Electronic Arts (EA) Director Jeff Huber Sells 3,636 Shares
$EA · ELECTRONIC ARTS INC.Research Summary
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Electronic Arts (EA) Director Jeff Huber Sells 3,636 Shares
What Happened
Jeff Huber, a director of Electronic Arts Inc., disposed of a total of 3,636 company-equivalent shares in connection with EA's merger closing on August 4, 2026. The filing shows 2,184 outstanding shares were cancelled for $210.00 per share (cash = $458,640) and 1,452 restricted stock units (RSUs) were converted into the right to receive $210.00 each (cash = $304,920), for a combined cash consideration of $763,560. These were dispositions to the issuer under the merger agreement, not open-market sales.
Key Details
- Transaction date: August 4, 2026 (Effective Time of the merger).
- Price: $210.00 per share (common shares and, per footnote, RSUs) — one entry showed N/A for price but the merger agreement sets $210.
- Shares/units: 2,184 common shares + 1,452 RSUs = 3,636 total.
- Cash received: $458,640 (common shares) + $304,920 (RSUs) = $763,560 total.
- Transaction code: D (Disposition to the issuer) — shares/RSUs converted for cash under the Merger Agreement.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: filed for the transaction date of Aug 4, 2026 (no late filing indicated).
- Footnotes: F1 describes the merger consideration ($210/share) for outstanding common stock; F2 confirms vested and director RSUs were converted into $210 cash per share.
Context
This was a merger-related cash-out: outstanding common stock and RSUs were cancelled and converted into a fixed cash payment per the Merger Agreement (Oak-Eagle acquisition). That means these dispositions reflect contract conversion at closing, not an independent trading decision by the director. Derivative entry refers to RSUs being settled/cancelled for cash rather than shares.