secwatch.observer — SEC 8-K summary
======================================

Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0000712515-24-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EA amends PRSU metrics for FY2025; adds Absolute TSR component, switches TSR index to S&P 500
--------------------------------------------------------------------------------

- Compensation Committee approves FY2025 PRSUs for Section 16 officers, including CEO Andrew Wilson; grant date June 17, 2024.
- Relative TSR metric benchmark changed from NASDAQ-100 to S&P 500 Index.
- New Absolute TSR PRSUs added: up to 75% of target base PRSUs; threshold requires absolute TSR >25% over 3 years.
- Existing metrics (Net Bookings, Operating Income, Relative TSR) and weightings unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251524000016/0000712515-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251524000016/ea-20240514.htm
  HTML page:      https://secwatch.observer/filing/0000712515-24-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer