Miele Laura 4

What Happened

• Laura Miele, President of EA Entertainment, had Restricted Stock Units (RSUs) vest on May 16–17, 2026. Three RSU settlements converted into 5,181, 8,824 and 4,847 shares (total 18,852 shares).
• To satisfy tax withholding, 1,822, 4,375 and 2,404 shares (total 8,601 shares) were withheld at $200.64 per share, representing roughly $1,725,705. Net new shares added to her beneficial ownership = 10,251 shares.
• These actions were recorded on a Form 4 (filed May 19, 2026) and are settlements of compensation awards rather than open-market sales or purchases.

Key Details

• Transaction dates: May 16, 2026 (two settlements and tax withholdings) and May 17, 2026 (one settlement and withholding). Withholding price reported: $200.64/share.
• Shares received (gross): 5,181 + 8,824 + 4,847 = 18,852 shares.
• Shares withheld for taxes (disposed): 1,822 + 4,375 + 2,404 = 8,601 shares; total withholding value ≈ $1,725,705.
• Net shares added to beneficial ownership: 10,251 shares.
• Footnotes: F1–F3 confirm these were RSU settlements (1 RSU = 1 share) and that one award is fully vested; F4 and F5 describe the scheduled vesting for other awards (staggered vesting through 2027–2028). F2 notes the withheld shares satisfy tax withholding obligations.
• Filing: Form 4 filed May 19, 2026 (covers transactions on May 16–17, 2026). The filing itself does not show a separate open-market sale — the dispositions are tax withholdings, not sales to third parties.

Context

• These transactions reflect routine RSU vesting and cashless tax withholding (common for executive compensation). The “M” entries reflect conversion/settlement of derivative awards (RSUs) into shares; “F” entries indicate shares withheld to cover taxes.
• Such withholding does not necessarily signal a change in insider sentiment; it is a standard method to satisfy tax obligations when awards vest.