Jacob J. Schatz - Feb 15, 2024 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief Legal Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For Jacob J. Schatz
Stock symbol
EA
Transactions as of
Feb 15, 2024
Transactions value $
-$143,240
Form type
4
Date filed
2/15/2024, 07:41 PM
Previous filing
Jan 17, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Sale -$143K -1K -4.7% $143.24 20.3K Feb 15, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Schatz on May 11, 2023.