[144] Take-Two Interactive Software Inc SEC Filing

Rhea-AI Filing Summary

Take-Two Interactive (TTWO) Form 144 notifies the proposed sale of 48,995 shares of common stock through Merrill Lynch on NASDAQ with an aggregate market value of $11,209,566.05. The shares represent a pro rata distribution received 05/30/2025 from ZMC Advisors, L.P. under a management agreement with the issuer; the donor acquired the securities on 06/03/2024. The filer reports 184,470,212 shares outstanding, and indicates no securities sold in the past three months. The planned approximate sale date listed is 08/21/2025. The filing includes the standard signature representation that the seller is unaware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: A disclosed executive/affiliate placement of ~49k shares valued at $11.2M, scheduled for August; appears routine and non-material to market cap.

The filing shows a planned sale of 48,995 common shares via Merrill Lynch with an aggregate value of $11,209,566.05, against 184,470,212 shares outstanding. The shares were acquired by pro rata distribution from ZMC Advisors, L.P. on 05/30/2025. There are no reported sales by the holder in the past three months. For a public equity of this scale, the position size represents a very small percentage of outstanding shares and is unlikely to move the market by itself. The filing fulfills disclosure obligations under Rule 144 and provides transaction provenance.

Corporate Governance Expert

TL;DR: The Form 144 documents a permitted affiliate sale and the required attestation; it raises no governance red flags on its face.

The notice specifies the transfer originated as a distribution to ZMC Advisors, L.P., of which the named individual is a partner, and that the sale will proceed through a broker on NASDAQ. The filer affirms no undisclosed material adverse information. The document is procedural: it records compliance with Rule 144 resale conditions and does not disclose any governance actions, unusual insider sales patterns, or related-party conflicts beyond the disclosed distribution mechanics.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 200 Park Ave New York NY 10166	48995	11209566.05	184470212	08/21/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/30/2025	Pro rata distribution from ZMC Advisors, L.P. under a grant to ZMC Advisors, L.P., of which Mr. Slatoff is a partner, pursuant to a Mgmt Agreement by and between issuer and ZMC Advisors L.P. (ZMC Advisors, L.P. Mgmt Agreement)	Issuer (Grant to ZMC Advisors, L.P.)		06/03/2024	48995		Consideration under ZMC Advisors, L.P. Mgmt Agreement

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the TTWO Form 144 disclose?

It discloses a proposed sale of 48,995 Take-Two shares via Merrill Lynch on NASDAQ, with an aggregate market value of $11,209,566.05 and an approximate sale date of 08/21/2025.

When and how were the TTWO shares acquired?

The shares were acquired on 05/30/2025 as a pro rata distribution to ZMC Advisors, L.P. under a management agreement with the issuer; the donor's acquisition date is listed as 06/03/2024.

How large is the proposed sale relative to outstanding TTWO shares?

The sale is 48,995 shares versus 184,470,212 shares outstanding, representing roughly 0.027% of outstanding common stock.

Does the filer report other sales in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Who is the broker handling the sale?

Broker listed: Merrill Lynch, 200 Park Ave, New York, NY 10166, executing the sale on NASDAQ.