Electronic Arts (EA) CAO awarded multiple performance-based stock unit grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Electronic Arts Inc. Chief Accounting Officer Eric Charles Kelly reported awards of performance-based restricted stock units on May 11, 2026. He acquired 1,303, 1,563 and 1,531 units, each representing the right to receive one share of common stock if conditions are met.
The units were earned after the Compensation Committee certified performance conditions tied to net bookings and non-GAAP operating income. One grant has already vested and settled into common stock, while the others will vest and settle after required service-based vesting periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kelly Eric Charles
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-based Stock Units | 1,531 | $0.00 | -- |
| Grant/Award | Performance-based Stock Units | 1,563 | $0.00 | -- |
| Grant/Award | Performance-based Stock Units | 1,303 | $0.00 | -- |
Holdings After Transaction:
Performance-based Stock Units — 1,531 shares (Direct, null)
Footnotes (1)
- Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock. Represents performance-based restricted stock units granted on June 16, 2023 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units vested and settled for a like amount of shares of common stock following a service-based vesting period. Represents performance-based restricted stock units granted on June 17, 2024 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period. Represents performance-based restricted stock units granted on June 16, 2025 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period.
Key Figures
Performance-based stock units grant 1: 1,303 units
Performance-based stock units grant 2: 1,563 units
Performance-based stock units grant 3: 1,531 units
+2 more
5 metrics
Performance-based stock units grant 1
1,303 units
Award of performance-based restricted stock units on May 11, 2026
Performance-based stock units grant 2
1,563 units
Award of performance-based restricted stock units on May 11, 2026
Performance-based stock units grant 3
1,531 units
Award of performance-based restricted stock units on May 11, 2026
Exercise price per unit
$0.00
Performance-based restricted stock unit grants
Expiration dates
May 20, 2026 / May 16, 2027 / May 16, 2028
Expiration dates of performance-based restricted stock units
Key Terms
Performance-Based Restricted Stock Unit, net bookings, non-GAAP operating income, service-based vesting period, +1 more
5 terms
Performance-Based Restricted Stock Unit financial
"Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
net bookings financial
"performance conditions with respect to net bookings and non-GAAP operating income"
Net bookings measure the total value of contracts, orders or subscriptions a company signs during a period after subtracting cancellations, returns and other order-level reductions; it counts what customers have committed to buy rather than what has already been recorded as revenue. Think of it like a restaurant’s confirmed reservations and menu orders after accounting for no-shows — it signals demand, future sales and business momentum, giving investors a view of upcoming revenue potential.
non-GAAP operating income financial
"performance conditions with respect to net bookings and non-GAAP operating income"
Non-GAAP operating income is a measure of a company's profit from its core business activities, calculated by excluding certain expenses or income that are not part of regular operations. It provides a clearer picture of how well the business is performing by focusing on ongoing operations, helping investors compare companies more consistently and make better-informed decisions.
service-based vesting period financial
"will vest and settle for a like amount of shares of common stock following a service-based vesting period"
Compensation Committee financial
"certification of the Company's Compensation Committee of certain performance conditions"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What insider transaction did EA Chief Accounting Officer Eric Kelly report?
Eric Kelly reported awards of performance-based restricted stock units on May 11, 2026. These units were granted as equity compensation and give him rights to receive Electronic Arts common shares if specified performance and service conditions are satisfied.
How many performance-based stock units did Eric Kelly receive at Electronic Arts (EA)?
Eric Kelly received three awards of performance-based restricted stock units: 1,303 units, 1,563 units and 1,531 units. Each unit generally represents a right to one share of Electronic Arts common stock upon vesting and settlement, subject to performance and service conditions.
What performance metrics determine Eric Kelly’s EA stock unit awards?
The awards are tied to performance conditions related to net bookings and non-GAAP operating income. The company’s Compensation Committee certified that these performance conditions were met, allowing the performance-based units to be earned before they vest based on continued service periods.
When do Eric Kelly’s Electronic Arts performance-based units vest and expire?
The units carry expiration dates in 2026, 2027 and 2028, depending on each grant. One grant has already vested and settled into common stock, while the remaining grants will vest and settle after completion of required service-based vesting periods outlined in the awards.