Trust linked to Take-Two chair sells 60,000 shares

Take-Two Interactive’s chairman and CEO Strauss Zelnick reported indirect open-market sales totaling 60,000 shares of common stock at prices around $214–$215 per share.

Accepted by SEC EDGAR 03/04/2026 - 06:00 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Take-Two Interactive’s chairman and CEO Strauss Zelnick reported indirect open-market sales totaling 60,000 shares of common stock at prices around $214–$215 per share. The transactions were made by the Zelnick/Belzberg Living Trust, which now holds 170,756 shares, and are attributed to that trust rather than Zelnick personally.

Separate indirect holdings include 69,797 shares in the Wendy Jay Belzberg 2012 Family Trust and 1,279,802 restricted units held by ZMC Advisors, L.P. Zelnick disclaims beneficial ownership of these entities’ securities except to the extent of his pecuniary interest.

Insider Trade Summary

Net Seller: 60,000 shares

Net Sell 3 txns

Insider ZELNICK STRAUSS

Role Chairman, CEO

Sold 60,000 shs ($12.86M)

Share of Position Sold 26.0%

Type	Security	Shares	Price	Value
Sale	Common Stock	7,946	$214.16	$1.70M
Sale	Common Stock	38,084	$214.15	$8.16M
Sale	Common Stock	13,970	$215.09	$3.00M
Holding	Common Stock	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 170,756 shares (Indirect, By Zelnick Belzberg Living Trust); Common Stock — 69,797 shares (Indirect, By Wendy Jay Belzberg 2012 Family Trust); Common Stock — 1,279,802 shares (Indirect, By ZMC Advisors, L.P.)

Holdings Before and After: Common Stock, 230,756 to 170,756 shares (Indirect, By Zelnick Belzberg Living Trust)

Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (8)

1. F1. These transactions are reported on separate lines due to the range of the sale prices.
2. F2. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.00 to $214.68, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.
3. F3. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $215.00 to $215.20, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.
4. F4. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.04 to $214.36, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.
5. F5. Reflects certain shares that were previously transferred from the Zelnick/Belzberg Living Trust to the Wendy Jay Belzberg 2012 Family Trust pursuant to Section 16 exempt transactions.
6. F6. Represents 170,756 shares of Common Stock held by the Zelnick/Belzberg Living Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Zelnick/Belzberg Living Trust except to the extent of his pecuniary interest therein.
7. F7. Represents 69,797 shares of Common Stock held by the Wendy Jay Belzberg 2012 Family Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Wendy Jay Belzberg 2012 Family Trust except to the extent of his pecuniary interest therein
8. F8. Represents 1,279,802 restricted units held directly by ZMC Advisors, L.P., of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein.

FAQ

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

What insider transactions did TTWO report for Strauss Zelnick?

The filing reports indirect open-market sales totaling 60,000 shares of Take-Two common stock by the Zelnick/Belzberg Living Trust at prices around $214–$215 per share, with the trust’s post-transaction balance disclosed in the filing.

Who actually sold the Take-Two (TTWO) shares in this Form 4?

The sales were made by the Zelnick/Belzberg Living Trust, an entity associated with Strauss Zelnick. The Form 4 specifies the shares are held indirectly, and Zelnick disclaims beneficial ownership except for his pecuniary interest in the trust.

How many Take-Two shares does the Zelnick/Belzberg Living Trust hold after the sales?

After the reported open-market sales, the Zelnick/Belzberg Living Trust holds 170,756 shares of Take-Two common stock. These shares are reported as indirectly held, with Zelnick’s beneficial ownership limited to his pecuniary interest.

What other indirect holdings linked to Strauss Zelnick are disclosed for TTWO?

The filing notes 69,797 shares held by the Wendy Jay Belzberg 2012 Family Trust and 1,279,802 restricted units held by ZMC Advisors, L.P. Zelnick is a partner there and disclaims beneficial ownership beyond his pecuniary interest.

Were the reported TTWO insider sales executed at multiple price levels?

Yes. Footnotes state the reported sales reflect weighted average prices for multiple trades within ranges, including $214.00–$214.68, $215.00–$215.20, and $214.04–$214.36. Full trade-by-trade details are available on request.

Does Strauss Zelnick directly own the restricted units reported for TTWO?

No. The filing explains the 1,279,802 restricted units are held directly by ZMC Advisors, L.P., not individually by Zelnick. He is a partner there and disclaims beneficial ownership beyond his pecuniary interest.

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

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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^*

ZELNICK STRAUSS

(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
X	Officer (give title below)		Other (specify below)
	Chairman, CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		S		38,084(1)	D	$214.15(2)	192,672	I	By Zelnick Belzberg Living Trust
Common Stock	03/02/2026		S		13,970(1)	D	$215.09(3)	178,702	I	By Zelnick Belzberg Living Trust
Common Stock	03/03/2026		S		7,946	D	$214.16(4)	170,756(5)(6)	I	By Zelnick Belzberg Living Trust
Common Stock								69,797(5)(7)	I	By Wendy Jay Belzberg 2012 Family Trust
Common Stock								1,279,802(8)	I	By ZMC Advisors, L.P.

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. These transactions are reported on separate lines due to the range of the sale prices.

2. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.00 to $214.68, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

3. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $215.00 to $215.20, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

4. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.04 to $214.36, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

5. Reflects certain shares that were previously transferred from the Zelnick/Belzberg Living Trust to the Wendy Jay Belzberg 2012 Family Trust pursuant to Section 16 exempt transactions.

6. Represents 170,756 shares of Common Stock held by the Zelnick/Belzberg Living Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Zelnick/Belzberg Living Trust except to the extent of his pecuniary interest therein.

7. Represents 69,797 shares of Common Stock held by the Wendy Jay Belzberg 2012 Family Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Wendy Jay Belzberg 2012 Family Trust except to the extent of his pecuniary interest therein

8. Represents 1,279,802 restricted units held directly by ZMC Advisors, L.P., of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein.

	/s/ Strauss Zelnick	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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