Vijayanthimala Singh - Aug 28, 2024 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Vijayanthimala Singh
Stock symbol
EA
Transactions as of
Aug 28, 2024
Transactions value $
-$1,106,920
Form type
4
Date filed
8/29/2024, 04:54 PM
Previous filing
Jul 2, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Sale -$1.11M -7.38K -19.14% $149.91 31.2K Aug 28, 2024 By Family Trust F1, F2, F3
* 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 Ms. Singh and the Singh-Force Family Trust on May 29, 2024.
F2 Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $149.32 to $150.00. 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 Singh-Force Family Trust. Ms. Singh has investment control over, and pecuniary interest in, all shares held by the Singh-Force Family Trust.