Form 4: Take-Two Director Siminoff Acquires 96 Shares

Take-Two Interactive Software Director Ellen F. Siminoff acquired 96 shares of common stock as part of her compensation plan, bringing her direct beneficial ownership to 8,351 shares.

Summary

• Ellen F. Siminoff, a Director of Take-Two Interactive Software Inc. (TTWO), acquired 96 shares of common stock.
• The acquisition occurred on January 1, 2026, at a price of $0 per share.
• These shares were granted under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan.
• The shares were granted in lieu of her quarterly non-employee director cash retainer and applicable committee fees, at her election.
• The granted shares were fully vested upon receipt.
• Following this transaction, Ms. Siminoff directly beneficially owns 8,351 shares of common stock.
• She also indirectly beneficially owns 3,080 shares through the D&E Living Trust and 2,573 shares through the EFS 2020 Irrevocable Trust.

Sentiment

Score: 6

Explanation: This filing reports a routine equity grant to a director as part of their compensation, which is a standard practice and generally viewed as neutral to slightly positive as it aligns director interests with shareholders.

Positives

• Director Ellen F. Siminoff received 96 shares of common stock as compensation, further aligning her interests with shareholders.
• The shares were fully vested upon grant, indicating immediate ownership and no future vesting conditions.

Future Outlook

NA

Industry Context

This transaction represents a routine equity compensation event for a non-employee director, a common practice across various industries to align management and director interests with those of shareholders.

Comparison to Industry Standards

• The grant of equity in lieu of cash compensation for non-employee directors is a standard practice in corporate governance, aligning director incentives with long-term company performance, similar to practices at companies like Electronic Arts (EA) or Activision Blizzard (ATVI) for their board members.

Related Party Transactions

• Indirect beneficial ownership of 3,080 shares through the D&E Living Trust, where the Reporting Person and David Siminoff serve as co-trustees and retain voting and dispositive power.
• Indirect beneficial ownership of 2,573 shares through the EFS 2020 Irrevocable Trust, where the Reporting Person serves as trustee and holds voting and dispositive power.

Stakeholder Impact

• Shareholders: The director's interests are further aligned with shareholders through the receipt of equity compensation.
• Management: The compensation structure for directors reinforces a focus on long-term company performance.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to a director as part of their compensation, which is a standard practice and does not provide new fundamental information to warrant a change in investment recommendation. It indicates continued director engagement and alignment with shareholder interests, but does not alter the underlying investment thesis for Take-Two Interactive Software Inc.

Keywords

Take-Two Interactive, TTWO, Ellen Siminoff, Director, Stock Grant, Equity Compensation, Form 4, Insider Transaction