Take-Two (NASDAQ: TTWO) director tax-driven sale of 155 shares disclosed
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
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Negative
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Insider Trade Summary
Net Seller: 155 shares
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)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on November 18, 2025 by the Reporting Person and was effected to satisfy the Reporting Person's tax obligations upon the vesting of previously granted shares of restricted stock.
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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.