Form 4: Take-Two Interactive Director Susan Tolson Acquires Shares Under Stock Incentive Plan

Sentiment:

SEC Form 4


Director Susan Tolson acquired 310 shares of Take-Two Interactive common stock on February 14, 2025, as part of the company's director compensation program.

Summary

  • On February 14, 2025, Susan Tolson, a director of Take-Two Interactive Software, Inc., acquired 310 shares of common stock.
  • The acquisition was made under the company's Director compensation program and 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 is used to determine the number of shares, is defined as the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q.
  • The number of shares was determined based on the dollar value of the award and the average closing prices of the common stock over the thirty trading days prior to February 14, 2025.
  • Following the transaction, Ms. Tolson beneficially owns 30,639 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 to positively as it aligns director interests with shareholders. The sentiment is moderately positive due to the director increasing their stake in the company.

Positives

  • The acquisition of shares by a director signals confidence in the company's future performance.
  • The stock incentive plan aligns the interests of directors with those of shareholders.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This type of stock acquisition by a director is a common practice in publicly traded companies as part of their compensation and incentive programs. It is designed to align the interests of the company's leadership with those of its shareholders.

Stakeholder Impact

  • The stock acquisition by a director can have a slightly positive impact on shareholders as it signals confidence in the company's future.

Key Dates

DateDescription
02/14/2025Date of transaction: Susan Tolson acquired 310 shares of common stock.
02/19/2025Date of signature on the SEC Form 4 filing.

Keywords

Take-Two Interactive, Director, Stock Acquisition, Susan Tolson, TTWO, Stock Incentive Plan, Restricted Stock, Beneficial Ownership

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