Take-Two CEO-linked trusts sell 40,000 shares
TAKE TWO INTERACTIVE SOFTWARE INC director and Chairman/CEO Strauss Zelnick, through related trusts, reported multiple transactions in Common Stock on August 10, 2026.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
TAKE TWO INTERACTIVE SOFTWARE INC director and Chairman/CEO Strauss Zelnick, through related trusts, reported multiple transactions in Common Stock on August 10, 2026. Trusts associated with him sold a total of 40,000 shares in open-market transactions at weighted-average prices within disclosed intraday ranges, and there were 20,000 shares transferred as bona fide gifts between related trusts. The filing also reports significant indirect positions held through Zelnick Belzberg Living Trust, ZMC Advisors, L.P., and the Wendy Jay Belzberg 2012 Family Trust, with Mr. Zelnick disclaiming beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
Net Seller: 40,000 shares
Net Sell
13 txns
Insider
ZELNICK STRAUSS
Role
Chairman, CEO
Sold
40,000 shs ($10.11M)
Share of Position Sold
19.8%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,926 | $250.49 | $482K |
| Sale | Common Stock F1, F3 | 6,007 | $251.62 | $1.51M |
| Sale | Common Stock F1, F4 | 10,402 | $252.60 | $2.63M |
| Sale | Common Stock F1, F5 | 9,565 | $253.33 | $2.42M |
| Sale | Common Stock F1, F6 | 2,000 | $254.45 | $509K |
| Sale | Common Stock | 100 | $255.05 | $26K |
| Gift | Common Stock F7 | 10,000 | $0.00 | $0.00 |
| Gift | Common Stock | 10,000 | $0.00 | $0.00 |
| Sale | Common Stock F1, F8 | 4,500 | $251.51 | $1.13M |
| Sale | Common Stock F1, F9 | 1,600 | $252.47 | $404K |
| Sale | Common Stock F1, F10 | 1,600 | $253.42 | $405K |
| Sale | Common Stock F1, F11 | 2,000 | $254.43 | $509K |
| Sale | Common Stock F1, F12 | 300 | $255.12 | $77K |
| Holding | Common Stock F13 | -- | -- | -- |
| Holding | Common Stock F14 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 152,314 shares (Indirect, By Zelnick Belzberg Living Trust);
Common Stock — 0 shares (Indirect, By Zelnick Belzberg Charitable Trust);
Common Stock — 1,126,165 shares (Indirect, By ZMC Advisors, L.P.);
Common Stock — 64,089 shares (Indirect, By Wendy Jay Belzberg 2012 Family Trust)
Holdings Before and After:
Common Stock, 192,314 to 152,314 shares (Indirect, By Zelnick Belzberg Living Trust);
Common Stock, 0 to 0 shares (Indirect, By Zelnick Belzberg Charitable Trust)
Footnotes (14)
- F1. These transactions are reported on separate lines due to the range of the sale prices.
- F2. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $250.16 to $250.88, 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.
- F3. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $251.11 to $251.98, 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.
- F4. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $252.00 to $252.99, 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.
- F5. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $253.00 to $253.97, 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.
- F6. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $254.05 to $254.93, 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.
- F7. Represents 152,314 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.
- F8. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $251.05 to $251.96, 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.
- F9. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $252.16 to $252.86, 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.
- F10. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $253.00 to $253.97, 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.
- F11. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $254.00 to $254.97, 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.
- F12. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $255.01 to $255.33, 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.
- F13. Represents 1,126,165 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.
- F14. Represents 64,089 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.
Key Figures
Shares sold by related trusts: 40,000 shares
Sale price ranges: $250.16–$255.33 per share
Gifted shares: 20,000 shares
+3 more
6 metrics
Shares sold by related trusts
40,000 shares
Total non-derivative sales of Common Stock reported for August 10, 2026
Sale price ranges
$250.16–$255.33 per share
Weighted-average sales in multiple transactions across disclosed price brackets
Gifted shares
20,000 shares
Two bona fide gift transfers of 10,000 shares each between related trusts
Zelnick Belzberg Living Trust holdings
152,314 shares
Common Stock held indirectly via Zelnick Belzberg Living Trust
ZMC Advisors restricted units
1,126,165 restricted units
Indirectly reported restricted units held by ZMC Advisors, L.P.
Wendy Jay Belzberg 2012 Family Trust holdings
64,089 shares
Common Stock held indirectly via Wendy Jay Belzberg 2012 Family Trust
Key Terms
weighted average sales price, bona fide gift, restricted units, pecuniary interest, +1 more
5 terms
weighted average sales price financial
"Represents a weighted average sales price of shares sold in multiple transactions"
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted units financial
"Represents 1,126,165 restricted units held directly by ZMC Advisors, L.P."
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of his pecuniary interest therein"
indirectly held financial
"such securities are indirectly held by Mr. Zelnick"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TTWO Chairman and CEO Strauss Zelnick report in this Form 4?
Strauss Zelnick reported 40,000 TTWO shares sold indirectly via related trusts and 20,000 shares transferred as bona fide gifts between trusts on August 10, 2026, plus updated indirect holdings.
What indirect TTWO holdings does ZMC Advisors, L.P. report?
ZMC Advisors, L.P., where Mr. Zelnick is a partner, holds 1,126,165 restricted units of Take-Two common stock. These are not held individually by Mr. Zelnick, who disclaims beneficial ownership beyond his pecuniary interest.
Which other trusts hold TTWO stock for Strauss Zelnick’s benefit?
The Zelnick Belzberg Living Trust holds 152,314 shares of Take-Two common stock, and the Wendy Jay Belzberg 2012 Family Trust holds 64,089 shares, both reported as indirectly held with beneficial ownership disclaimed except for pecuniary interest.
Were the TTWO transactions under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (unchecked). No footnote states that these Take-Two transactions were executed pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
