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.
FAQ
What did Take-Two (TTWO) report on this Form 4?
When do the restricted shares granted to the director vest?
How many shares does the reporting person own after the transaction?
Was this Form 4 filed by multiple reporting persons?
What type of award was granted to the director?