Wilson Andrew 4
Research Summary
AI-generated summary
Electronic Arts CEO Andrew Wilson Sells 5,000 Shares
What Happened
- Andrew Wilson, Chairman & CEO (and Director) of Electronic Arts Inc. (EA), sold a total of 5,000 EA shares in open‑market transactions on February 17, 2026. The filing shows two dispositions: 4,900 shares at $199.48 each ($977,466) and 100 shares at $200.18 each ($20,018), for a combined value of $997,484. These were sales (not purchases), which are often routine liquidity transactions.
Key Details
- Transaction date: 2026-02-17 (both sales).
- Reported share lots: 4,900 shares @ $199.48 = $977,466; 100 shares @ $200.18 = $20,018.
- Reported total value: $997,484 (roughly $1.0M).
- Footnote (F1): Sales were effected pursuant to a 10b5‑1 trading plan established by Mr. Wilson and the Wilson Family Trust on August 1, 2025.
- Footnote (F2): Filing notes a weighted average sale price and states actual sale prices ranged from $199.17 to $200.03; EA offers to provide a per‑price breakdown to the SEC or a security holder.
- Footnotes (F3, F4): Some shares are held in family trusts (Wilson Family 2015 Trust and a trust for descendants); Mr. Wilson maintains investment control and pecuniary interest in those trust shares.
- Shares owned after transaction: Not specified in the information provided.
- Filing timeliness: No late‑filing flag shown in the provided filing.
Context
- These sales were made under a prearranged 10b5‑1 plan (established Aug 1, 2025), which typically means the trades were scheduled in advance and are generally considered routine rather than a direct signal of the insider’s short‑term view. Sales do not necessarily imply negative sentiment; purchases are generally more informative about insider bullishness.