Electronic Arts CPO stock canceled for $210 cash in deal
Electronic Arts Inc. Chief People Officer Vijayanthimala Singh reported equity dispositions tied to the Oak-Eagle merger.
Rhea-AI Filing Summary
Electronic Arts Inc. Chief People Officer Vijayanthimala Singh reported equity dispositions tied to the Oak-Eagle merger. At the Effective Time, each share of common stock she held, including 19,130 shares held directly and 25,160 shares held via the Singh-Force Family Trust, was canceled and converted into the right to receive $210.00 in cash per share.
All unvested RSUs and performance-based RSUs covering tranches of 7,271, 13,236, 40,924, 32,066 and 33,091 underlying shares were canceled and converted into restricted cash awards equal to $210.00 per underlying share, generally vesting and paying on the original award schedules.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units F3 | 7,271 | -- | -- |
| Disposition | Restricted Stock Units F3 | 13,236 | -- | -- |
| Disposition | Restricted Stock Units F3 | 40,924 | -- | -- |
| Disposition | Performance-based Restricted Stock Units F4 | 32,066 | -- | -- |
| Disposition | Performance-based Restricted Stock Units F4 | 33,091 | -- | -- |
| Disposition | Common Stock F1 | 19,130 | $210.00 | $4.02M |
| Disposition | Common Stock F1, F2 | 25,160 | $210.00 | $5.28M |
Footnotes (4)
- 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 share of Issuer common stock held by the reporting person was cancelled and converted into the right to receive $210.00 in cash (the "Merger Consideration").
- F2. Shares are held by the Singh-Force Family Trust. Ms. Singh has investment control over, and pecuniary interest in, all shares held by the Singh-Force Family Trust.
- F3. At the Effective Time, pursuant to the Merger Agreement, each employee's unvested restricted stock units ("RSUs") were cancelled and converted into restricted cash awards equal to $210.00 multiplied by the number of shares subject to the unvested RSUs, less applicable withholding taxes and without interest, and will generally vest and be paid on the same schedule as the original RSUs.
- F4. At the Effective Time, pursuant to the Merger Agreement, each employee's unvested performance-based RSUs were cancelled and converted into restricted cash awards representing the right to receive, without interest and less applicable withholding taxes, cash equal to the Merger Consideration of $210.00 per share subject to the award. For awards with an incomplete performance period or for which performance had not been certified immediately prior to the Effective Time, the number of shares used to calculate the cash amount was determined based on the greater of target performance and actual performance measured through the latest practicable date prior to the Effective Time.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
Merger Consideration financial
Performance-based Restricted Stock Units financial
restricted cash awards financial
FAQ
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What insider transaction did Electronic Arts (EA) report for Vijayanthimala Singh?
How were Electronic Arts (EA) restricted stock units treated in the merger?
What happened to EA performance-based RSUs held by employees in the merger?
Were the EA Form 4 dispositions made under a Rule 10b5-1 trading plan?
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