8-KOther Events

ELECTRONIC ARTS INC. 8-K Report (Feb 11, 2003)

Filed February 11, 2003For Securities:EA

Summary

This Form 8-K filing by Electronic Arts Inc. (EA) on February 10, 2003, primarily serves to furnish the CEO and CFO certifications accompanying their Form 10-Q for the quarterly period ended December 31, 2002. While it doesn't disclose new financial performance details or significant business events, the filing is important for compliance with Regulation FD (Fair Disclosure). Investors should note that these certifications attest to the accuracy of the financial information and disclosures within the 10-Q, providing a layer of executive accountability. The core purpose of this filing is to ensure that any material information previously released in the 10-Q is made accessible to all investors simultaneously. The certifications themselves are a procedural requirement that underscores management's commitment to transparency and accurate financial reporting, which are crucial considerations for investor confidence.

Key Highlights

  • 1Filing Date: February 10, 2003, reporting on events from February 6, 2003.
  • 2Primary Purpose: Furnishing CEO and CFO certifications for the Form 10-Q filing for the quarter ending December 31, 2002.
  • 3Regulation FD Compliance: The filing is made under Item 9 to comply with Regulation FD, ensuring broad public disclosure.
  • 4No New Financial Data: This 8-K does not introduce new financial results or material business updates beyond what is in the accompanying 10-Q.
  • 5Executive Accountability: Certifications attest to the accuracy and completeness of financial disclosures in the 10-Q.
  • 6Corporate Governance: Reinforces management's commitment to transparent financial reporting.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish the certifications of EA's Chief Executive Officer and Chief Financial Officer, which accompany their Form 10-Q filing for the quarterly period ended December 31, 2002. This action is taken to comply with Regulation FD, ensuring broad public disclosure of these certifications.

No, this 8-K filing does not disclose new financial results or material business updates. Its content is limited to providing the CEO and CFO certifications related to the previously filed Form 10-Q for the quarter ending December 31, 2002.

These certifications are important because they represent a formal attestation by the company's top executives that the financial information and disclosures in the accompanying SEC filings (in this case, the 10-Q) are accurate, complete, and fairly present the company's financial condition and results of operations. This adds a layer of accountability and reassures investors about the reliability of the reported information.

Regulation FD (Fair Disclosure) is an SEC rule designed to prevent selective disclosure of material non-public information by public companies. It requires that when a company discloses material non-public information to certain individuals or groups (like securities analysts or institutional investors), it must also make that information public simultaneously.