Take-Two Interactive (TTWO) director gets 93-share grant and reports holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viera Paul E reported acquisition or exercise transactions in this Form 4 filing.
TAKE TWO INTERACTIVE SOFTWARE INC director Paul E. Viera reported an equity compensation grant rather than a market trade. He received 93 shares of Common Stock at a price of $0.00 per share under the company’s Amended and Restated 2017 Stock Incentive Plan in lieu of his quarterly non-employee director cash retainer and committee fees, and these shares were fully vested upon grant. Following this award, he directly holds 17,273 shares of Common Stock. Separately, 75,000 shares are held by The PEV Revocable Living Trust and 74 shares are held by Earnest Institutional LLC; those positions are reported as indirect, and Viera disclaims beneficial ownership of the Earnest Institutional LLC shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Viera Paul E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 93 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,273 shares (Direct, null);
Common Stock — 74 shares (Indirect, By Earnest Institutional LLC)
Footnotes (1)
- Represents shares of common stock granted under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan in lieu of the quarterly non-employee director cash retainer and applicable committee fees at the election of the Reporting Person, which shares were fully vested upon grant. Represents 74 shares of Common Stock held directly by Earnest Institutional LLC, an affiliate of Earnest Partners LLC, of which Mr. Viera is a partner and the Chief Executive Officer (such securities are not held individually by Mr. Viera). Mr. Viera disclaims beneficial ownership of the securities held by Earnest Institutional LLC except to the extent of his pecuniary interest therein. Represents 75,000 shares of Common Stock held by The PEV Revocable Living Trust (such securities are indirectly held by Mr. Viera).
Key Figures
Stock grant: 93 shares of Common Stock
Direct holdings after grant: 17,273 shares
Trust holdings: 75,000 shares
+2 more
5 metrics
Stock grant
93 shares of Common Stock
Fully vested award at $0.00 per share in lieu of cash fees
Direct holdings after grant
17,273 shares
Common Stock directly held by Paul E. Viera after the award
Trust holdings
75,000 shares
Common Stock held by The PEV Revocable Living Trust, indirectly held
Earnest Institutional LLC holdings
74 shares
Common Stock held by Earnest Institutional LLC; beneficial ownership disclaimed except pecuniary interest
Acquire transactions in filing
1 transaction
One grant/award acquisition coded as transaction code A
Key Terms
Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan, quarterly non-employee director cash retainer, committee fees, beneficial ownership, +1 more
5 terms
Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan financial
"granted under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan in lieu"
quarterly non-employee director cash retainer financial
"in lieu of the quarterly non-employee director cash retainer and applicable committee fees"
committee fees financial
"in lieu of the quarterly non-employee director cash retainer and applicable committee fees"
beneficial ownership financial
"Mr. Viera disclaims beneficial ownership of the securities held by Earnest Institutional LLC"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
FAQ
What did Paul E. Viera report in this TTWO Form 4 filing?
Paul E. Viera reported receiving 93 shares of Take-Two Common Stock as an equity grant. The award was made under the company’s 2017 Stock Incentive Plan and was fully vested upon grant, reflecting compensation rather than an open-market purchase or sale.
What TTWO holdings are attributed to Earnest Institutional LLC in this Form 4?
Earnest Institutional LLC holds 74 shares of Take-Two Common Stock. The filing notes this entity is an affiliate of Earnest Partners LLC, and Paul E. Viera disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in them.