Take-Two Form 144 Discloses 20,000-Share Sale and Insider Sale Details
Rhea-AI Filing Summary
Form 144 for Take-Two Interactive (TTWO) shows a proposed sale of 20,000 shares of Common Stock through Merrill Lynch with an aggregate market value of $4,612,800.00 and an approximate sale date of 08/28/2025. The filing lists total shares outstanding as 184,470,212. It also discloses prior insider sales: Helaine Goldstein sold 39,729 shares on 06/02/2025 for $8,947,884.56. The securities to be sold were acquired as stock awards on 03/31/2018 (11,889 shares), 06/01/2020 (7,856 shares) and 06/01/2022 (255 shares), with cash payment noted on each acquisition date. The filer affirms no undisclosed material adverse information exists.
Positive
- Required disclosure provided: The Form 144 lists the broker (Merrill Lynch), share amount (20,000) and aggregate market value ($4,612,800.00).
- Acquisition history is detailed: The filing shows shares were acquired as stock awards on 03/31/2018 (11,889), 06/01/2020 (7,856) and 06/01/2022 (255).
- Recent insider sale disclosed: Helaine Goldstein sold 39,729 shares on 06/02/2025 for gross proceeds of $8,947,884.56.
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice disclosing a planned 20,000-share sale and recent insider sales, consistent with reporting obligations.
The filing provides required disclosure under Rule 144 identifying the proposed sale agent (Merrill Lynch), the size and value of the proposed transaction ($4,612,800 aggregate) and the approximate sale date (08/28/2025). It documents acquisition history showing the shares originated from issuer stock awards and confirms cash payment on acquisition dates. It also reports a recent insider sale by Helaine Goldstein on 06/02/2025 generating $8,947,884.56 in gross proceeds. From a compliance perspective, the notice contains the core elements regulators and market participants expect for a Form 144.
TL;DR: The disclosure is clear on provenance of shares and recent insider sales; no new governance issues are raised within the form.
The form identifies the relationship of the securities' origin as stock awards from the issuer and lists exact acquisition dates and quantities, which aids transparency. The representation that the signer does not possess undisclosed material adverse information is present on the form as required. The document does not include additional governance commentary or disclosures beyond the transactional details, so material governance conclusions cannot be drawn from this filing alone.