ELECTRONIC ARTS INC.·4

May 21, 5:24 PM ET

Schatz Jacob J. 4

4 · ELECTRONIC ARTS INC. · Filed May 21, 2026

Research Summary

AI-generated summary of this filing

Updated

Electronic Arts EVP Jacob Schatz Receives Performance Stock Awards

What Happened
Jacob J. Schatz, EVP, Global Affairs and Chief Legal Officer of Electronic Arts (EA), was awarded a total of 24,517 performance-based restricted stock units (RSUs) on May 11, 2026. The grants are broken down as 14,649 RSUs, 5,166 RSUs, and 4,702 RSUs. No per-share price or cash value is reported (N/A) because these are equity awards, not open-market trades.

Key Details

  • Transaction date: May 11, 2026 (Form 4 filed May 21, 2026 — filing marked late).
  • Awards: 14,649 RSUs + 5,166 RSUs + 4,702 RSUs = 24,517 total RSUs. Price: N/A (awards).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes of note:
    • F1: Each RSU represents a contingent right to one share of EA common stock.
    • F2: The 14,649 RSUs relate to a June 16, 2023 performance grant that were earned and (per footnote) vested and settled into like amounts of common stock following a service-based vesting period.
    • F3: The 5,166 RSUs relate to a June 17, 2024 performance grant that were earned and will vest/settle after a service-based vesting period.
    • F4: The 4,702 RSUs relate to a June 16, 2025 performance grant that were earned and will vest/settle after a service-based vesting period.
  • Timeliness: The Form 4 was filed 10 days after the report date (May 21 filing for May 11 transactions), marked as late — this delays public disclosure of the awards.

Context

  • These are performance-based RSUs (not open-market purchases or sales). They convert to shares only if performance and service vesting conditions are met (and per F2, one earlier tranche already vested/settled).
  • Awards and settlements are a form of compensation and don’t necessarily signal immediate insider sentiment about the stock.

Insider Transaction Report

Form 4
Period: 2026-05-11
Schatz Jacob J.
EVP, Global Affairs and CLO
Transactions
  • Award

    Performance-based Restricted Stock Units

    [F1][F2]
    2026-05-11+14,64914,649 total
    Exp: 2026-05-20Common Stock (14,649 underlying)
  • Award

    Performance-based Restricted Stock Units

    [F1][F3]
    2026-05-11+5,1665,166 total
    Exp: 2027-05-16Common Stock (5,166 underlying)
  • Award

    Performance-based Restricted Stock Units

    [F1][F4]
    2026-05-11+4,7024,702 total
    Exp: 2028-05-16Common Stock (4,702 underlying)
Footnotes (4)
  • [F1]Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock.
  • [F2]Represents performance-based restricted stock units granted on June 16, 2023 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings, non-GAAP operating income and relative TSR. The performance-based restricted stock units vested and settled for a like amount of shares of common stock following a service-based vesting period.
  • [F3]Represents performance-based restricted stock units granted on June 17, 2024 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period.
  • [F4]Represents performance-based restricted stock units granted on June 16, 2025 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period.
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For Jacob J. Schatz|2026-05-21

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT