Canfield Stuart 4

What Happened Stuart Canfield, Chief Financial Officer of Electronic Arts (EA), sold 1,500 shares in an open-market transaction on Feb 17, 2026 for $199.90 per share (total reported $299,843). Earlier, on Feb 13, 2026 he acquired 195 shares through EA’s Employee Stock Purchase Plan at $109.10 per share (total reported $21,274). The sale was larger in dollar value; the ESPP purchase is a modest employee-plan acquisition.

Key Details

• Sale: Feb 17, 2026 — 1,500 shares sold at $199.90 each; total reported $299,843. (Transaction code S)
• Purchase: Feb 13, 2026 — 195 shares acquired at $109.10 each; total reported $21,274. (Transaction code J; ESPP purchase)
• Footnotes: ESPP acquisition per Electronic Arts 2000 Employee Stock Purchase Plan (F1). The sale was executed under a 10b5-1 trading plan established May 29, 2025 (F2).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form 4 filed Feb 18, 2026 — appears timely based on reported transaction dates (no late filing indicated).

Context

• The Feb 13 purchase was an ESPP purchase (routine employee plan contribution), which is typically a payroll-driven acquisition rather than a market-timing signal.
• The Feb 17 sale was effected under a pre-established 10b5-1 trading plan, indicating the transaction was pre-arranged and routine rather than an ad hoc insider sale.
• For retail investors: purchases under ESPP are small and common; the larger sale here was pre-planned and does not, by itself, indicate a change in company outlook.