Kelly Eric Charles 4
Research Summary
AI-generated summary
Electronic Arts (EA) Chief Accounting Officer Eric Kelly Receives Award
What Happened
Chief Accounting Officer Kelly (listed as Kelly Eric Charles) was granted/received three performance-based restricted stock unit (RSU) awards on May 11, 2026: 1,531 RSUs, 1,563 RSUs and 1,303 RSUs, totaling 4,397 units. The filing reports these as derivative acquisitions (price N/A). Under the company’s disclosures, these RSUs are performance-based and represent a contingent right to one share each; some awards were earned upon Compensation Committee certification and either settled into shares or will vest and settle after applicable service-based vesting periods.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-21 (appears late vs. the usual 2-business-day Form 4 window).
- Awards: 1,531; 1,563; 1,303 RSUs — total 4,397 RSUs. Reported as derivative acquisitions (price = N/A).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote summary:
- F1: Each RSU = contingent right to one EA common share.
- F2: RSUs granted June 16, 2023 — were earned on performance certification and vested/settled following service vesting.
- F3: RSUs granted June 17, 2024 — earned on certification; will vest/settle after service vesting.
- F4: RSUs granted June 16, 2025 — earned on certification; will vest/settle after service vesting.
- Filing timeliness: filed 10 days after the reported transaction date; this may be a late Form 4 filing.
Context
Performance-based RSUs are contingent awards tied to company performance metrics and service; they are not open-market buys or sales and do not necessarily indicate immediate insider buying or selling. One of the earlier grants (2023) was certified and settled into shares, while the 2024 and 2025 awards remain subject to service-based vesting before settlement.