Take-Two (NASDAQ: TTWO) director tax-driven sale of 155 shares disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAKE TWO INTERACTIVE SOFTWARE INC director Michael Sheresky sold 155 shares of common stock in an open-market transaction at a price of $194.73 per share. The sale was executed under a Rule 10b5-1 trading plan adopted on November 18, 2025 to cover tax obligations from previously vested restricted stock. After this sale, he directly holds 65,626 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 155 shares ($30,183)
Net Sell
1 txn
Insider
Sheresky Michael
Role
Director
Sold
155 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 155 | $194.73 | $30K |
Holdings After Transaction:
Common Stock — 65,626 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TTWO director Michael Sheresky report on this Form 4?
Director Michael Sheresky reported selling 155 shares of Take-Two Interactive common stock. The sale was an open-market transaction under a pre-arranged Rule 10b5-1 plan and was conducted to satisfy tax obligations from the vesting of previously granted restricted stock.
Was the TTWO insider sale by Michael Sheresky under a Rule 10b5-1 trading plan?
Yes. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on November 18, 2025. Such plans allow insiders to pre-schedule trades, helping separate routine transactions, like tax-related sales, from discretionary trading decisions.
Does this TTWO Form 4 indicate a large change in Michael Sheresky’s ownership?
The reported sale involves 155 shares, while Sheresky continues to hold 65,626 shares directly. This suggests only a small portion of his position was sold, consistent with a targeted transaction to cover taxes from restricted stock vesting.