Form 4: Jon J. Moses Acquires 400 Shares of Take-Two Interactive Stock
SEC Form 4 Filing
Director Jon J. Moses acquired 400 shares of Take-Two Interactive Software, Inc. stock on May 30, 2024, as part of the director compensation program.
Summary
- Jon J. Moses, a director of Take-Two Interactive Software, Inc., acquired 400 shares of common stock on May 30, 2024.
- 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 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 on the thirty trading days prior to May 30, 2024.
- Following the transaction, Moses directly owns 22,381 shares of Take-Two Interactive stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of significant positive or negative implications.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.
Future Outlook
The restricted stock vests on the first anniversary of the Pricing Date, suggesting a commitment to the company's long-term performance.
Industry Context
Director stock acquisitions are common and often tied to compensation packages, aligning director interests with shareholder value.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of transaction: Jon J. Moses acquired 400 shares of Take-Two Interactive stock. |
| 06/03/2024 | Date of filing: Form 4 filing date. |
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