Miele Laura 4
4 · ELECTRONIC ARTS INC. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Electronic Arts (EA) President Laura Miele Sells 2,500 Shares, Receives RSU Award
What Happened
Laura Miele, President, Enterprise Development at Electronic Arts Inc., sold 2,500 shares in an open-market transaction on June 15, 2026, for a weighted average price of $203.10, totaling about $507,762. On the same date she was granted 60,309 restricted stock units (RSUs); these are derivative awards that convert to one share each at settlement and have a multi-year vesting schedule.
Key Details
- Transaction dates: June 15, 2026 (reported June 16, 2026). Filing appears timely (next-day filing).
- Sale: 2,500 shares sold, weighted average price $203.10; actual sale prices ranged $202.90–$203.21. Total proceeds ≈ $507,762. (Footnote F2)
- Award: 60,309 RSUs granted (derivative award; each RSU = one share at settlement). (Footnote F3)
- Vesting: RSUs vest one-third on May 15, 2027, with the remainder vesting in roughly equal six-month increments until fully vested on May 15, 2029. (Footnote F4)
- Plan: The sale was executed under a pre-established 10b5-1 trading plan set up August 8, 2025. (Footnote F1)
- Shares owned after the transaction: Not specified in the filing.
Context
RSUs are awards that convert to shares only as they vest, so the 60,309 units are not immediately tradable stock. Sales made under a 10b5-1 plan are prearranged and routine; they provide a mechanism for insiders to sell but do not by themselves indicate the insider’s current view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-15$203.10/sh−2,500$507,762→ 73,513 total - Award
Restricted Stock Units
[F3][F4]2026-06-15+60,309→ 60,309 totalExp: 2029-05-15→ Common Stock (60,309 underlying)
Footnotes (4)
- [F1]This sale was effected pursuant to a 10b5-1 trading plan established by Ms. Miele on August 8, 2025.
- [F2]Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $202.90 to $203.21. Electronic Arts Inc. undertakes to provide to the staff of the S.E.C. or a security holder full information regarding the number of shares purchased or sold at each separate price.
- [F3]Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock.
- [F4]Restricted Stock Units shall vest as to one-third on May 15, 2027, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 15, 2029.