Canfield Stuart 4

What Happened

• Stuart Canfield, Chief Financial Officer of Electronic Arts (EA), had 3,188 restricted stock units (RSUs) settle (convert to common shares) on 2026-06-22. The gross value of the vested shares was about $644,454 (3,188 x $202.15). To cover tax withholding, 1,581 shares were withheld and disposed for $319,599, leaving a net issuance of 1,607 shares to Canfield.
• This was not an open-market buy or sale for investment — it is the scheduled vesting/settlement of a previously granted award (the award is fully vested).

Key Details

• Transaction date: 2026-06-22; Form 4 filed 2026-06-23 (timely filing).
• Share/price details: 3,188 RSUs settled at $202.15 per share (gross ≈ $644,454); 1,581 shares withheld for taxes valued at $319,599; net shares delivered ≈ 1,607.
• Transaction codes on the filing: M = exercise/conversion (RSU settlement), F = tax withholding (disposition of shares to cover taxes).
• Footnotes: Each RSU converts to one share at settlement (F1). Shares withheld to satisfy tax withholding (F2). The award was fully vested (F3).
• Shares beneficially owned after the transaction are not specified in the provided Form 4 summary.

Context

• This is a routine equity-award settlement (not a market purchase or a sale driven by trading). When RSUs vest, companies commonly withhold shares to satisfy tax obligations; that is what occurred here (cashless tax withholding). Such vesting reflects compensation realization rather than a directional bet on the stock.