Take-Two (TTWO) Form 144 Files Planned Sale of 808 RSU Shares
Rhea-AI Filing Summary
Form 144 submitted for Take-Two Interactive Software, Inc. (TTWO). The filer proposes the sale of 808 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $198,978.08, listing approximately 184,470,212 shares outstanding. The securities were acquired on 06/14/2013 as Restricted Stock Units. The proposed approximate date of sale is 09/15/2025. The filing also discloses prior Rule 10b5-1 sales during June–August 2025 totaling multiple small transactions and associated gross proceeds specified per sale.
Positive
- Acquisition disclosed: Securities were acquired as Restricted Stock Units on 06/14/2013, providing clear provenance of the position.
- Prior 10b5-1 sales reported: Multiple 10b5-1 transactions in June–August 2025 are listed with amounts and gross proceeds, supporting transparency.
Negative
- None.
Insights
TL;DR: Routine Form 144 disclosing a planned sale of 808 shares acquired as RSUs, with prior 10b5-1 transactions in mid-2025.
The filing is procedural: it notifies the SEC and market of an intended sale under Rule 144. Key compliance details are present—acquisition date and nature (Restricted Stock Units), broker identification (Morgan Stanley Smith Barney LLC), and an approximate sale date. The filing also lists recent 10b5-1 sales by related trusts with specific dates, quantities, and gross proceeds, which supports transparency about recent dispositions.
TL;DR: Disclosure aligns with insider/trust sale reporting norms and provides clear identifiers for the proposed disposition.
The notice includes essential governance-related particulars: relationship to issuer is noted, the securities’ original issuance as RSUs is disclosed, and the seller represents no undisclosed material adverse information. The presentation of multiple 10b5-1 sales (dates, numbers, proceeds) indicates prearranged trading plans were used for recent dispositions, which is standard practice for insiders or related trusts.
FAQ
What does the Form 144 for TTWO report?
How were the shares being sold acquired?
Through which broker will the sale be executed?
Were there recent sales of the issuer's stock by related parties?
How many shares outstanding does the filing cite?