Form 4: Director Paul Viera Increases Take-Two Equity Stake

Take-Two Interactive director Paul Viera acquired 103 shares of common stock in lieu of his quarterly cash retainer.

Summary

• Director Paul E. Viera acquired 103 shares of Take-Two Interactive Software, Inc. (TTWO) common stock on April 1, 2026.
• The shares were granted as part of the company's 2017 Stock Incentive Plan.
• The acquisition was made in lieu of the director's quarterly cash retainer and committee fees.
• The shares were fully vested upon grant at a price of $0 per share.
• Following this transaction, Mr. Viera holds 17,180 shares directly, with additional indirect holdings through Earnest Institutional LLC and The PEV Revocable Living Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing reflecting standard director compensation practices.

Positives

• Demonstrates director confidence in the company by opting for equity compensation over cash.
• Alignment of director interests with long-term shareholder value.

Negatives

• None identified.

Risks

• General market risks associated with the video game industry.
• Reliance on the performance of the 2017 Stock Incentive Plan.

Future Outlook

No specific forward-looking guidance provided in this filing.

Management Comments

• The reporting person elected to receive shares in lieu of the quarterly non-employee director cash retainer and applicable committee fees.

Industry Context

StockSavvy.ai notes that it is common practice for board members in the gaming and technology sectors to elect equity-based compensation to demonstrate alignment with shareholder interests.

Comparison to Industry Standards

• The practice of electing stock in lieu of cash retainers is consistent with corporate governance standards at major S&P 500 companies like Electronic Arts and Activision Blizzard.
• The transaction size is immaterial relative to the total market capitalization of Take-Two Interactive.

Related Party Transactions

• Disclosure of indirect holdings through Earnest Institutional LLC and The PEV Revocable Living Trust.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation election.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

Take-Two Interactive, TTWO, Insider Trading, Form 4, Director Compensation, Equity Incentive Plan