Form 4: Take-Two Interactive Director Jon J. Moses Acquires 396 Shares of Common Stock

Director Jon J. Moses acquired 396 shares of Take-Two Interactive common stock on August 16, 2024, as part of the director compensation program.

Summary

• On August 16, 2024, Jon J. Moses, a director of Take-Two Interactive Software, Inc., acquired 396 shares of common stock.
• The acquisition was part of the director compensation program and the Issuer's 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 August 16, 2024.
• Following the transaction, Mr. Moses directly owns 22,712 shares of Take-Two Interactive common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.

Future Outlook

The shares of restricted stock vest on the first anniversary of the Pricing Date.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction reflects standard director compensation practices.

Comparison to Industry Standards

• Director compensation packages often include stock grants to align the interests of directors with those of shareholders.
• The vesting schedule of one year is a common practice in the industry.
• Comparing the size of the grant to those of directors at comparable companies like Electronic Arts (EA) or Activision Blizzard (ATVI) would provide further context.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with shareholder value.

Key Dates