Kelly Eric Charles 4
Research Summary
AI-generated summary
Electronic Arts (EA) Chief Accounting Officer Eric Kelly Converts RSUs
What Happened
- Eric Kelly, Chief Accounting Officer of Electronic Arts (EA), had a total of 5,518 restricted/performance stock units convert into common shares on May 16–17, 2026. To satisfy tax withholding, 2,000 of those shares were withheld at $200.64 per share, a withholding value of $401,280, leaving a net issuance of 3,518 shares to Kelly.
- These transactions reflect scheduled vesting/settlement of restricted and performance-based restricted stock units rather than an open-market sale or purchase.
Key Details
- Transaction dates: May 16–17, 2026.
- Conversion (code M): 5,518 RSU/PSU units converted into shares (individual conversions: 1,563; 712; 1,303; 727; 1,213).
- Tax withholding (code F): 2,000 shares withheld and disposed to cover taxes at $200.64/share — total $401,280 (breakdowns: 541, 256, 451, 332, 420 shares with corresponding $ amounts).
- Net shares delivered to insider: 3,518 shares.
- Shares owned after transaction: not specified in the provided summary (see the Form 4 for total holdings).
- Footnotes: transactions represent settlement of restricted and performance-based RSUs (F1–F3); some awards referenced were granted June 17, 2024 and June 16, 2025 and follow scheduled vesting (F4–F8). F2 indicates shares were withheld to satisfy tax obligations.
- Filing timeliness: Form 4 filed May 19, 2026 for transactions on May 16–17, 2026 — appears to be filed within the required reporting window.
Context
- Code M indicates conversion/settlement of derivative awards (RSUs/PSUs) into shares; code F indicates share withholding to meet tax withholding obligations. This is a routine vesting/withholding event and not an open-market sale signaling immediate liquidity or investment intent.