Miele Laura 4

What Happened

• Laura Miele, President of EA Entertainment at Electronic Arts (EA), sold a total of 2,500 EA shares in open-market transactions on Feb 17, 2026, for aggregate proceeds of about $498,825 (weighted avg price $199.52; actual sales ranged $199.20–$200.18). She also acquired 195 shares on Feb 13, 2026, under EA’s Employee Stock Purchase Plan (ESPP) at $109.10 per share for $21,274. The open-market sales were effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transactions reported: Feb 13, 2026 (acquisition of 195 ESPP shares at $109.10; total $21,274); Feb 17, 2026 (sales of 2,480 shares at weighted avg $199.52 for $494,812 and 20 shares at $200.67 for $4,013; combined ~2,500 shares for ~$498,825).
• Sale pricing: weighted average $199.52; per-footnote range $199.20–$200.18.
• Footnotes: F1 = ESPP purchase; F2 = Feb 17 sale executed pursuant to a 10b5-1 plan established Aug 8, 2025; F3 = weighted avg and price range disclosure.
• Shares owned after the reported transactions: not specified in the supplied filing details.
• Filing date: Form 4 filed Feb 18, 2026, reporting the Feb 13 purchase and Feb 17 sales.

Context

• ESPP purchases are payroll/special-plan buys and often reflect routine participation in company plans, not necessarily a market-timing signal.
• Sales done under a 10b5-1 plan are pre-planned trades that insiders set up in advance; they are typically considered mechanistic rather than a contemporaneous statement about views on the stock.
• This filing shows both a small ESPP purchase and a larger pre-planned sale; the purchase is informative but the sale was executed under a 10b5-1 plan (pre-arranged).