Miele Laura 4

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.