Take-Two (TTWO) President Reports 48,995-Share Sale at ~$227 Avg

Rhea-AI Filing Summary

Karl Slatoff, President of Take-Two Interactive (TTWO), sold 48,995 shares on 08/21/2025 under a Rule 10b5-1 trading plan adopted May 22, 2025. The sales occurred in multiple executions at weighted average prices of $226.90, $227.77 and $228.39, and were reported on separate lines due to differing price ranges. Following the reported sales, Mr. Slatoff directly holds the remaining shares shown on the form, and indirectly holds 1,279,802 restricted units through ZMC Advisors, L.P., of which he is a partner and for which he disclaims beneficial ownership except to his pecuniary interest.

Positive

• Transactions executed under a Rule 10b5-1 plan, indicating preplanned sales adopted May 22, 2025
• Timely and detailed disclosure including weighted average prices and offer to provide full sale breakdowns on request
• Large indirect holdings disclosed (1,279,802 restricted units via ZMC Advisors, L.P.), showing ongoing economic interest

Negative

• Reduction in direct holdings through sale of 48,995 shares on 08/21/2025
• Potential market perception risk as insider sales, even planned, can be interpreted negatively by some investors

Insights

Corporate Governance Expert

TL;DR: Insider sold ~49k shares via an established 10b5-1 plan, indicating prearranged disposition rather than ad hoc selling.

These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2025, which provides an affirmative defense for trading while potentially in possession of material nonpublic information. Reporting the transactions promptly on Form 4 and specifying weighted average sale prices improves transparency. The filing also discloses substantial indirect holdings through ZMC Advisors, L.P., with a disclaimer of beneficial ownership except for pecuniary interest, which is standard when ownership is held by a partnership.

Securities Analyst

TL;DR: The transaction is a routine, preplanned insider sale and does not by itself signal material company changes.

The report shows three sale lines totaling 48,995 shares on 08/21/2025 at weighted average prices of $226.90, $227.77 and $228.39. The disclosure of price ranges and the offer to provide granular sale details on request is helpful for market transparency. Indirect ownership of 1,279,802 restricted units via ZMC Advisors, L.P. remains significant, and the reporting person disclaims direct beneficial ownership beyond pecuniary interest, which limits direct control inference.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Slatoff Karl

(Last) (First) (Middle)

C/O TAKE-TWO INTERACTIVE SOFTWARE, INC.

110 WEST 44TH STREET

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TAKE TWO INTERACTIVE SOFTWARE INC [ TTWO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/21/2025		S		7,603(1)(2)	D	$226.9(3)	41,392	D
Common Stock	08/21/2025		S		38,078(1)(2)	D	$227.77(4)	3,314	D
Common Stock	08/21/2025		S		3,314(1)(2)	D	$228.39(5)	0	D
Common Stock								1,279,802(6)	I	By ZMC Advisors, L.P.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Sale of shares pursuant to Rule 10b5-1 trading plan adopted on May 22, 2025.

2. These transactions are reported on separate lines due to the range of the sale prices.

3. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $226.28 to $227.24, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer

4. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $227.28 to $228.27, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer

5. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $228.28 to $228.59, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer

6. Represents 1,279,802 restricted units held directly by ZMC Advisors, L.P., of which Mr. Slatoff is a partner (such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein.

	/s/ Karl Slatoff	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Karl Slatoff (TTWO) report on Form 4?

He reported sales of 48,995 shares on 08/21/2025 under a Rule 10b5-1 trading plan adopted May 22, 2025.

How were the sales priced in the TTWO Form 4?

Sales were reported as weighted average prices of $226.90, $227.77 and $228.39 across multiple transactions and price ranges.

Does Karl Slatoff still hold TTWO-related securities after these sales?

Yes. The Form 4 shows remaining direct holdings as reported and 1,279,802 restricted units held indirectly by ZMC Advisors, L.P.

Were the transactions part of a prearranged trading plan?

Yes. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2025, as disclosed in the filing.

Can I get a detailed breakdown of the number of shares sold at each price?

Yes. The reporting person offers to provide the full sale information regarding the number of shares sold at each price increment upon request to the Commission, issuer or any security holder.