Electronic Arts Inc. ownership disclosure: Pentwater Capital Management LP and Matthew Halbower report 12,807,500 shares of Common Stock, representing 5.1% of the class, based on 250,253,713 shares outstanding as of January 29, 2026. The shares are held by the Pentwater Funds and reported with shared voting and dispositive power of 12,807,500 shares.
The filing is a Schedule 13G joint statement identifying the investment manager and Mr. Halbower as reporting persons; it states the Pentwater Funds hold the right to dividends or proceeds. The signature shows the filing was executed on May 15, 2026.
Positive
None.
Negative
None.
Insights
Pentwater reports a passive >5% stake in EA.
The filing lists 12,807,500 shares (5.1% of the class) held by Pentwater Funds, calculated using 250,253,713 shares outstanding as of January 29, 2026. The report attributes shared voting and dispositive power to the Investment Manager and cites dividend/proceeds rights.
Cash‑flow treatment is not disclosed in the excerpt; future disclosures or amendments could clarify intentions if Pentwater changes to active engagement.
Filing signals a notable passive stake that crosses the 5% reporting threshold.
The statement is filed on behalf of the Investment Manager and Mr. Halbower via a joint filing agreement; signatures are dated May 15, 2026. The cover rows show shared voting and dispositive power of 12,807,500 shares.
Because this is a Schedule 13G, the filing characterizes the position as passive under the Exchange Act; any shift toward active seeking of control would require an updated filing.
Key Figures
Shares held by Pentwater:12,807,500 sharesPercent of class:5.1%Shares outstanding used:250,253,713 shares+1 more
4 metrics
Shares held by Pentwater12,807,500 sharesreported beneficial ownership in Schedule 13G
Percent of class5.1%percentage of Common Stock based on outstanding shares as of <date>January 29, 2026</date>
Shares outstanding used250,253,713 sharesshares outstanding as of <date>January 29, 2026</date> per EA Form 10-Q
Filing date (signature)May 15, 2026signature date on Schedule 13G
Key Terms
Schedule 13G, Beneficial ownership, Shared Dispositive Power
3 terms
Schedule 13Gregulatory
"This statement is filed by: Pentwater Capital Management LP"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownershipfinancial
"Amount beneficially owned: The information required by Item 4(a)"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 12,807,500.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Electronic Arts Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
285512109
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
285512109
1
Names of Reporting Persons
Pentwater Capital Management LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,807,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,807,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,807,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
285512109
1
Names of Reporting Persons
Matthew Halbower
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,807,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,807,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,807,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Electronic Arts Inc.
(b)
Address of issuer's principal executive offices:
209 Redwood Shores Parkway, Redwood City, CA 94065
Item 2.
(a)
Name of person filing:
This statement is filed by:
(i) Pentwater Capital Management LP (the "Investment Manager"), a Delaware limited partnership, and the investment adviser to certain funds (the "Pentwater Funds"), with respect to the shares of common stock, par value $0.001 per share ("Common Stock"), of Electronic Arts, Inc., a Delaware corporation (the "Company"), directly held by the Pentwater Funds; and
(ii) Mr. Matthew Halbower ("Mr. Halbower"), the sole shareholder of MCH PWCM Holdings Inc., the general partner of the Investment Manager, with respect to the shares of Common Stock directly held by the Pentwater Funds.
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."
The filing of this statement should not be construed as an admission that any of the foregoing persons or any Reporting Person is, for the purposes of Section 13 of the Securities and Exchange Act of 1934, the beneficial owner of the securities reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 1001 10th Avenue South, Suite 216, Naples, FL 34102.
(c)
Citizenship:
The Investment Manager is a Delaware limited partnership. Mr. Halbower is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP Number(s):
285512109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 250,253,713 shares of Common Stock outstanding as of January 29, 2026, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2025, filed with the Securities and Exchange Commission on February 3, 2026.
(b)
Percent of class:
5.1%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a). The Pentwater Funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock reported herein.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Pentwater Capital Management LP
Signature:
/s/ Matthew Halbower
Name/Title:
By: MCH PWCM Holdings Inc., General Partner, By: Matthew Halbower, Chief Executive Officer
What stake does Pentwater Capital report in Electronic Arts (EA)?
Pentwater reports ownership of 12,807,500 shares, equal to 5.1% of EA's Common Stock based on January 29, 2026 outstanding share count. The shares are held by the Pentwater Funds and reported via a joint Schedule 13G.
Who filed the Schedule 13G for EA on behalf of Pentwater?
The Schedule 13G was filed by Pentwater Capital Management LP as investment manager and Matthew Halbower as the reporting individual, signing the joint filing agreement on May 15, 2026.
Does the filing state Pentwater controls EA shares or votes them solely?
The cover rows report 0 sole voting power and 12,807,500 shared voting power, indicating shared voting and dispositive authority rather than sole control over the reported shares.
What outstanding share count did the filing use to calculate the 5.1% figure?
The percent is calculated using an aggregate of 250,253,713 shares outstanding as of January 29, 2026, as reported in EA's Form 10-Q for the period ended December 31, 2025.
Does the Schedule 13G disclose Pentwater's intent regarding engagement with EA?
The filing characterizes ownership under Schedule 13G conventions and states the Pentwater Funds have rights to dividends or sale proceeds; it does not disclose any active intent or plans to influence management.
