Electronic Arts (NASDAQ: EA) director receives $210 per share in cash merger
Rhea-AI Filing Summary
Electronic Arts Inc. director Jeff Huber reported dispositions of equity in connection with the completion of a cash merger in which Oak-Eagle MergerCo, Inc. merged into Electronic Arts, making it a wholly owned subsidiary of Oak-Eagle AcquireCo, Inc. An indirect holding of 2,184 shares of EA common stock held by a trust was cancelled and converted into the right to receive $210.00 per share in cash. In addition, 1,452 restricted stock units, representing the same number of underlying common shares, were cancelled and converted into the right to receive $210.00 in cash for each share. Following these merger-related cancellations, the reporting person shows no remaining EA common stock or RSU holdings in this report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,184 shares
Net Sell
2 txns
Insider
Huber Jeff
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units F2 | 1,452 | -- | -- |
| Disposition | Common Stock F1 | 2,184 | $210.00 | $459K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 0 shares (Indirect, By Trust)
Footnotes (2)
- 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. At the Effective Time, pursuant to the Merger Agreement, 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
Common shares disposed: 2,184 shares
RSUs cancelled: 1,452 units
Merger cash consideration per share: $210.00 per share
+1 more
4 metrics
Common shares disposed
2,184 shares
EA common stock held indirectly by trust, cancelled and converted into cash rights at $210.00 per share on August 4, 2026
RSUs cancelled
1,452 units
Vested and non-employee director RSUs converted into the right to receive $210.00 in cash per underlying share at the merger effective time
Merger cash consideration per share
$210.00 per share
Cash Merger Consideration for each EA common share and each underlying RSU share held by the reporting person
Holdings after merger
0 shares
EA common stock and RSUs reported for Jeff Huber following the merger-related cancellations
Key Terms
Agreement and Plan of Merger, Merger Consideration, restricted stock unit ("RSU"), wholly owned subsidiary
4 terms
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.
Merger Consideration financial
"converted into the right to receive $210.00 in cash (the "Merger Consideration")"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
restricted stock unit ("RSU") financial
"each outstanding restricted stock unit ("RSU") that was vested but not yet settled"
wholly owned subsidiary financial
"Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent"
A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Electronic Arts (EA) director Jeff Huber report in this Form 4?
Jeff Huber reported dispositions of all reported EA equity interests due to a cash merger. His 2,184 common shares and 1,452 RSUs were cancelled and converted into rights to receive $210 per share, leaving no EA holdings reported.
What merger transaction triggered Jeff Huber’s Form 4 filing for EA (EA)?
The report stems from a cash merger where Oak-Eagle MergerCo, Inc. merged into Electronic Arts Inc. under a Merger Agreement dated September 28, 2025. At the effective time on August 4, 2026, EA became a wholly owned subsidiary of Oak-Eagle AcquireCo, Inc.
How were Jeff Huber’s Electronic Arts (EA) RSUs treated in the merger?
At the effective time, each of Jeff Huber’s 1,452 RSUs, including vested and non-employee director awards, was cancelled and converted into the right to receive $210.00 in cash per underlying share, without interest and net of applicable withholding taxes.