Form 4: Ellen F. Siminoff Reports Acquisition of Take-Two Interactive Shares

Director Ellen F. Siminoff reports acquisition of 435 Take-Two Interactive shares through restricted stock grant and election in lieu of cash compensation.

Summary

• Ellen F. Siminoff, a director of Take-Two Interactive Software, Inc., reported acquiring 435 shares of common stock on February 14, 2025.
• The acquisition includes shares from a restricted stock grant under the Director compensation program and the Issuer's 2017 Stock Incentive Plan.
• 310 shares of restricted stock vest on the first anniversary of the Pricing Date.
• 125 shares were granted in lieu of cash compensation and were fully vested upon grant.
• The grant date was February 14, 2025, and 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 February 14, 2025.
• Siminoff also indirectly owns 3,576 shares through the D&E Living Trust and 3,720 shares through the EFS 2020 Irrevocable Trust.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it reflects a director increasing their stake in the company, suggesting confidence in its future performance. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's outlook.

Positives

• The acquisition of shares demonstrates the director's continued investment in the company.
• The election to receive shares in lieu of cash compensation indicates a belief in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of shares suggests a positive outlook from the director.

Industry Context

Director stock acquisitions are common and often viewed positively, indicating confidence in the company's prospects. This filing is a routine disclosure required by the SEC.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.
• The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates