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.