 metrics
RSUs granted
5,415 units
Restricted Stock Units granted to Chief Accounting Officer
Transaction price per unit
$0.00
Grant price for 5,415 Restricted Stock Units
Underlying common shares
5,415 shares
Each RSU represents one EA common share at settlement
Vesting start date
May 15, 2027
One-third of RSUs vest on this date
Full vesting date
May 15, 2029
Award fully vested by this date
Expiration date
May 15, 2029
Expiration date listed for the RSUs
Holdings after grant
5,415 units
Total RSUs held following this transaction
Key Terms
Restricted Stock Units, vest, grant/award acquisition, underlying security
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents the right to receive, at settlement, one share"
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.
vest financial
"Restricted Stock Units shall vest as to one-third on May 15, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant/award acquisition financial
"transaction_action: grant/award acquisition for 5,415 Restricted Stock Units"
underlying security financial
"underlying_security_title is Common Stock for these Restricted Stock Units"
FAQ
What did Electronic Arts (EA) disclose about Eric Kelly in this Form 4?
Electronic Arts disclosed that Chief Accounting Officer Eric Charles Kelly received a grant of 5,415 Restricted Stock Units. These units are equity-based compensation that can convert into EA common shares according to a multi-year vesting schedule running through May 15, 2029.
How many Restricted Stock Units did EA grant to its Chief Accounting Officer?
EA granted 5,415 Restricted Stock Units to Chief Accounting Officer Eric Charles Kelly. Each unit represents the right to receive one share of EA common stock at settlement, giving him a time-vested equity stake in the company’s future performance.
What is the vesting schedule for Eric Kelly’s EA Restricted Stock Units?
One-third of Eric Kelly’s 5,415 Restricted Stock Units will vest on May 15, 2027. The remaining units vest in approximately equal installments every six months, with the award fully vested by May 15, 2029, aligning compensation with long-term company performance.
Does Eric Kelly pay anything for the EA Restricted Stock Units he received?
The Form 4 shows a transaction price per share of $0.00 for the 5,415 Restricted Stock Units. This indicates the units were granted as compensation rather than purchased, a common structure for executive equity incentives at public companies like Electronic Arts.
How many EA equity units does Eric Kelly hold after this Form 4 transaction?
After this transaction, Eric Kelly holds a total of 5,415 Restricted Stock Units tied to EA common stock. These units will convert into an equivalent number of EA shares as they vest under the disclosed schedule through May 15, 2029.