Take-Two (TTWO) Insider Filing: 198 Vested Shares to Be Sold
Rhea-AI Filing Summary
Form 144 filing for Take-Two Interactive Software, Inc. (TTWO): The notice reports a proposed sale of 198 common shares through Fidelity Brokerage Services, with an aggregate market value of $46,227.06 and an approximate sale date of 08/18/2025 on NASDAQ. The shares were acquired on 08/16/2025 upon restricted stock vesting from the issuer and paid as compensation. The filing shows 184,470,212 shares outstanding for the class. It also discloses a sale of 200 common shares on 06/02/2025 by Michael Sheresky, generating gross proceeds of $45,106.00. The filer affirms no undisclosed material adverse information and references Rule 10b5-1 language where applicable.
Positive
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Negative
- None.
Insights
TL;DR: Routine insider sale notice: small post-vesting sale of shares with standard Rule 144 disclosure; unlikely to be material to the company.
The filing documents a proposed sale of 198 vested restricted shares valued at $46,227.06, with the securities acquired two days earlier as compensation. The transaction is being routed through Fidelity and is scheduled for NASDAQ. The notice also records a nearby prior sale of 200 shares for $45,106. These values and quantities are explicit and limited in scale relative to the reported 184,470,212 outstanding shares, indicating the disclosure is procedural rather than company-changing. Compliance language and representation regarding material non-public information are present.
TL;DR: Filing follows required insider reporting protocols after restricted stock vesting; contains standard attestations and broker details.
The form identifies the acquisition type (restricted stock vesting) and payment nature (compensation), meeting Rule 144 content requirements. Broker information (Fidelity Brokerage Services) and the intended exchange (NASDAQ) are provided, and the signer represents no undisclosed material adverse information, with mention of Rule 10b5-1 plan adoption/instruction fields. From a governance standpoint, the document provides the necessary transparency about insider liquidity events without revealing additional governance actions.
FAQ
What securities does the TTWO Form 144 propose to sell?
When were the shares acquired and how were they obtained?
What is the proposed sale date and broker for the TTWO shares?
How many shares outstanding does the filing report for the class?
Were there any recent related sales disclosed?