Form 4: Director Susan Tolson Acquires 400 Shares of Take-Two Interactive Stock

Susan Tolson, a director of Take-Two Interactive Software, acquired 400 shares of common stock on May 30, 2024, as part of the director compensation program.

Summary

• On May 30, 2024, Susan Tolson, a director of Take-Two Interactive Software, acquired 400 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 pricing date, which is used to determine the number of shares, was May 30, 2024, and is based on the average closing prices of the common stock over the thirty trading days prior to that date.
• Following the transaction, Ms. Tolson directly owns 29,570 shares of Take-Two Interactive Software.
• The transaction was reported on June 3, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction related to director compensation, which can be seen as a sign of confidence in the company, but it's not a major event.

Positives

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

Future Outlook

The restricted stock will vest on the first anniversary of the pricing date, May 30, 2024.

Industry Context

Director share acquisitions are common in publicly traded companies as part of compensation packages to align the interests of directors with those of shareholders.

Stakeholder Impact

• The acquisition of shares by a director can have a minor positive impact on shareholder sentiment.

Key Dates