[Form 4] Take-Two Interactive Software Inc Insider Trading Activity
Take-Two Interactive (TTWO) Chief Financial Officer Lainie Goldstein reported a planned sale of company shares under a Rule 10b5-1 trading plan. The Form 4 shows a transaction date of 09/08/2025 in which 10,000 shares of Common Stock were sold at $250 per share. After this transaction the reporting person beneficially owns 274,078 shares, comprised of 90,415 vested shares, 28,601 unvested time-based restricted stock units, and 155,062 unvested performance-based restricted stock units that will vest only if performance conditions are met. The sale is identified as executed pursuant to a 10b5-1 plan adopted May 29, 2025. The filing is a single-person Form 4 and is signed by Ms. Goldstein on 09/09/2025.
La Chief Financial Officer di Take-Two Interactive (TTWO), Lainie Goldstein, ha comunicato la prevista vendita di azioni della società nell'ambito di un piano di trading ai sensi della Rule 10b5-1. Il Modulo 4 indica una data di transazione del 08/09/2025, con la vendita di 10.000 azioni ordinarie a 250 dollari ciascuna. Dopo l'operazione, la dichiarante detiene beneficialmente 274.078 azioni, così suddivise: 90.415 azioni maturate, 28.601 unità azionarie vincolate basate sul tempo non ancora maturate e 155.062 unità azionarie vincolate basate sulle prestazioni che matureranno solo al soddisfacimento di specifiche condizioni di performance. La vendita è stata eseguita ai sensi di un piano 10b5-1 adottato il 29/05/2025. Il documento è un Modulo 4 relativo a una sola persona, firmato dalla signora Goldstein il 09/09/2025.
La directora financiera de Take-Two Interactive (TTWO), Lainie Goldstein, reportó la venta planificada de acciones de la compañía bajo un plan de negociación conforme a la Regla 10b5-1. El Formulario 4 muestra una fecha de operación del 08/09/2025 en la que se vendieron 10.000 acciones ordinarias a 250 dólares por acción. Tras esta operación, la declarante posee beneficiariamente 274.078 acciones, compuestas por 90.415 acciones ya adquiridas, 28.601 unidades restringidas por tiempo aún no adquiridas y 155.062 unidades restringidas por rendimiento que solo se liberarán si se cumplen las condiciones de desempeño. La venta se ejecutó en virtud de un plan 10b5-1 adoptado el 29/05/2025. La presentación es un Formulario 4 individual y fue firmada por la Sra. Goldstein el 09/09/2025.
Take-Two Interactive(TTWO) 최고재무책임자(CFO) 레이니 골드스타인은 Rule 10b5-1에 따른 거래계획에 따라 자사 주식의 예정된 매각을 신고했습니다. Form 4에는 2025년 9월 8일 거래일자로 보통주 10,000주를 주당 250달러에 매도한 것으로 기재되어 있습니다. 이 거래 이후 신고인은 총 274,078주를 실질적으로 보유하고 있으며, 그 구성은 이미 취득한 90,415주, 미취득 시차 기반 제한주식 단위 28,601주, 성과 조건이 충족될 경우에만 취득되는 성과 기반 제한주식 단위 155,062주입니다. 해당 매각은 2025년 5월 29일 채택된 10b5-1 계획에 따라 실행된 것으로 표시되어 있습니다. 해당 서류는 단일인 대상의 Form 4이며, 골드스타인 씨가 2025년 9월 9일 서명했습니다.
La directrice financière de Take-Two Interactive (TTWO), Lainie Goldstein, a déclaré la vente prévue d'actions de la société dans le cadre d'un plan de négociation conforme à la Rule 10b5-1. Le formulaire 4 indique une date de transaction du 08/09/2025, au cours de laquelle 10 000 actions ordinaires ont été vendues à 250 dollars chacune. Après cette opération, la personne déclarant détient utilement 274 078 actions, composées de 90 415 actions acquises, 28 601 unités d'actions restreintes temporelles non acquises et 155 062 unités d'actions restreintes liées à la performance qui ne seront acquises que si les conditions de performance sont remplies. La vente a été exécutée en vertu d'un plan 10b5-1 adopté le 29/05/2025. Le dossier est un formulaire 4 individuel, signé par Mme Goldstein le 09/09/2025.
Die Chief Financial Officer von Take-Two Interactive (TTWO), Lainie Goldstein, meldete den geplanten Verkauf von Unternehmensaktien im Rahmen eines Rule-10b5-1-Handelsplans. Das Formular 4 zeigt ein Transaktionsdatum vom 08.09.2025, bei dem 10.000 Stammaktien zu je 250 USD verkauft wurden. Nach dieser Transaktion besitzt die meldende Person wirtschaftlich 274.078 Aktien, zusammengesetzt aus 90.415 bereits übertragenen Aktien, 28.601 noch nicht übertragenen zeitbasierten Restricted Stock Units und 155.062 leistungsabhängigen Restricted Stock Units, die nur bei Erfüllung bestimmter Leistungsbedingungen vesten. Der Verkauf wurde gemäß einem am 29.05.2025 angenommenen 10b5-1-Plan ausgeführt. Die Einreichung ist ein Ein-Personen-Formular 4 und wurde von Frau Goldstein am 09.09.2025 unterzeichnet.
- Sale was executed under a Rule 10b5-1 trading plan, indicating the transaction was pre-planned and intended to comply with insider trading rules
- Reporting discloses composition of holdings, including vested shares and both time-based and performance-based unvested RSUs, providing transparency
- Insider sale of 10,000 shares could be perceived negatively by some investors despite being pre-planned
- A majority of retained shares are unvested awards, meaning actual immediately available ownership is smaller (90,415 vested shares)
Insights
TL;DR: Routine, pre-planned insider sale under 10b5-1; remaining ownership includes significant unvested awards.
The Form 4 reflects a scheduled disposition of 10,000 shares at $250 each under a 10b5-1 plan adopted May 29, 2025, indicating the sale was pre-authorized rather than an opportunistic trade. After the sale, the CFO retains 274,078 shares in total, but a material portion (183,663 shares) consists of unvested time- and performance-based RSUs that are contingent on vesting criteria. For investors, the filing is a routine insider liquidity event rather than a clear signal about near-term company performance; the large number of unvested performance RSUs shows management incentives remain tied to future targets.
TL;DR: Governance practices appear standard—use of a 10b5-1 plan and continued equity incentives align with accepted insider conduct.
The disclosure cites a 10b5-1 trading plan which provides an affirmative defense under Rule 10b5-1(c), suggesting compliance with insider trading policies. The report also discloses the split between vested shares and unvested awards, offering transparency about the nature of the CFO's holdings. From a governance perspective, the mix of time-based and performance-based RSUs indicates alignment of executive compensation with future company performance metrics. There is no indication of extraordinary or non-routine transactions in this filing.
La Chief Financial Officer di Take-Two Interactive (TTWO), Lainie Goldstein, ha comunicato la prevista vendita di azioni della società nell'ambito di un piano di trading ai sensi della Rule 10b5-1. Il Modulo 4 indica una data di transazione del 08/09/2025, con la vendita di 10.000 azioni ordinarie a 250 dollari ciascuna. Dopo l'operazione, la dichiarante detiene beneficialmente 274.078 azioni, così suddivise: 90.415 azioni maturate, 28.601 unità azionarie vincolate basate sul tempo non ancora maturate e 155.062 unità azionarie vincolate basate sulle prestazioni che matureranno solo al soddisfacimento di specifiche condizioni di performance. La vendita è stata eseguita ai sensi di un piano 10b5-1 adottato il 29/05/2025. Il documento è un Modulo 4 relativo a una sola persona, firmato dalla signora Goldstein il 09/09/2025.
La directora financiera de Take-Two Interactive (TTWO), Lainie Goldstein, reportó la venta planificada de acciones de la compañía bajo un plan de negociación conforme a la Regla 10b5-1. El Formulario 4 muestra una fecha de operación del 08/09/2025 en la que se vendieron 10.000 acciones ordinarias a 250 dólares por acción. Tras esta operación, la declarante posee beneficiariamente 274.078 acciones, compuestas por 90.415 acciones ya adquiridas, 28.601 unidades restringidas por tiempo aún no adquiridas y 155.062 unidades restringidas por rendimiento que solo se liberarán si se cumplen las condiciones de desempeño. La venta se ejecutó en virtud de un plan 10b5-1 adoptado el 29/05/2025. La presentación es un Formulario 4 individual y fue firmada por la Sra. Goldstein el 09/09/2025.
Take-Two Interactive(TTWO) 최고재무책임자(CFO) 레이니 골드스타인은 Rule 10b5-1에 따른 거래계획에 따라 자사 주식의 예정된 매각을 신고했습니다. Form 4에는 2025년 9월 8일 거래일자로 보통주 10,000주를 주당 250달러에 매도한 것으로 기재되어 있습니다. 이 거래 이후 신고인은 총 274,078주를 실질적으로 보유하고 있으며, 그 구성은 이미 취득한 90,415주, 미취득 시차 기반 제한주식 단위 28,601주, 성과 조건이 충족될 경우에만 취득되는 성과 기반 제한주식 단위 155,062주입니다. 해당 매각은 2025년 5월 29일 채택된 10b5-1 계획에 따라 실행된 것으로 표시되어 있습니다. 해당 서류는 단일인 대상의 Form 4이며, 골드스타인 씨가 2025년 9월 9일 서명했습니다.
La directrice financière de Take-Two Interactive (TTWO), Lainie Goldstein, a déclaré la vente prévue d'actions de la société dans le cadre d'un plan de négociation conforme à la Rule 10b5-1. Le formulaire 4 indique une date de transaction du 08/09/2025, au cours de laquelle 10 000 actions ordinaires ont été vendues à 250 dollars chacune. Après cette opération, la personne déclarant détient utilement 274 078 actions, composées de 90 415 actions acquises, 28 601 unités d'actions restreintes temporelles non acquises et 155 062 unités d'actions restreintes liées à la performance qui ne seront acquises que si les conditions de performance sont remplies. La vente a été exécutée en vertu d'un plan 10b5-1 adopté le 29/05/2025. Le dossier est un formulaire 4 individuel, signé par Mme Goldstein le 09/09/2025.
Die Chief Financial Officer von Take-Two Interactive (TTWO), Lainie Goldstein, meldete den geplanten Verkauf von Unternehmensaktien im Rahmen eines Rule-10b5-1-Handelsplans. Das Formular 4 zeigt ein Transaktionsdatum vom 08.09.2025, bei dem 10.000 Stammaktien zu je 250 USD verkauft wurden. Nach dieser Transaktion besitzt die meldende Person wirtschaftlich 274.078 Aktien, zusammengesetzt aus 90.415 bereits übertragenen Aktien, 28.601 noch nicht übertragenen zeitbasierten Restricted Stock Units und 155.062 leistungsabhängigen Restricted Stock Units, die nur bei Erfüllung bestimmter Leistungsbedingungen vesten. Der Verkauf wurde gemäß einem am 29.05.2025 angenommenen 10b5-1-Plan ausgeführt. Die Einreichung ist ein Ein-Personen-Formular 4 und wurde von Frau Goldstein am 09.09.2025 unterzeichnet.
FAQ
What transaction did the TTWO Form 4 disclose for Lainie Goldstein?
Was the sale by the CFO of TTWO pre-planned?
How many TTWO shares does the reporting person beneficially own after the sale?
What is the composition of the 274,078 TTWO shares reported?
Does the Form 4 indicate whether the performance RSUs have vested?
