Form 4: Electronic Arts Executive Eric Kelly Reports Stock Transactions
SEC Form 4 Filing
Electronic Arts' Chief Accounting Officer, Eric Kelly, reports multiple transactions involving common stock and derivative securities, including acquisitions, disposals, and settlements of restricted stock units.
Summary
- Eric Kelly, Chief Accounting Officer of Electronic Arts Inc., filed a Form 4 detailing changes in beneficial ownership.
- The transactions occurred on May 16 and 17, 2025.
- Kelly acquired shares through the settlement of performance-based and regular restricted stock units.
- He also disposed of shares to cover tax withholding requirements and through a sale on the open market.
- On May 16, 2025, Kelly sold 2,000 shares of common stock at a price of $151.045 per share.
- Following these transactions, Kelly directly owns 8,168 shares of common stock.
- Kelly also owns derivative securities in the form of restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider trading activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders can use this information to understand the trading activity of a key executive.
- The transactions may have a minor impact on the stock price due to the volume of shares traded.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Multiple transactions involving common stock and derivative securities, including acquisitions, disposals, and settlements of restricted stock units. |
| 05/17/2025 | Acquisition and disposal of common stock related to restricted stock units. |
| 05/19/2025 | Date of the report filing. |
Keywords
Form 4, Electronic Arts, Eric Kelly, Stock Transactions, Beneficial Ownership, Restricted Stock Units, EA
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