Take-Two (TTWO) Form 4: 362 Restricted Shares Granted to Director
Rhea-AI Filing Summary
Reporting person: The Form 4 names Srinivasan LaVerne Evans as the reporting person and shows a filing signed on behalf of Ms. LaVerne E. Srinivasan by attorney-in-fact Aaron Diamond.
The filing reports an acquisition on 08/14/2025 of 362 shares of Take-Two Interactive Software Inc. common stock under the Director compensation program and the Issuer's 2017 Stock Incentive Plan. The shares were granted on the stated grant date of August 14, 2025, have a reported price of $0, and vest on the first anniversary of the Pricing Date. The number of shares was determined using the award dollar value and the 30-trading-day average closing price prior to August 14, 2025. Following the transaction the reporting person beneficially owns 11,388 shares.
Positive
- 362 restricted shares granted under the Director compensation program and the 2017 Stock Incentive Plan
- Beneficial ownership increased to 11,388 shares following the reported acquisition
- Full procedural disclosure of grant date, vesting schedule and pricing methodology
Negative
- None.
Insights
TL;DR: Director received restricted stock grant that vests after one year; filing is routine disclosure of director compensation.
This Form 4 documents a standard director compensation grant under the companys 2017 Stock Incentive Plan. The grant date, vesting schedule (one year from the Pricing Date), zero cash price and the methodology for determining share count (based on a 30-day average closing price) are explicitly stated. The disclosure is procedural and does not indicate any change in control, acceleration, or unusual terms.
TL;DR: Insider acquisition is modest in size; increases beneficial ownership to 11,388 shares and reflects routine compensation mechanics.
The transaction adds 362 restricted shares to the reporting persons holdings, raising total beneficial ownership to 11,388 shares as reported. All material mechanics of the award are disclosed, including grant date, vesting condition and the price determination method. The filing provides clear compliance with Section 16 reporting requirements and contains no additional financial metrics or derivative activity.