Canfield Stuart 4

What Happened

• Canfield Stuart, Chief Financial Officer of Electronic Arts (EA), was the recipient of three performance-based restricted stock unit (RSU) awards reported on May 11, 2026, totaling 35,459 RSUs (19,668 + 8,267 + 7,524). The Form 4 records these as acquisitions (awards/derivative instruments); no cash price per share or dollar value is disclosed in the filing.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 21, 2026 (filed 10 days after the reported transaction).
• Awards: 19,668 RSUs (related to a June 16, 2023 grant that, per the footnote, were earned and vested/settled for shares after certification); 8,267 RSUs (related to a June 17, 2024 grant, earned upon certification but will vest/settle after a service-based vesting period); 7,524 RSUs (related to a June 16, 2025 grant, earned upon certification but will vest/settle after a service-based vesting period).
• Footnote summary: Each performance-based RSU represents a contingent right to one share of EA common stock; some units have already been settled to shares (2023 grant) while others remain subject to future service-based vesting.
• Shares owned after the transaction: Not specified in the provided excerpt.
• Filing timeliness: The Form 4 was filed late relative to the May 11 transaction (filed May 21); late filings are reportable and can draw SEC attention or procedural follow-up.

Context

• These transactions are awards (not open-market purchases or sales) and primarily reflect compensation tied to performance metrics (net bookings, non-GAAP operating income, and/or relative TSR per footnotes). Awards and RSU settlements do not necessarily indicate an insider trading signal in the same way as market purchases or sales.