Form 4: Electronic Arts EVP Stuart Canfield Reports Stock Transactions

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

Summary

• Stuart Canfield, EVP & Chief Financial Officer of Electronic Arts Inc., reported transactions involving common stock and restricted stock units on June 22, 2024.
• A total of 6,377 restricted stock units were settled, resulting in the acquisition of 6,377 shares of common stock.
• Additionally, 3,162 shares were disposed of to satisfy tax withholding requirements at a price of $139.06 per share.
• Following these transactions, Canfield directly owns 12,053 shares of common stock and 12,754 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure of facts.

Industry Context

This filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's a standard practice for publicly traded companies and their officers.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares, but the effect is likely minimal.

Key Dates