Electronic Arts (EA) CEO awarded new performance-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Electronic Arts Inc. reported that Chairman & CEO Andrew Wilson acquired three blocks of performance-based restricted stock units, each representing a contingent right to receive one share of common stock. The awards cover 65,527 units expiring on May 20, 2026, 25,835 units expiring on May 16, 2027, and 23,514 units expiring on May 16, 2028.
According to the footnotes, these units were originally granted in 2023, 2024, and 2025 and were earned after the compensation committee certified performance conditions tied to net bookings, non-GAAP operating income, and relative total shareholder return. One award has already vested and settled into common shares, while the others will vest and settle after a service-based vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wilson Andrew
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-based Restricted Stock Units | 65,527 | $0.00 | -- |
| Grant/Award | Performance-based Restricted Stock Units | 25,835 | $0.00 | -- |
| Grant/Award | Performance-based Restricted Stock Units | 23,514 | $0.00 | -- |
Holdings After Transaction:
Performance-based Restricted Stock Units — 65,527 shares (Direct, null)
Footnotes (1)
- Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock. Represents performance-based restricted stock units granted on June 16, 2023 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings, non-GAAP operating income and relative TSR. The performance-based restricted stock units vested and settled for a like amount of shares of common stock following a service-based vesting period. Represents performance-based restricted stock units granted on June 17, 2024 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period. Represents performance-based restricted stock units granted on June 16, 2025 and earned upon the certification of the Company's Compensation Committee of certain performance conditions with respect to net bookings and non-GAAP operating income. The performance-based restricted stock units will vest and settle for a like amount of shares of common stock following a service-based vesting period.
Key Figures
Performance RSUs grant: 65,527 units
Performance RSUs grant: 25,835 units
Performance RSUs grant: 23,514 units
+1 more
4 metrics
Performance RSUs grant
65,527 units
Performance-based restricted stock units expiring May 20, 2026
Performance RSUs grant
25,835 units
Performance-based restricted stock units expiring May 16, 2027
Performance RSUs grant
23,514 units
Performance-based restricted stock units expiring May 16, 2028
Underlying common stock per unit
1 share
Each unit represents one share of EA common stock
Key Terms
Performance-based Restricted Stock Unit, net bookings, non-GAAP operating income, relative TSR, +1 more
5 terms
Performance-based Restricted Stock Unit financial
"Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
net bookings financial
"performance conditions with respect to net bookings, non-GAAP operating income and relative TSR"
Net bookings measure the total value of contracts, orders or subscriptions a company signs during a period after subtracting cancellations, returns and other order-level reductions; it counts what customers have committed to buy rather than what has already been recorded as revenue. Think of it like a restaurant’s confirmed reservations and menu orders after accounting for no-shows — it signals demand, future sales and business momentum, giving investors a view of upcoming revenue potential.
non-GAAP operating income financial
"performance conditions with respect to net bookings, non-GAAP operating income and relative TSR"
Non-GAAP operating income is a measure of a company's profit from its core business activities, calculated by excluding certain expenses or income that are not part of regular operations. It provides a clearer picture of how well the business is performing by focusing on ongoing operations, helping investors compare companies more consistently and make better-informed decisions.
relative TSR financial
"performance conditions with respect to net bookings, non-GAAP operating income and relative TSR"
service-based vesting period financial
"will vest and settle for a like amount of shares of common stock following a service-based vesting period"
FAQ
What insider transaction did EA Chairman & CEO Andrew Wilson report?
Andrew Wilson reported acquiring three grants of performance-based restricted stock units. These units give him rights to receive common shares in Electronic Arts after performance and service conditions are met.
How many performance-based restricted stock units did EA grant to Andrew Wilson?
Andrew Wilson acquired 65,527, 25,835, and 23,514 performance-based restricted stock units. Each unit represents the right to receive one share of Electronic Arts common stock upon vesting and settlement.
What performance metrics are tied to Andrew Wilson’s EA stock unit awards?
The awards are tied to performance metrics including net bookings, non-GAAP operating income, and relative total shareholder return. These metrics must be certified by the compensation committee before units are earned.
When do Andrew Wilson’s EA performance-based stock units expire and vest?
The awards are scheduled to expire in 2026, 2027, and 2028. After performance conditions are earned, the units vest and settle into common shares following an additional service-based vesting period.
Did EA’s CEO buy or sell common stock in this Form 4?
This Form 4 reports grant or award acquisitions of performance-based restricted stock units, not open-market stock purchases or sales. One earned award has already vested and settled into common shares, while others vest over time.