Form 4: Take-Two Interactive Director Michael Sheresky Acquires 400 Shares of Common Stock

Director Michael Sheresky acquired 400 shares of Take-Two Interactive common stock on May 30, 2024, as part of the director compensation program.

Summary

• Michael Sheresky, a director of Take-Two Interactive Software, Inc., acquired 400 shares of common stock on May 30, 2024.
• 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 pricing date, which determined the number of shares, was based on the average closing prices of the common stock over the thirty trading days prior to May 30, 2024, specifically the fifth trading day following the filing of the Issuer's Annual Report on Form 10-K.
• Following the transaction, Sheresky directly owns 64,391 shares of Take-Two Interactive common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating standard corporate governance practices. There is no indication of unusual or concerning activity.

Industry Context

This Form 4 filing is a routine disclosure related to director compensation, which is a common practice in publicly traded companies. It provides transparency into the equity holdings of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard part of director compensation.

Key Dates