Form 4: Electronic Arts Director Richard A. Simonson Reports Stock Transactions
SEC Form 4 Filing
Director Richard A. Simonson reports transactions involving Electronic Arts Inc. stock, including the exercise of stock options and vesting of restricted stock units.
Summary
- Richard A. Simonson, a director of Electronic Arts Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 1, 2024, Simonson exercised non-qualified stock options to acquire 139 shares of common stock at a price of $148.4.
- Also on August 1, 2024, 2,126 restricted stock units vested, each representing the right to receive one share of Electronic Arts Inc. common stock.
- Following these transactions, Simonson directly owns 73,620 shares of Electronic Arts Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of earliest transaction: exercise of stock options and vesting of restricted stock units. |
| 08/05/2024 | Date of Form 4 filing. |
| 08/10/2024 | Expiration date of Restricted Stock Units. |
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