Form 4: Electronic Arts CFO Stuart Canfield Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Electronic Arts' CFO, Stuart Canfield, reports the settlement of restricted stock units and associated tax withholding.

Summary

  • On May 16, 2025, Stuart Canfield, the EVP & Chief Financial Officer of Electronic Arts Inc., settled 1,172 restricted stock units for common stock.
  • Additionally, 406 shares of common stock were withheld to satisfy tax obligations at a price of $149.57.
  • On May 17, 2025, Canfield settled 7,755 restricted stock units for common stock.
  • Furthermore, 3,350 shares of common stock were withheld to cover tax requirements at a price of $151.54.
  • Following these transactions, Canfield directly owns 14,687 shares of Electronic Arts common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and carries a neutral sentiment.

Future Outlook

The remaining Restricted Stock Units shall vest in approximately equal increments every six months until May 17, 2027.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Electronic Arts. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

  • Executive compensation packages including restricted stock units are standard practice among publicly traded companies, including Electronic Arts' competitors like Activision Blizzard, Take-Two Interactive, and Ubisoft.
  • The vesting schedules and tax withholding practices are generally consistent with industry norms for executive compensation.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect the standard compensation practices for executives.
  • Employees holding similar stock units may be interested in the vesting schedule.

Key Dates

DateDescription
05/16/2025Settlement of 1,172 Restricted Stock Units and withholding of 406 shares for taxes.
05/17/2025Settlement of 7,755 Restricted Stock Units and withholding of 3,350 shares for taxes.
05/17/2027Date when remaining Restricted Stock Units will be fully vested.
05/19/2025Date of signature of the Form 4 filing.

Keywords

Electronic Arts, EA, Stuart Canfield, CFO, Form 4, Stock, Restricted Stock Units, Tax Withholding, Beneficial Ownership

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