Take-Two legal chief sells 8,840 shares

TAKE TWO INTERACTIVE SOFTWARE INC reported that Chief Legal Officer Daniel P. Emerson sold 8,840 shares of common stock in an open-market transaction at $214.00 per share on June 8, 2026.

Rhea-AI Filing Summary

TAKE TWO INTERACTIVE SOFTWARE INC reported that Chief Legal Officer Daniel P. Emerson sold 8,840 shares of common stock in an open-market transaction at $214.00 per share on June 8, 2026. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 3, 2026.

After the transaction, Emerson directly owned 122,828 shares of common stock. His reported holdings include 9,880 shares of common stock, 19,736 unvested time-based restricted stock units, and 93,212 unvested performance-based restricted stock units, which will vest or fail to vest under existing award agreements.

Insider Trade Summary 10b5-1

Net Seller: 8,840 shares

Net Sell 1 txn

Insider Emerson Daniel P

Role Chief Legal Officer

Sold 8,840 shs ($1.89M)

Type	Security	Shares	Price	Value
Sale	Common Stock	8,840	$214.00	$1.89M

Holdings After Transaction: Common Stock — 122,828 shares (Direct)

Footnotes (2)

1. F1. Sale of shares pursuant to Rule 10b5-1 trading plan adopted on March 3, 2026.
2. F2. Includes (i) 9,880 shares of Common Stock, (ii) 19,736 unvested time-based restricted stock units and (iii) 93,212 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.

Key Figures

Shares sold: 8,840 shares Sale price: $214.00 per share Shares owned after sale: 122,828 shares +3 more

6 metrics

Shares sold 8,840 shares Open-market sale on June 8, 2026

Sale price $214.00 per share Common stock transaction

Shares owned after sale 122,828 shares Direct ownership following transaction

Unvested time-based RSUs 19,736 units Part of reported holdings

Unvested performance-based RSUs 93,212 units Part of reported holdings

Common stock component 9,880 shares Included within reported holdings

Key Terms

Rule 10b5-1 trading plan, restricted stock units, time-based restricted stock units, performance-based restricted stock units, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"Sale of shares pursuant to Rule 10b5-1 trading plan adopted on March 3, 2026."

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 units financial

"Includes (i) 9,880 shares of Common Stock, (ii) 19,736 unvested time-based restricted stock units and (iii) 93,212 unvested performance-based restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

time-based restricted stock units financial

"Includes (i) 9,880 shares of Common Stock, (ii) 19,736 unvested time-based restricted stock units..."

Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.

performance-based restricted stock units financial

"..., and (iii) 93,212 unvested performance-based restricted stock units."

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TTWO disclose for Daniel P. Emerson?

TAKE TWO INTERACTIVE SOFTWARE INC disclosed that Chief Legal Officer Daniel P. Emerson sold 8,840 shares of common stock. The sale occurred on June 8, 2026 at a reported price of $214.00 per share in an open-market transaction.

How many TTWO shares did Daniel P. Emerson sell and at what price?

Daniel P. Emerson sold 8,840 shares of TAKE TWO INTERACTIVE SOFTWARE INC common stock. The reported sale price was $214.00 per share in an open-market transaction dated June 8, 2026.

How many TTWO shares does Daniel P. Emerson own after this sale?

After the sale, Daniel P. Emerson directly owned 122,828 shares tied to TAKE TWO INTERACTIVE SOFTWARE INC. This total includes common stock plus unvested restricted stock units that may vest under existing award agreements.

Was the TTWO insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the 8,840-share sale was executed pursuant to a Rule 10b5-1 trading plan. That trading plan was adopted on March 3, 2026, indicating the transaction followed a pre-arranged schedule.

What restricted stock units does Daniel P. Emerson hold in TTWO?

Emerson’s reported TTWO holdings include 19,736 unvested time-based restricted stock units and 93,212 unvested performance-based restricted stock units. These awards will vest, or fail to vest, according to the terms of their underlying award agreements.

What is Daniel P. Emerson’s role at TAKE TWO INTERACTIVE SOFTWARE INC?

Daniel P. Emerson is identified in the filing as an officer of TAKE TWO INTERACTIVE SOFTWARE INC. His specific title is Chief Legal Officer, indicating he oversees the company’s legal affairs at an executive level.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/10/2026 - 04:25 PM Learn about SEC filing dates

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).

X

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^*

Emerson Daniel P

(Last) (First) (Middle)

C/O TAKE-TWO INTERACTIVE SOFTWARE, INC.

110 WEST 44TH STREET

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/08/2026		S		8,840(1)	D	$214	122,828(2)	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. Sale of shares pursuant to Rule 10b5-1 trading plan adopted on March 3, 2026.

2. Includes (i) 9,880 shares of Common Stock, (ii) 19,736 unvested time-based restricted stock units and (iii) 93,212 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.

	/s/ Daniel Emerson	06/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)