Schatz Jacob J. 4

What Happened Jacob J. Schatz, EVP, Global Affairs and Chief Legal Officer of Electronic Arts (EA), had restricted stock units (RSUs) settle on May 16–17, 2026. A total of 13,815 shares were issued upon vesting. To satisfy tax withholding, 6,104 shares were withheld at $200.64 per share (total withholding ≈ $1,224,706), leaving a net delivery of about 7,711 shares to Mr. Schatz. These transactions are settlements of RSU awards (not open-market purchases or sales).

Key Details

• Transaction dates: May 16 and May 17, 2026; Form 4 filed May 19, 2026.
• Conversion/settlement (transaction code M): 13,815 shares issued (3,562 + 6,618 on 5/16; 3,635 on 5/17).
• Tax withholding (transaction code F): 6,104 shares withheld (1,232 + 3,069 on 5/16; 1,803 on 5/17) at $200.64/share, total ≈ $1,224,706.
• Net shares delivered to insider: ~7,711 shares.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1–F5 indicate these were scheduled RSU vestings (some awards vest one‑third on May 16/17 with remaining tranches thereafter; one award noted as fully vested). F2 notes shares were withheld to satisfy tax withholding.

Context

• These are award settlements (RSUs converting to shares) rather than open‑market trades. The shares withheld to cover tax liabilities are routine and not a sale for investment purposes. Transaction codes: M = conversion/exercise of a derivative award (here, RSU settlement), F = shares withheld for tax payment.