Take-Two (TTWO) Form 144 Discloses 20,000-Share Sale; Prior 45,000 Sold
Rhea-AI Filing Summary
The Form 144 notice shows that an insider-related holder plans to sell 20,000 shares of common stock of the issuer through Merrill Lynch on 08/27/2025. The filing reports an aggregate market value of $4,622,200.00 for those shares and lists 184,470,212 shares outstanding for the company. The securities were originally acquired on 06/15/2010 by vesting of an award granted to ZelnickMedia (a partnership including Mr. Zelnick) as a compensatory event.
The filing also discloses a recent sale on 08/26/2025 by the Zelnick/Belzberg Living Trust of 45,000 shares for $10,401,053.99. The form includes the standard insider representation about lacking undisclosed material information and is signed under penalty of law.
Positive
- None.
Negative
- Insider selling: Proposed sale of 20,000 shares on 08/27/2025 and prior sale of 45,000 shares on 08/26/2025, signaling meaningful disposals by related parties.
- Cash realized: The 08/26/2025 sale generated $10,401,053.99, a material absolute-dollar divestiture from the trust.
Insights
TL;DR Insider-related holders disclosed planned and recent sales totaling 65,000 shares, indicating meaningful disposal of long-held equity.
The filing documents a proposed sale of 20,000 shares via Merrill Lynch on 08/27/2025 and a prior sale of 45,000 shares on 08/26/2025 with gross proceeds of $10,401,053.99. The securities were originally acquired on 06/15/2010 through vesting of a compensatory award to ZelnickMedia. From a market-impact perspective, 65,000 shares represent a small percentage of the issuer's stated 184,470,212 outstanding shares, but the dollar amounts are material in absolute terms and may be monitored for short-term trading interest.
TL;DR Disclosures show rule-compliant insider sales from long-held compensatory awards; no non-public material information is claimed.
The Form 144 properly identifies the nature of acquisition as a compensatory vesting to ZelnickMedia on 06/15/2010 and specifies broker, dates, and proceeds for recent activity. The filing includes the required attestation that the seller does not possess undisclosed material information. There is no indication in this document of exceptions, trading plans, or other governance irregularities; the record is procedural and focused on compliance with Rule 144 notice requirements.