Form 4: Director Ellen Siminoff Trades Take-Two Stock

Director Ellen F. Siminoff reported transactions involving Take-Two Interactive Software, Inc. common stock, including the acquisition of shares in lieu of director fees and the sale of shares under a 10b5-1 plan.

Summary

• Ellen F. Siminoff, a Director at Take-Two Interactive Software, Inc. (TTWO), has reported transactions related to the company's common stock.
• On July 1, 2026, Siminoff acquired 104 shares of common stock, valued at $0, under the company's 2017 Stock Incentive Plan. These shares were granted in lieu of her quarterly non-employee director cash retainer and committee fees and were fully vested upon grant.
• Also on July 1, 2026, Siminoff disposed of 167 shares of common stock at a price of $252.53 per share. This sale was conducted under a Rule 10b5-1 trading plan.
• The disposed shares were held by two trusts: the D&E Living Trust and the EFS 2020 Irrevocable Trust. Siminoff, along with David Siminoff, are co-trustees of the D&E Living Trust, retaining voting and dispositive power. Siminoff is the sole trustee of the EFS 2020 Irrevocable Trust, holding voting and dispositive power.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, reflecting routine insider transactions and compensation practices rather than significant strategic shifts or performance indicators.

Positives

• Acquisition of 104 shares of common stock granted under an incentive plan, indicating continued equity participation.
• Shares acquired were fully vested upon grant, providing immediate benefit.
• Transactions were executed under a Rule 10b5-1 trading plan, suggesting pre-planned and orderly management of holdings.

Negatives

• Disposal of 167 shares of common stock, indicating a reduction in direct beneficial ownership.
• The sale of shares at $252.53 per share represents a significant value transaction.

Risks

• The sale of shares under a 10b5-1 plan, while a standard practice, can sometimes be interpreted by the market as a signal of reduced confidence by insiders, although this is not explicitly stated as the reason for the sale.
• Potential for market perception of insider selling, even if executed under a pre-arranged plan.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Management Comments

• Shares were granted under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan in lieu of the quarterly non-employee director cash retainer and applicable committee fees at the election of the Reporting Person, which shares were fully vested upon grant.
• Sale of shares pursuant to a Rule 10b5-1 trading plan adopted by the D&E Living Trust and the EFS 2020 Irrevocable Trust on February 19, 2026.
• Shares held directly by the D&E Living Trust. The Reporting Person and David Siminoff serve as co-trustees and retain voting and dispositive power with respect to the shares held by the D&E Living Trust.
• Shares held directly by the EFS 2020 Irrevocable Trust. The Reporting Person serves as trustee and holds voting and dispositive power with respect to these shares.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for public company insiders and directors. The use of a Rule 10b5-1 plan for sales is a common strategy to diversify holdings or manage personal finances while adhering to insider trading regulations. The acquisition of shares in lieu of cash compensation is also a prevalent practice for non-employee directors in the technology and entertainment sectors, aligning director interests with shareholder value.

Related Party Transactions

• The D&E Living Trust, where Ellen F. Siminoff and David Siminoff are co-trustees, holds shares. Ellen F. Siminoff is the sole trustee of the EFS 2020 Irrevocable Trust.

Stakeholder Impact

• Shareholders: The sale of shares by a director may be perceived by some shareholders as a negative signal, although the use of a 10b5-1 plan mitigates concerns about insider trading. The acquisition of shares in lieu of cash compensation aligns director interests with long-term shareholder value.
• Employees: No direct impact on employees is indicated by this filing.
• Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

• Continued monitoring of insider transactions for any patterns or significant changes in beneficial ownership.
• Review of future SEC filings for updates on Take-Two Interactive Software, Inc.'s performance and strategic direction.

Key Dates

Keywords

Take-Two Interactive Software, TTWO, Form 4, Insider Trading, Stock Transaction, Director Compensation, Rule 10b5-1, Ellen F. Siminoff, Beneficial Ownership, Stock Incentive Plan