Form 4: Electronic Arts Executive Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Jacob J. Schatz, EVP at Electronic Arts, sold shares of common stock on May 15, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Jacob J. Schatz, an Executive Vice President at Electronic Arts Inc., sold shares of the company's common stock on May 15, 2025.
- The sales were executed under a 10b5-1 trading plan established on May 29, 2024.
- A total of 1,500 shares were sold in three separate transactions at weighted average prices of $147.99, $149.5773, and $150.4267.
- Following the reported transactions, Mr. Schatz beneficially owns 17,533 shares of Electronic Arts common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of acting on non-public information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date Mr. Schatz established the 10b5-1 trading plan |
| 05/15/2025 | Date of the reported stock sales |
Keywords
Electronic Arts, EA, Jacob J. Schatz, Form 4, Share Sale, 10b5-1 Trading Plan, Executive, Insider Trading
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