EA (EA) CFO Stuart Canfield receives 60,309 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Canfield Stuart reported acquisition or exercise transactions in this Form 4 filing.
Electronic Arts Inc. executive Stuart Canfield, EVP & Chief Financial Officer, received a grant of 60,309 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of Electronic Arts common stock at settlement.
The RSUs will vest over time. One-third of the award is scheduled to vest on May 15, 2027, with the remaining units vesting in approximately equal increments every six months until fully vested on May 15, 2029. Following this grant, Canfield holds 60,309 RSUs directly, with no other derivative positions shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Canfield Stuart
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 60,309 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 60,309 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: 60,309 units
Underlying common shares: 60,309 shares
Initial vesting date: May 15, 2027
+3 more
6 metrics
RSUs granted
60,309 units
Restricted Stock Units granted to CFO Stuart Canfield on June 15, 2026
Underlying common shares
60,309 shares
Each RSU represents one share of Electronic Arts common stock
Initial vesting date
May 15, 2027
One-third of the RSU award vests on this date
Final vesting date
May 15, 2029
Award fully vested by this date after six-month increments
RSU expiration date
May 15, 2029
Expiration date reported for the RSU award
Post-grant RSU holdings
60,309 units
Total Restricted Stock Units held directly after this transaction
Key Terms
Restricted Stock Units, vest, settlement, Common Stock
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.
settlement financial
"represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
Common Stock financial
"underlying_security_title: "Common Stock" and in the footnote description"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did EA executive Stuart Canfield report in this Form 4 filing?
Stuart Canfield reported receiving 60,309 Restricted Stock Units. These RSUs are a stock-based compensation award that can convert into an equal number of Electronic Arts common shares over time, subject to the disclosed vesting schedule and his continued service.
How many Restricted Stock Units did EA (EA) grant to its CFO?
Electronic Arts granted 60,309 Restricted Stock Units to its CFO. Each RSU gives the right to receive one share of EA common stock at settlement, making this a sizable equity-based compensation award tied to future vesting dates.
What is the vesting schedule for Stuart Canfield’s EA RSU grant?
The RSUs vest from May 15, 2027 through May 15, 2029. One-third vests on May 15, 2027, and the remaining units vest in approximately equal six-month installments until the award is fully vested by May 15, 2029.
Does this EA Form 4 show any stock sales or purchases by Stuart Canfield?
No stock sales or open-market purchases are shown. The filing reports only a grant of 60,309 Restricted Stock Units as a compensation-related acquisition, with no buy or sell transactions in EA common stock disclosed.
How many EA RSUs does Stuart Canfield hold after this reported grant?
After the reported grant, Canfield holds 60,309 Restricted Stock Units. The Form 4 indicates these RSUs are held directly and there are no additional derivative positions listed for him in this particular filing.