Form 4: Take-Two Interactive Director Sells Shares Under Pre-Arranged Trading Plan

Ellen F. Siminoff, a Director at Take-Two Interactive Software Inc., sold 411 shares of common stock for $230.95 per share on June 16, 2025, through pre-arranged Rule 10b5-1 trading plans.

Summary

• Ellen F. Siminoff, a Director of Take-Two Interactive Software Inc. (TTWO), reported the sale of common stock.
• On June 16, 2025, a total of 411 shares were disposed of at a price of $230.95 per share.
• The sales were executed pursuant to Rule 10b5-1 trading plans adopted on March 5, 2025.
• 268 shares were sold by the D&E Living Trust, which is indirectly beneficially owned by Ms. Siminoff.
• 143 shares were sold by the EFS 2020 Irrevocable Trust, also indirectly beneficially owned by Ms. Siminoff.
• Following these transactions, Ms. Siminoff directly holds 6,835 shares of Common Stock.
• Indirect beneficial ownership after the transactions includes 4,696 shares held by the D&E Living Trust and 3,434 shares held by the EFS 2020 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider selling can sometimes be viewed negatively, the fact that these sales were conducted under a pre-arranged Rule 10b5-1 plan mitigates concerns that the sales are based on new, adverse information, making it a routine disclosure.

Positives

• The sale of shares was conducted under a pre-arranged Rule 10b5-1 trading plan, which indicates the transaction was scheduled in advance and not based on new, material non-public information.

Negatives

• The transaction represents insider selling, which can sometimes be perceived by investors as a lack of confidence, although the 10b5-1 plan mitigates this interpretation.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction disclosure specific to Take-Two Interactive Software Inc. and does not provide broader industry trends or competitive analysis.

Related Party Transactions

• The sales were conducted by the D&E Living Trust and the EFS 2020 Irrevocable Trust, both of which are indirectly beneficially owned and controlled by the reporting person, Ellen F. Siminoff, making them related parties to the transaction.

Stakeholder Impact

• Shareholders may observe the insider selling, but the pre-arranged nature of the Rule 10b5-1 plan suggests it is not indicative of a change in management's confidence in the company's prospects.

Key Dates

Recommendation

Keywords

Take-Two Interactive Software, TTWO, SEC Form 4, Insider Trading, Stock Sale, Director, Ellen F. Siminoff, Rule 10b5-1 Plan, Beneficial Ownership