TTWO Form 4: Director Awarded 967 Restricted Shares Vesting 10/01/2026
Rhea-AI Filing Summary
Susan Tolson, a director of Take-Two Interactive Software, Inc. (TTWO), was granted 967 restricted shares of common stock on 10/01/2025 as an annual non-employee director award under the company’s 2017 Stock Incentive Plan. The shares were granted at a $0 purchase price and are scheduled to vest on 10/01/2026, subject to the plan’s terms. Following the reported grant, Ms. Tolson beneficially owns 32,122 shares. The Form 4 reporting this transaction was signed by an attorney-in-fact on behalf of Ms. Tolson on 10/03/2025.
Positive
- 967 restricted shares granted to a director, aligning interests with shareholders
- Grant documented under the issuer’s 2017 Stock Incentive Plan, indicating formal governance process
- Post-grant beneficial ownership disclosed as 32,122 shares, providing transparency
Negative
- None.
Insights
Director received annual restricted stock award of 967 shares vesting in one year.
The filing shows a routine grant to a non-employee director under the issuer’s 2017 Stock Incentive Plan. The award was recorded as an acquisition on 10/01/2025 with a $0 reported price and a vesting date of 10/01/2026.
This confirms ongoing director compensation via equity, which aligns the director’s interests with shareholders without immediate cash outlay. The report also discloses total beneficial ownership of 32,122 shares after the grant, a figure relevant for assessing director ownership concentration.
FAQ
What transaction did Susan Tolson report on Form 4 for TTWO?
When do the newly granted shares to Susan Tolson vest?
What price was reported for the restricted shares granted to the director?
How many TTWO shares does Susan Tolson beneficially own after the grant?
Under which plan were the restricted shares granted?