TTWO Form 4: Michael Sheresky Receives 967 Restricted Shares
Rhea-AI Filing Summary
Michael Sheresky, a director of Take-Two Interactive Software, Inc. (TTWO), was granted an annual award of 967 restricted shares of common stock on 10/01/2025. The grant was recorded at a price of $0 and is scheduled to vest on 10/01/2026 subject to the companys 2017 Stock Incentive Plan. Following the grant, Mr. Sheresky is reported to beneficially own 65,963 shares. The Form 4 was signed on behalf of Mr. Sheresky by an attorney-in-fact on 10/03/2025.
Positive
- 967-share restricted stock grant aligns director interests with shareholders via vesting
- Reported beneficial ownership of 65,963 shares provides clear ownership transparency
Negative
- None.
Insights
Director equity grant maintains alignment with shareholders.
The filing shows a routine annual restricted stock award of 967 shares to a non-employee director under the issuers stock incentive plan. Such awards are commonly used to align director interests with long-term shareholder value because the shares vest over time.
The award is unvested until 10/01/2026, indicating continued retention conditions; this is a governance signal about long-term alignment rather than immediate voting dilution.
Grant is a standard non-cash director compensation item with one-year vesting.
The transaction price is reported as $0, consistent with a restricted stock grant rather than a purchase. The vesting date of 10/01/2026 is explicitly stated, showing the award is time-based.
This Form 4 discloses the directors total beneficial ownership of 65,963 shares after the grant, which is a useful baseline for future equity-based compensation disclosures.