Take-Two (TTWO) Insider Sale Notice: 10,000 Shares via Merrill Lynch
Rhea-AI Filing Summary
Take-Two Interactive (TTWO) Rule 144 notice reports a proposed sale of 10,000 shares of common stock through Merrill Lynch with an aggregate market value of $2,399,600. The filing lists approximately 184,470,212 shares outstanding and an approximate sale date of 08/28/2025 on "NASDQ." The 10,000 shares were acquired as compensatory stock awards from the issuer on 06/01/2023 in four award lots that sum to 10,000 shares. The filing also discloses recent sales by Helaine Goldstein of 39,729 shares on 06/02/2025 for $8,947,884.56 and 20,000 shares on 08/28/2025 for $4,611,800.00. Several issuer and filer identification fields are blank in the provided content.
Positive
- Full disclosure of acquisition details showing dates and nature of awards for the 10,000 shares
- Brokered sale disclosed with broker name and aggregate market value provided
- Prior sale history provided for Helaine Goldstein including dates and gross proceeds, aiding transparency
Negative
- Missing filer and issuer identification fields in the provided content reduce clarity and completeness
- Insider selling disclosed (59,729 shares sold in recent transactions) which could be perceived negatively by some investors
Insights
TL;DR: Routine Rule 144 sale of insider shares; size is small relative to float and appears procedural rather than transformational.
The notice documents a proposed sale of 10,000 shares acquired as compensatory awards in 2023. At an aggregate value of $2.4 million against 184.47 million shares outstanding, this sale represents a de minimis percentage of the outstanding shares and is unlikely to move market valuation on its own. Prior sales disclosed by Helaine Goldstein total 59,729 shares in the period shown, with significant gross proceeds, which investors may note for insider liquidity context. The filing lacks some issuer and filer identification details, limiting issuer-specific interpretation.
TL;DR: Filing shows compliant disclosure of insider-originated sales; missing filer identifiers reduce clarity for governance review.
The document provides required Rule 144 details: acquisition dates, nature of acquisition (compensatory awards), broker information, and recent sales by the named seller. This supports transparency around insider dispositions. However, key fields under "Filer Information" and several issuer identification lines are blank in the supplied content, which should be completed to fully satisfy governance due diligence. No allegations of material non-public information are asserted by the signer in the remarks section.