Form 4: Electronic Arts Inc. Executive Eric Charles Kelly Sells 3,000 Shares
SEC Form 4 Filing
Electronic Arts Inc.'s Chief Accounting Officer, Eric Charles Kelly, sold 3,000 shares of common stock at an average price of $133.7497 on May 22, 2024.
Summary
- On May 22, 2024, Eric Charles Kelly, the Chief Accounting Officer of Electronic Arts Inc. (EA), sold 3,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $133.7497 per share, with individual sales prices ranging from $133.70 to $133.89.
- Following the transaction, Kelly directly owns 7,458 shares of Electronic Arts Inc.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on May 23, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. This sale by an Electronic Arts executive is a normal part of executive compensation and portfolio management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of the stock sale transaction. |
| 05/23/2024 | Date the Form 4 was filed with the SEC. |
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