Form 4: Electronic Arts Executive Sells 1,500 Shares Under 10b5-1 Trading Plan

Sentiment:

SEC Form 4 Filing


Jacob J. Schatz, EVP, Global Affairs and CLO of Electronic Arts Inc., sold 1,500 shares of common stock at a price of $145.645 per share on April 15, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

  • On April 15, 2025, Jacob J. Schatz, the EVP, Global Affairs and CLO of Electronic Arts Inc., sold 1,500 shares of the company's common stock.
  • The sale was executed at a price of $145.645 per share.
  • Following the transaction, Schatz directly owns 19,033 shares of Electronic Arts common stock.
  • The sale was conducted under a 10b5-1 trading plan established on May 29, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an executive stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies. They are often pre-planned and executed under 10b5-1 trading plans to avoid accusations of insider trading. The market typically views these sales in the context of the executive's overall holdings and the company's performance.

Key Dates

DateDescription
May 29, 2024Date Mr. Schatz established the 10b5-1 trading plan
April 15, 2025Date of the stock sale transaction

Keywords

Electronic Arts, EA, Jacob J. Schatz, Form 4, 10b5-1 trading plan, executive stock sale, insider trading

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