Form 4: Take-Two Director Moses Receives Annual Stock Award

Take-Two Interactive Software Director Jon J. Moses was granted 967 shares of restricted common stock as an annual award, vesting on October 1, 2026.

Summary

• Jon J. Moses, a Director of Take-Two Interactive Software Inc. (TTWO), acquired 967 shares of common stock.
• The transaction occurred on October 1, 2025, and represents an annual award of restricted common stock.
• The shares were granted to non-employee directors under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan.
• The acquired shares are scheduled to vest on October 1, 2026.
• Following this transaction, Jon J. Moses beneficially owns 22,868 shares of common stock.
• The acquisition price for these shares was $0, indicating a grant rather than a purchase.

Sentiment

Score: 6

Explanation: The filing reports a routine, expected annual stock award to a director, which is a positive for aligning management interests with shareholders but does not indicate significant new developments for the company's financial performance or strategic direction.

Positives

• The grant of restricted stock aligns the interests of Director Jon J. Moses with those of shareholders, as the value of his compensation is tied to the company's stock performance.
• This is a standard practice for compensating non-employee directors, indicating adherence to established corporate governance practices.

Future Outlook

The 967 shares of restricted common stock granted to Director Jon J. Moses are scheduled to vest on October 1, 2026, subject to the terms of the company's 2017 Stock Incentive Plan.

Industry Context

The granting of restricted stock to non-employee directors is a common compensation practice across various industries, including the interactive entertainment sector, to attract and retain qualified board members and align their long-term interests with company performance.

Comparison to Industry Standards

• This type of equity compensation for non-employee directors is a widely accepted practice, comparable to compensation structures seen at other publicly traded companies in the technology and entertainment sectors, such as Electronic Arts (EA) or Activision Blizzard (ATVI) before its acquisition.

Corporate Governance

Related Party Transactions

• The acquisition of restricted common stock by Jon J. Moses, a Director of Take-Two Interactive Software Inc., constitutes a related party transaction as it involves compensation provided to a member of the company's board.

Stakeholder Impact

• Shareholders: The grant of restricted stock to a director helps align their interests with those of shareholders, potentially encouraging decisions that enhance long-term stock value.
• Employees: No direct impact on general employees is indicated by this specific filing.

Next Steps

• The 967 restricted common shares will vest on October 1, 2026, at which point they will become fully owned by Jon J. Moses.

Key Dates

Recommendation

This Form 4 filing details a routine, annual restricted stock award to a non-employee director, which is a standard compensation practice. It does not present new information that would materially alter the company's fundamental valuation or strategic outlook, thus a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

Take-Two Interactive Software, TTWO, Jon J. Moses, Director, Restricted Stock, Stock Award, Insider Transaction, SEC Form 4, Equity Compensation, Corporate Governance