Kelly Eric Charles 4

What Happened

• Eric Kelly, Chief Accounting Officer of Electronic Arts, had 1,531 performance-based stock units (PSUs) settle into common shares on May 20, 2026 (conversion of derivative, transaction code M). To satisfy tax withholding, 760 of those shares were withheld and reported as disposed (code F) at $201.70 per share, totaling $153,292. The net shares issued to Kelly were 771 (1,531 settled minus 760 withheld). The PSUs were performance awards granted June 16, 2023 and earned based on specified performance conditions.

Key Details

• Transaction date: 2026-05-20; Filing date: 2026-05-22.
• Converted/settled: 1,531 PSUs -> 1,531 shares (code M).
• Shares withheld for taxes: 760 shares at $201.70/share = $153,292 (code F).
• Net shares issued to insider: 771 shares (1,531 - 760).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 = PSU settlement into shares; F2 = shares withheld to satisfy tax withholding; F3 = PSUs were granted 6/16/2023 and earned on performance.
• Filing timeliness: filed two days after the transaction (no late filing flag shown).

Context

• This was a scheduled PSU vesting/settlement (an award being settled into stock), not an open-market purchase or a voluntary sale. The withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate a change in insider sentiment. Transaction codes: M = exercise/conversion of derivative (here, settlement of PSUs); F = payment of tax liability via share withholding.