Huber Jeff 4

What Happened

• Jeff Huber, a director of Electronic Arts (EA), was granted and immediately exercised an option that resulted in 102 EA shares. The exercise is reported as: 102 shares acquired via exercise/conversion (code M) at $202.09 each (total $20,613). The grant (code A) was recorded at $183.82 per share (102 shares = $18,750) and was issued in lieu of Board cash compensation. The filing also shows 102 shares disposed at $0 in connection with the exercise; no open‑market sale proceeds are reported.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (timely filing).
• Reported entries: Award/grant (A) — 102 shares at $183.82 ($18,750); Exercise/conversion (M) — 102 shares at $202.09 ($20,613) acquired; 102 shares disposed at $0 (derivative).
• Footnotes: F1 — the option was immediately exercised. F2 — the option was issued in lieu of $18,750 of Board cash compensation.
• Shares owned after the transaction: not disclosed in the provided filing.

Context

• This was an option award issued instead of board cash pay and was immediately exercised by the director. The disposal at $0 suggests the transaction was not an open‑market sale (no sale proceeds reported) and likely reflects internal netting or settlement tied to the exercise rather than a sell-to-market. The dollar value is modest (~$20.6K), typical for routine director compensation.