Take‑Two (TTWO) Director Awarded 1,054 Shares; 967 Vest 10/01/2026
Rhea-AI Filing Summary
Paul E. Viera, a director of Take-Two Interactive Software, Inc. (TTWO), reported a transaction dated 10/01/2025 in which he was awarded 1,054 shares of Common Stock. The grant comprises 967 restricted shares under the company’s 2017 Stock Incentive Plan that vest on 10/01/2026, and 87 shares issued in lieu of quarterly director cash compensation that were fully vested upon grant. After the transaction Mr. Viera beneficially owned 16,991 shares directly. The Form 4 also discloses 74 shares held by Earnest Institutional LLC (an affiliate) and 75,000 shares held indirectly by The PEV Revocable Living Trust. The filing was signed on 10/03/2025.
Positive
- None.
Negative
- None.
Insights
Director received routine equity compensation totaling 1,054 shares, including time‑based restricted stock.
Director compensation was paid partly as 967 restricted shares that vest in one year, aligning the director’s interests with long‑term shareholder value through time‑based vesting. The additional 87 shares were paid in lieu of cash and were immediately vested, reflecting standard non‑employee director pay practices.
The filing shows significant indirect ownership via a trust of 75,000 shares and a small affiliate holding of 74 shares; these holdings indicate existing exposure but are disclosed clearly with a disclaimer regarding beneficial ownership for the affiliate stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,054 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents (i) an annual award of 967 shares of restricted common stock granted to non-employee directors under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan (the "Plan") and (ii) 87 shares of common stock granted in lieu of the quarterly non-employee director cash retainer and applicable committee fees at the election of the Reporting Person, which shares were fully vested upon grant. The annual award shares are scheduled to vest on October 1, 2026, subject to the terms of the Plan. Represents 74 shares of Common Stock held directly by Earnest Institutional LLC, an affiliate of Earnest Partners LLC, of which Mr. Viera is a partner and the Chief Executive Officer (such securities are not held individually by Mr. Viera). Mr. Viera disclaims beneficial ownership of the securities held by Earnest Institutional LLC except to the extent of his pecuniary interest therein. Represents 75,000 shares of Common Stock held by The PEV Revocable Living Trust (such securities are indirectly held by Mr. Viera).
