Laura Miele - May 1, 2023 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief Operating Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Laura Miele
Stock symbol
EA
Transactions as of
May 1, 2023
Transactions value $
-$190,920
Form type
4
Date filed
5/3/2023, 09:26 PM
Previous filing
Apr 4, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Sale -$191K -1.5K -5.6% $127.28 25.3K May 1, 2023 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 Ms. Miele on May 18, 2022.