[Form 4] Take-Two Interactive Software Inc Insider Trading Activity
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.
Karl Slatoff, presidente di Take-Two Interactive (TTWO), ha venduto 48.995 azioni il 21/08/2025 nell'ambito di un piano di negoziazione ai sensi della Rule 10b5-1 adottato il 22 maggio 2025. Le vendite sono state eseguite in più operazioni a prezzi medi ponderati di $226,90, $227,77 e $228,39 e sono state riportate su righe separate a causa delle diverse fasce di prezzo. Dopo tali vendite, il signor Slatoff detiene direttamente le azioni residue indicate nel modulo e detiene indirettamente 1.279.802 unità vincolate tramite ZMC Advisors, L.P., di cui è socio e per le quali rinuncia alla posizione di beneficiario salvo il suo interesse pecuniario.
Karl Slatoff, presidente de Take-Two Interactive (TTWO), vendió 48.995 acciones el 21/08/2025 en el marco de un plan de negociación conforme a la Rule 10b5-1 adoptado el 22 de mayo de 2025. Las ventas se realizaron en múltiples ejecuciones a precios promedio ponderados de $226,90, $227,77 y $228,39, y se informaron en líneas separadas debido a los distintos tramos de precio. Tras las ventas notificadas, el señor Slatoff posee directamente las acciones restantes que figuran en el formulario y posee indirectamente 1.279.802 unidades restringidas a través de ZMC Advisors, L.P., de la que es socio y sobre las cuales renuncia a la propiedad beneficaria salvo su interés patrimonial.
Take-Two Interactive(TTWO)의 대표이사 칼 슬라토프는 2025년 8월 21일, 2025년 5월 22일 채택된 Rule 10b5-1 거래계획에 따라 48,995주를 매도했습니다. 해당 매도는 가중평균가격 $226.90, $227.77, $228.39로 여러 건에 걸쳐 체결되었으며, 가격 구간이 달라 별도 라인으로 보고되었습니다. 보고된 매도 이후 슬라토프 씨는 서류에 기재된 잔여 주식을 직접 보유하고 있으며, 자신이 파트너로 있는 ZMC Advisors, L.P.를 통해 1,279,802개의 제한부 단위를 간접 보유하고 있으나, 금전적 이익을 제외한 실질적 소유는 부인하고 있습니다.
Karl Slatoff, président de Take-Two Interactive (TTWO), a vendu 48 995 actions le 21/08/2025 dans le cadre d'un plan de négociation conforme à la Rule 10b5-1 adopté le 22 mai 2025. Les ventes ont été effectuées en plusieurs exécutions à des prix moyens pondérés de 226,90 $, 227,77 $ et 228,39 $, et ont été déclarées sur des lignes distinctes en raison de plages de prix différentes. À la suite des ventes déclarées, M. Slatoff détient directement les actions restantes indiquées sur le formulaire et détient indirectement 1 279 802 unités restreintes via ZMC Advisors, L.P., dont il est associé et dont il décline la qualité de bénéficiaire à l'exception de son intérêt pécuniaire.
Karl Slatoff, Präsident von Take-Two Interactive (TTWO), verkaufte am 21.08.2025 insgesamt 48.995 Aktien im Rahmen eines Rule-10b5-1-Handelsplans, der am 22. Mai 2025 beschlossen wurde. Die Verkäufe erfolgten in mehreren Ausführungen zu gewichteten Durchschnittspreisen von $226,90, $227,77 und $228,39 und wurden aufgrund unterschiedlicher Preisbereiche auf getrennten Zeilen gemeldet. Nach den gemeldeten Verkäufen hält Herr Slatoff die im Formular angegebenen restlichen Aktien direkt und hält indirekt 1.279.802 eingeschränkte Einheiten über ZMC Advisors, L.P., an der er Partner ist und deren wirtschaftliches Eigentum er bis auf sein pecuniäres Interesse ablehnt.
- 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
- 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
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.
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.
Karl Slatoff, presidente di Take-Two Interactive (TTWO), ha venduto 48.995 azioni il 21/08/2025 nell'ambito di un piano di negoziazione ai sensi della Rule 10b5-1 adottato il 22 maggio 2025. Le vendite sono state eseguite in più operazioni a prezzi medi ponderati di $226,90, $227,77 e $228,39 e sono state riportate su righe separate a causa delle diverse fasce di prezzo. Dopo tali vendite, il signor Slatoff detiene direttamente le azioni residue indicate nel modulo e detiene indirettamente 1.279.802 unità vincolate tramite ZMC Advisors, L.P., di cui è socio e per le quali rinuncia alla posizione di beneficiario salvo il suo interesse pecuniario.
Karl Slatoff, presidente de Take-Two Interactive (TTWO), vendió 48.995 acciones el 21/08/2025 en el marco de un plan de negociación conforme a la Rule 10b5-1 adoptado el 22 de mayo de 2025. Las ventas se realizaron en múltiples ejecuciones a precios promedio ponderados de $226,90, $227,77 y $228,39, y se informaron en líneas separadas debido a los distintos tramos de precio. Tras las ventas notificadas, el señor Slatoff posee directamente las acciones restantes que figuran en el formulario y posee indirectamente 1.279.802 unidades restringidas a través de ZMC Advisors, L.P., de la que es socio y sobre las cuales renuncia a la propiedad beneficaria salvo su interés patrimonial.
Take-Two Interactive(TTWO)의 대표이사 칼 슬라토프는 2025년 8월 21일, 2025년 5월 22일 채택된 Rule 10b5-1 거래계획에 따라 48,995주를 매도했습니다. 해당 매도는 가중평균가격 $226.90, $227.77, $228.39로 여러 건에 걸쳐 체결되었으며, 가격 구간이 달라 별도 라인으로 보고되었습니다. 보고된 매도 이후 슬라토프 씨는 서류에 기재된 잔여 주식을 직접 보유하고 있으며, 자신이 파트너로 있는 ZMC Advisors, L.P.를 통해 1,279,802개의 제한부 단위를 간접 보유하고 있으나, 금전적 이익을 제외한 실질적 소유는 부인하고 있습니다.
Karl Slatoff, président de Take-Two Interactive (TTWO), a vendu 48 995 actions le 21/08/2025 dans le cadre d'un plan de négociation conforme à la Rule 10b5-1 adopté le 22 mai 2025. Les ventes ont été effectuées en plusieurs exécutions à des prix moyens pondérés de 226,90 $, 227,77 $ et 228,39 $, et ont été déclarées sur des lignes distinctes en raison de plages de prix différentes. À la suite des ventes déclarées, M. Slatoff détient directement les actions restantes indiquées sur le formulaire et détient indirectement 1 279 802 unités restreintes via ZMC Advisors, L.P., dont il est associé et dont il décline la qualité de bénéficiaire à l'exception de son intérêt pécuniaire.
Karl Slatoff, Präsident von Take-Two Interactive (TTWO), verkaufte am 21.08.2025 insgesamt 48.995 Aktien im Rahmen eines Rule-10b5-1-Handelsplans, der am 22. Mai 2025 beschlossen wurde. Die Verkäufe erfolgten in mehreren Ausführungen zu gewichteten Durchschnittspreisen von $226,90, $227,77 und $228,39 und wurden aufgrund unterschiedlicher Preisbereiche auf getrennten Zeilen gemeldet. Nach den gemeldeten Verkäufen hält Herr Slatoff die im Formular angegebenen restlichen Aktien direkt und hält indirekt 1.279.802 eingeschränkte Einheiten über ZMC Advisors, L.P., an der er Partner ist und deren wirtschaftliches Eigentum er bis auf sein pecuniäres Interesse ablehnt.