Form 4: Take-Two Interactive Director Acquires Shares Under Stock Incentive Plan

Michael Dornemann, a director at Take-Two Interactive Software, acquired 310 shares of common stock on February 14, 2025, as part of the company's director compensation program.

Summary

• On February 14, 2025, Michael Dornemann, a director of Take-Two Interactive Software, acquired 310 shares of common stock.
• The acquisition was made under the company's Director compensation program and 2017 Stock Incentive Plan.
• The shares were granted as restricted common stock and will 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 over the thirty trading days prior to February 14, 2025.
• Following the transaction, Dornemann directly owns 21,432 shares of Take-Two Interactive Software.
• The pricing date was the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. There is no indication of positive or negative sentiment.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The stock incentive plan aligns the interests of directors with those of shareholders.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This type of stock acquisition by a company director is a common practice in publicly traded companies as part of their compensation and incentive programs. It is designed to align the interests of the management with the shareholders.

Stakeholder Impact

• The acquisition of shares by a director can have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

Take-Two Interactive, Director Compensation, Stock Incentive Plan, Michael Dornemann, Share Acquisition, TTWO, Form 4