Siminoff trusts trim TTWO stake under 10b5-1 plan (TTWO)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAKE TWO INTERACTIVE SOFTWARE INC director Ellen F. Siminoff reported indirect open-market sales of 413 shares of Common Stock on April 15, 2026, executed through family trusts. The D&E Living Trust sold 270 shares and the EFS 2020 Irrevocable Trust sold 143 shares at $207.66 per share, under a Rule 10b5-1 trading plan adopted on March 5, 2025.
After these sales, each trust reported holding 2,000 shares, and Siminoff also reported 8,467 shares held directly. These pre-planned transactions represent a relatively small portion of her overall reported stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 413 shares ($85,764)
Net Sell
3 txns
Insider
Siminoff Ellen F
Role
Director
Sold
413 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 270 | $207.66 | $56K |
| Sale | Common Stock | 143 | $207.66 | $30K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,000 shares (Indirect, By the D&E Living Trust);
Common Stock — 8,467 shares (Direct)
Footnotes (1)
- Sale of shares pursuant to a Rule 10b5-1 trading plan adopted by the D&E Living Trust and the EFS 2020 Irrevocable Trust on March 5, 2025. Shares held directly by the D&E Living Trust. The Reporting Person and David Siminoff serve as co-trustees and retain voting and dispositive power with respect to the shares held by the D&E Living Trust. Shares held directly by the EFS 2020 Irrevocable Trust. The Reporting Person serves as trustee and holds voting and dispositive power with respect to these shares.
Key Figures
Shares sold by D&E Living Trust: 270 shares at $207.66
Shares sold by EFS 2020 Irrevocable Trust: 143 shares at $207.66
Total shares sold: 413 shares
+3 more
6 metrics
Shares sold by D&E Living Trust
270 shares at $207.66
Open-market sale on April 15, 2026
Shares sold by EFS 2020 Irrevocable Trust
143 shares at $207.66
Open-market sale on April 15, 2026
Total shares sold
413 shares
Net-sell across two indirect transactions
Indirect holdings after transactions
2,000 shares per trust
Post-transaction holdings for each Siminoff-related trust
Direct holdings after transactions
8,467 shares
Common stock held directly by Ellen F. Siminoff
Combined reported holdings
12,467 shares
Total of direct and indirect shares after transactions
Key Terms
Rule 10b5-1 trading plan, open-market sale, Irrevocable Trust, voting and dispositive power
4 terms
Rule 10b5-1 trading plan financial
"Sale of shares pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Irrevocable Trust financial
"By the EFS 2020 Irrevocable Trust"
voting and dispositive power financial
"retain voting and dispositive power with respect to the shares..."
FAQ
What insider transaction did TTWO director Ellen Siminoff report?
Ellen F. Siminoff reported indirect open-market sales of 413 shares of Take-Two Interactive common stock. The trades occurred on April 15, 2026, through two family trusts at a price of $207.66 per share, according to the Form 4 filing’s transaction details.
Were the TTWO insider sales by Siminoff pre-planned under Rule 10b5-1?
Yes. The filing states the sales were made under a Rule 10b5-1 trading plan adopted by the D&E Living Trust and the EFS 2020 Irrevocable Trust on March 5, 2025. Such plans pre-schedule trades, reducing the significance of the exact transaction timing.
What type of ownership do the Siminoff TTWO transactions represent?
The 413 shares sold were held indirectly through the D&E Living Trust and the EFS 2020 Irrevocable Trust. Siminoff serves as trustee or co-trustee, retaining voting and dispositive power. The filing also lists a separate direct holding of 8,467 common shares.
Are the TTWO Siminoff insider transactions large relative to her holdings?
The sales total 413 shares versus reported post-transaction holdings of 12,467 shares across direct and indirect accounts. This indicates a relatively small portion of her overall reported stake, suggesting a routine liquidity event rather than a major position change.