Form 4: Director Susan Tolson Acquires 396 Shares of Take-Two Interactive Stock

Susan Tolson, a director of Take-Two Interactive Software, acquired 396 shares of common stock on August 16, 2024, as part of the director compensation program.

Summary

• On August 16, 2024, Susan Tolson, a director of Take-Two Interactive Software, acquired 396 shares of the company's common stock.
• The acquisition was part of the director compensation program and the Issuer's 2017 Stock Incentive Plan.
• The shares were granted as restricted common stock and will vest on the first anniversary of the Pricing Date.
• The number of shares was determined based on the dollar value of the award and the average closing prices of the common stock over the thirty trading days prior to August 16, 2024.
• The Pricing Date is defined as the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. There's no indication of significant positive or negative implications.

Positives

• The acquisition of shares by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock vests on the first anniversary of the Pricing Date, which is the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q.

Industry Context

This is a routine filing related to director compensation, which is a common practice among publicly traded companies. It reflects the company's commitment to aligning the interests of its directors with those of its shareholders.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates