EA CFO exercises RSUs, sells 1,500 shares
Electronic Arts EVP & CFO Stuart Canfield reported a set of compensation-related stock transactions.
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Form Type
4
Rhea-AI Filing Summary
Electronic Arts EVP & CFO Stuart Canfield reported a set of compensation-related stock transactions. He exercised 30,414 performance-based restricted stock units into common shares, then had 15,081 shares withheld to cover tax obligations on the vesting. He also sold 1,500 shares of common stock at $201.36 per share in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, he directly holds 25,991 shares of Electronic Arts common stock.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Canfield Stuart
Role
EVP & Chief Financial Officer
Sold
1,500 shs ($302K)
Approx. gross sale proceeds
$302K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-based Restricted Stock Units | 30,414 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,414 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,081 | $201.70 | $3.04M |
| Sale | Common Stock | 1,500 | $201.36 | $302K |
Holdings After Transaction:
Performance-based Restricted Stock Units — 0 contracts (Direct);
Common Stock — 25,991 shares (Direct)
Footnotes (4)
- F1. Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based Restricted Stock Units in shares of common stock on their scheduled vesting date.
- F2. Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
- F3. This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Canfield on May 29, 2025.
- F4. Represents performance-based restricted stock units granted on June 16, 2023 that were earned based on certain performance conditions.
Key Figures
Open-market sale: 1,500 shares at $201.36/share
RSUs settled: 30,414 units
Tax withholding shares: 15,081 shares at $201.70/share
+2 more
5 metrics
Open-market sale
1,500 shares at $201.36/share
Common Stock sale on 2026-05-20
RSUs settled
30,414 units
Performance-based RSUs converted to common stock
Tax withholding shares
15,081 shares at $201.70/share
Shares withheld to satisfy tax obligations
Shares held after transactions
25,991 shares
Direct ownership following reported trades
Exercise shares
30,414 shares
Common stock received from derivative exercise
Key Terms
Performance-Based Restricted Stock Unit, Rule 10b5-1 trading plan, tax withholding requirements, open-market sale
4 terms
Performance-Based Restricted Stock Unit financial
"Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock."
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.
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Canfield on May 29, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding requirements financial
"Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EA CFO Stuart Canfield report in this Form 4 filing?
Stuart Canfield reported vesting of 30,414 performance-based restricted stock units into common shares, tax withholding of 15,081 shares, and an open-market sale of 1,500 shares. These transactions reflect routine equity compensation activity and a small discretionary sale.
What happened to Stuart Canfield’s performance-based restricted stock units at EA?
30,414 performance-based restricted stock units were settled into an equal number of EA common shares when they vested. A footnote explains these units were earned based on performance conditions and converted into stock on their scheduled vesting date.
Was the EA CFO’s stock sale made under a Rule 10b5-1 plan?
Yes. A footnote states the 1,500-share sale was effected under a Rule 10b5-1 trading plan established by Stuart Canfield on May 29, 2025. Such plans pre-schedule trades, reducing the significance of the exact timing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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