Form 4: Take-Two Director Gordon Boosts Stake

Take-Two Interactive Software director William B. Gordon acquired 1,033 shares of common stock, primarily through an annual restricted stock award and a cash retainer conversion.

Summary

• William B. Gordon, a Director of Take-Two Interactive Software Inc. (TTWO), acquired 1,033 shares of common stock.
• The transaction occurred on October 1, 2025.
• The acquisition increased his total beneficial ownership to 61,930 shares.
• The shares were acquired at a price of $0 per share, indicating a grant rather than a market purchase.
• The acquisition comprises an annual award of 967 restricted shares under the Issuer's 2017 Stock Incentive Plan, scheduled to vest on October 1, 2026.
• An additional 66 shares of common stock were granted in lieu of the quarterly non-employee director cash retainer and applicable committee fees, which were fully vested upon grant.

Sentiment

Score: 7

Explanation: The filing indicates a routine increase in beneficial ownership by a director through stock grants, which is generally viewed positively as it aligns management interests with shareholders. The shares are part of a compensation plan, not a direct market purchase, making the sentiment moderately positive rather than strongly positive.

Positives

• Director William B. Gordon increased his beneficial ownership in Take-Two Interactive Software Inc. by 1,033 shares, further aligning his interests with shareholders.
• The grant of 66 shares in lieu of cash compensation demonstrates the director's confidence in the company's equity value.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

This filing details a routine insider transaction related to director compensation and does not provide broader industry context or trends.

Comparison to Industry Standards

• NA

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• Grant of 967 restricted common stock shares and 66 common stock shares to Director William B. Gordon as part of his compensation package under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased equity ownership.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Vesting of 967 restricted common stock shares on October 1, 2026, subject to the terms of the Issuer's 2017 Stock Incentive Plan.

Key Dates

Recommendation

This Form 4 filing details a routine stock grant to a non-employee director as part of their compensation package. While it increases insider ownership, it does not represent a direct market purchase or signal a significant change in company fundamentals or outlook. Therefore, it does not warrant a change in investment recommendation based solely on this disclosure.

Keywords

Take-Two Interactive, TTWO, Insider Trading, Form 4, Stock Grant, Director Compensation, Restricted Stock