Form 4: Take-Two Director Sells Shares Under 10b5-1 Plan

A director at Take-Two Interactive Software Inc. sold 411 shares of common stock for approximately $106,620 under a pre-arranged trading plan.

Summary

• Ellen F. Siminoff, a Director of Take-Two Interactive Software Inc. (TTWO), reported the sale of common stock.
• A total of 411 shares were sold on October 15, 2025, at a price of $259.42 per share.
• The sales were executed pursuant to Rule 10b5-1 trading plans adopted on March 5, 2025.
• The D&E Living Trust sold 268 shares, and the EFS 2020 Irrevocable Trust sold 143 shares.
• Following these transactions, Ellen F. Siminoff beneficially owns 8,255 shares directly, 3,620 shares indirectly through the D&E Living Trust, and 2,860 shares indirectly through the EFS 2020 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While a director selling shares could be seen as slightly negative, the sale was pre-scheduled under a 10b5-1 plan, which indicates it was not based on immediate, non-public information. The volume of shares sold is also relatively small.

Negatives

• A director's sale of shares, even under a pre-arranged plan, reduces their direct equity stake in the company.

Risks

• While a Rule 10b5-1 plan mitigates concerns about insider trading, a director's stock sale could be perceived by some investors as a lack of confidence, though this is typically minor for pre-scheduled sales.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

This insider transaction is a routine disclosure for a public company director and does not inherently reflect broader industry trends or competitive positioning. Such sales are common for executives managing personal portfolios.

Related Party Transactions

• The D&E Living Trust and the EFS 2020 Irrevocable Trust are considered related parties, as Ellen F. Siminoff serves as co-trustee or trustee and retains voting and dispositive power over the shares held by these trusts.

Stakeholder Impact

• Shareholders may note the director's reduction in indirect beneficial ownership, though the impact is likely minimal given the pre-scheduled nature and relatively small volume of the transaction.

Key Dates

Keywords

SEC Form 4, Take-Two Interactive Software, TTWO, insider trading, stock sale, director, 10b5-1 plan, equity transaction