Take-Two Director Moses Reports 254 Restricted Shares; 1,000-Share Sale
Rhea-AI Filing Summary
Jon J. Moses, a director of Take-Two Interactive Software Inc. (TTWO), reported two transactions. On 08/14/2025 he was granted 254 restricted shares under the director compensation program and the 2017 Stock Incentive Plan; those shares vest on the first anniversary of the Pricing Date and were issued with a $0 per-share price on the grant date. On 08/15/2025 he sold 1,000 shares at a weighted average price of $231.33 per share. After these transactions he beneficially owned 22,901 shares.
Positive
- Director received restricted stock (254 shares) under the issuer's compensation program, aligning his interest with long-term shareholder value
- Clear disclosure of both grant and sale transactions with post-transaction beneficial ownership reported (22,901 shares)
Negative
- Sale of 1,000 shares reduced holdings, which could be perceived as partial monetization of holdings
- Grant vests after one year, so those shares are not immediately available as ongoing ownership evidence
Insights
TL;DR: Director received a routine restricted stock grant and immediately sold a small block of shares, leaving meaningful ongoing ownership.
The 254-share award is a typical director compensation event under the issuer's Stock Incentive Plan and vests after one year, which aligns incentives for retention rather than immediate liquidity. The subsequent sale of 1,000 shares at an average of $231.33 reduced holdings from 23,901 to 22,901 shares; the filing discloses aggregated sale pricing and offers to provide per-tranche details on request. These transactions are standard insider activity and do not on their face indicate a material change in control or a significant shift in alignment with shareholders.
TL;DR: Compensation grant follows established director program; sale appears routine and is fully reported under Section 16 rules.
The restricted stock grant uses the 30-day average pricing methodology described and vests after the specified vesting period, which is consistent with common governance practices to tie pay to continued service. The Form 4 properly reports both the grant (Code A) and the sale (Code S) with post-transaction beneficial ownership disclosed. No unexplained deviations from standard disclosure practices are evident in the filing.