STOCK TITAN

Take-Two (TTWO) Form 4: 362 Restricted Shares Granted to Director

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Srinivasan LaVerne Evans

(Last) (First) (Middle)
C/O TAKE-TWO INTERACTIVE SOFTWARE, INC.
110 WEST 44TH STREET

(Street)
NEW YORK NY 10036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TAKE TWO INTERACTIVE SOFTWARE INC [ TTWO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/14/2025 A 362(1) A $0 11,388 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the acquisition of shares pursuant to a grant of restricted common stock pursuant to the Director compensation program (the "Program") and the Issuer's 2017 Stock Incentive Plan (the "Stock Plan"). The shares of restricted stock vest on the first anniversary of the Pricing Date (as defined below). As provided by the terms of the Program and the Stock Plan, (i) the grant date was August 14, 2025; and (ii) the number of shares were determined based on the dollar value of the award and the average of the closing prices of the common stock on the thirty trading days prior to August 14, 2025 (the "Pricing Date"), the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q.
/s/ Aaron Diamond, attorney-in-fact for Ms. LaVerne E. Srinivasan 08/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 for TTWO report on 08/14/2025?

The filing reports the acquisition of 362 restricted shares on 08/14/2025 under the Director compensation program and the 2017 Stock Incentive Plan.

How many Take-Two shares does the reporting person own after the transaction?

The reporting person beneficially owns 11,388 shares following the reported transaction.

What is the vesting condition for the restricted shares in the TTWO Form 4?

The restricted shares vest on the first anniversary of the Pricing Date as stated in the filing.

How was the number of restricted shares determined?

The number of shares was determined based on the awards dollar value and the average closing price over the 30 trading days prior to August 14, 2025.

Who signed the Form 4 filing for the reporting person?

The filing is signed by Aaron Diamond, attorney-in-fact for Ms. LaVerne E. Srinivasan on 08/18/2025.
Take-Two Interactive Software

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46.05B
182.29M
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Electronic Gaming & Multimedia
Services-prepackaged Software
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United States
NEW YORK