Miele Laura 4
Research Summary
AI-generated summary
EA (Electronic Arts) President Laura Miele Receives RSUs; 24,508 Shares Withheld
What Happened
- Laura Miele, President of EA Entertainment at Electronic Arts (EA), had 49,427 performance-based restricted stock units (PBRSUs) vest and convert into 49,427 shares on May 20, 2026. To satisfy tax withholding, 24,508 of those shares were withheld and disposed of at $201.70 per share, producing $4,943,264. The net shares delivered to Miele were 24,919 (49,427 vested − 24,508 withheld).
- These were settlement transactions of previously granted performance-based RSUs (granted June 16, 2023) that were earned after meeting performance conditions, not an open-market purchase or discretionary sale.
Key Details
- Transaction date: May 20, 2026. Form filed: May 22, 2026 (appears timely).
- Vesting/conversion: 49,427 PBRSUs converted into 49,427 shares (transaction code M).
- Tax withholding: 24,508 shares withheld/disposed at $201.70 per share for $4,943,264 (transaction code F).
- Net shares received by insider: 24,919 shares.
- Footnotes: F1/F3 — PBRSUs settle one-for-one and were performance-based awards granted 6/16/2023; F2 — shares withheld to satisfy tax withholding.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- This was a standard RSU vesting and tax-withholding event — common for executives when performance awards pay out. The withholding is not a market sale decision by the insider but a method the company uses to cover tax obligations. No open-market sale or purchase was reported in this filing.