| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EA | Common Stock | Sale | -$625K | -5K | -5.69% | $124.91 | 82.8K | Jun 26, 2023 | By Family Trust | F1, F2, F3 |
| holding | EA | Common Stock | 24.2K | Jun 26, 2023 | By Trust | F4 | |||||
| holding | EA | Common Stock | 24.2K | Jun 26, 2023 | By Trust | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Wilson and the Wilson Family Trust on August 31, 2022. |
| F2 | Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $124.69 to $125.13. 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 | Shares are held by the Wilson Family 2015 Trust. Mr. Wilson has investment control over, and pecuniary interest in, all shares held by the Wilson Family 2015 Trust. |
| F4 | Shares are held in trust for the benefit of Mr. Wilson's descendants. Mr. Wilson maintains investment control over the shares held in this trust. |