Take-Two (NASDAQ: TTWO) director sale covers taxes after stock vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAKE TWO INTERACTIVE SOFTWARE INC director Michael Sheresky sold a small portion of his holdings in an open-market transaction. On May 29, 2026, he sold 131 shares of Common Stock at $218.26 per share. After this trade, he directly held 65,495 shares. The sale was made under a Rule 10b5-1 trading plan adopted on November 18, 2025 and was effected to satisfy his tax obligations from the vesting of previously granted restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 131 shares ($28,592)
Net Sell
1 txn
Insider
Sheresky Michael
Role
null
Sold
131 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 131 | $218.26 | $29K |
Holdings After Transaction:
Common Stock — 65,495 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 131 shares
Sale price: $218.26 per share
Shares held after transaction: 65,495 shares
+1 more
4 metrics
Shares sold
131 shares
Open-market sale of Common Stock on May 29, 2026
Sale price
$218.26 per share
Price for the 131 TTWO shares sold
Shares held after transaction
65,495 shares
Direct ownership following the reported sale
Net shares sold
131 shares
Net sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, restricted stock, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on November 18, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock financial
"upon the vesting of previously granted shares of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did TTWO director Michael Sheresky report?
Michael Sheresky reported an open-market sale of Take-Two Interactive common stock. He sold 131 shares in a single transaction, as disclosed in a Form 4 insider trading report filed for this activity.
Was Michael Sheresky’s TTWO stock sale made under a Rule 10b5-1 plan?
Yes. The footnote states the transaction was effected under a Rule 10b5-1 trading plan adopted on November 18, 2025, indicating it was pre-arranged rather than a discretionary, spur-of-the-moment trading decision by the director.
What type of security did Michael Sheresky trade in this TTWO Form 4?
The transaction involved Take-Two Interactive’s Common Stock. The Form 4 classifies it as a non-derivative security, distinguishing it from options or other derivative instruments, with all reported activity occurring directly in the common shares.