Form 4: Take-Two Interactive Director Paul Viera Reports Acquisition of Shares

Director Paul Viera reports acquiring shares of Take-Two Interactive common stock through a restricted stock grant and shares in lieu of cash compensation.

Summary

• On February 14, 2025, Paul Viera, a director of Take-Two Interactive Software, Inc., acquired 422 shares of common stock.
• These shares were obtained through a restricted stock grant under the Director compensation program and the Issuer's 2017 Stock Incentive Plan.
• 310 shares vest on the first anniversary of the Pricing Date, and 112 shares were granted in lieu of cash compensation and are fully vested.
• The price of the acquired shares was $0.
• Following the transaction, Mr. Viera directly owns 15,235 shares.
• Mr. Viera also indirectly owns 74 shares through Earnest Institutional LLC and 75,000 shares through The PEV Revocable Living Trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation. The acquisition of shares by a director is generally viewed positively, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
• The grant of restricted stock aligns the director's interests with those of the shareholders.

Industry Context

Insider transactions are common in publicly traded companies and are closely monitored by regulators and investors for insights into management's perspective on the company's prospects.

Stakeholder Impact

• The acquisition of shares by a director can have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Take-Two Interactive, Director, Paul Viera, Stock Acquisition, Common Stock, Beneficial Ownership, Restricted Stock, Form 4