Form 4: Take-Two Interactive Director Michael Sheresky Acquires Shares Through Stock Grant

Sentiment:

SEC Form 4


Director Michael Sheresky 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

  • Michael Sheresky, a director of Take-Two Interactive Software, Inc., acquired 310 shares of common stock on February 14, 2025.
  • 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 at a price of $0.
  • The shares vest on the first anniversary of the pricing date.
  • Following the transaction, Sheresky directly owns 65,051 shares of Take-Two Interactive common stock.

Sentiment

Score: 6

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

Positives

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

Industry Context

This filing is a routine disclosure of a director's stock acquisition, which is a common practice in publicly traded companies as part of executive compensation.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
02/14/2025Grant date of restricted common stock and transaction date.
02/19/2025Date of signature on the Form 4 filing.

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