Form 4: Take-Two Interactive Director Jon J. Moses Acquires Shares Through Restricted Stock Grant

Director Jon J. Moses acquired 310 shares of Take-Two Interactive common stock on February 14, 2025, through a restricted stock grant as part of the director compensation program.

Summary

• On February 14, 2025, Jon J. Moses, a director of Take-Two Interactive Software, Inc., acquired 310 shares of common stock.
• The acquisition was a result of a restricted stock grant under the company's Director compensation program and the 2017 Stock Incentive Plan.
• The shares were granted on February 14, 2025, and the number of shares was determined based on the average closing prices of the common stock over the thirty trading days prior to that date.
• The restricted stock vests on the first anniversary of the pricing date.
• Following the transaction, Mr. Moses directly owns 23,385 shares of Take-Two Interactive common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The stock grant aligns director interests with shareholders, which is a positive but not significantly impactful event.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Industry Context

Director compensation through stock grants is a common practice in the industry to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock grants are a typical component of director compensation packages across the technology and entertainment industries.
• Companies like Activision Blizzard and Electronic Arts also utilize stock grants as part of their director compensation programs.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates