TTWO director award: 967 RSAs granted, vesting 10/01/2026
Rhea-AI Filing Summary
Director Roland A. Hernandez was granted 967 restricted shares of Take-Two Interactive common stock on 10/01/2025 under the company's Amended and Restated 2017 Stock Incentive Plan. The award is an annual non-employee director grant that vests on 10/01/2026 subject to the Plan's terms. Following the grant, Mr. Hernandez beneficially owns 10,727 shares. The Form 4 was filed by a single reporting person and signed by an attorney-in-fact on behalf of Mr. Hernandez.
Positive
- 967 restricted shares granted to a director under the 2017 Stock Incentive Plan
- Award vests on 10/01/2026, providing clear vesting timeline
- Beneficial ownership disclosed as 10,727 shares after the grant
Negative
- None.
Insights
Director received routine annual restricted stock award of 967 shares; vests one year later.
This filing documents a standard non-employee director equity grant under the Issuer's 2017 Stock Incentive Plan. The award size (967 shares) and one-year vesting (to 10/01/2026) are explicitly stated in the Form 4.
For shareholders, this is governance housekeeping: it confirms director alignment via equity compensation but contains no departures, option exercises, or disposals. The report shows beneficial ownership post-grant at 10,727 shares, which is disclosed without additional qualifiers.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 967 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an annual award of restricted common stock granted to non-employee directors under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan (the "Plan"). The shares are scheduled to vest on October 1, 2026, subject to the terms of the Plan.
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