Trusts tied to Take-Two (NASDAQ: TTWO) sell 70K, gift 40K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Take-Two Interactive Software Inc. reported insider-related activity involving entities associated with Chairman and CEO Strauss Zelnick. Trusts linked to him executed open-market sales totaling 70,000 shares of Common Stock on May 26, 2026 at prices generally in the low $220 range per share.
The filing also shows bona fide gifts of 40,000 shares by related trusts and reports 1,279,802 restricted units of Common Stock held indirectly through ZMC Advisors, L.P., where Zelnick is a partner. All positions in this filing are reported as indirectly held, with Zelnick disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 70,000 shares ($15,554,130)
Net Sell
14 txns
Insider
ZELNICK STRAUSS
Role
Chairman, CEO
Sold
70,000 shs ($15.55M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,457 | $221.37 | $4.31M |
| Sale | Common Stock | 22,338 | $222.39 | $4.97M |
| Sale | Common Stock | 2,100 | $223.53 | $469K |
| Sale | Common Stock | 397 | $224.28 | $89K |
| Sale | Common Stock | 3,868 | $222.46 | $860K |
| Sale | Common Stock | 1,600 | $223.44 | $358K |
| Sale | Common Stock | 240 | $224.33 | $54K |
| Gift | Common Stock | 20,000 | $0.00 | -- |
| Gift | Common Stock | 20,000 | $0.00 | -- |
| Sale | Common Stock | 1,672 | $221.71 | $371K |
| Sale | Common Stock | 15,606 | $222.34 | $3.47M |
| Sale | Common Stock | 2,522 | $223.46 | $564K |
| Sale | Common Stock | 200 | $224.06 | $45K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 151,299 shares (Indirect, By Zelnick Belzberg Living Trust)
Footnotes (1)
- These transactions are reported on separate lines due to the range of the sale prices. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $221.00 to $221.96, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $222.00 to $222.95, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $223.11 to $223.93, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $224.01 to $224.79, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $222.02 to $222.98, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $223.00 to $223.96, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $224.00 to $224.61, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents 64,089 shares of Common Stock held by the Wendy Jay Belzberg 2012 Family Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Wendy Jay Belzberg 2012 Family Trust except to the extent of his pecuniary interest therein Represents 106,464 shares of Common Stock held by the Zelnick Belzberg Living Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Zelnick Belzberg Living Trust except to the extent of his pecuniary interest therein Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $221.40 to $221.99, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $222.00 to $222.98, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $223.00 to $223.98, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $224.01 to $224.08, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. Represents 1,279,802 restricted units held directly by ZMC Advisors, L.P., of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein.
Key Figures
Shares sold: 70,000 shares
Shares gifted: 40,000 shares
Restricted units via ZMC Advisors: 1,279,802 units
+4 more
7 metrics
Shares sold
70,000 shares
Total open-market sales by related trusts on May 26, 2026
Shares gifted
40,000 shares
Bona fide gifts by Zelnick-related trusts on May 26, 2026
Restricted units via ZMC Advisors
1,279,802 units
Restricted units of Common Stock held indirectly by ZMC Advisors, L.P.
Sale price example
$224.33 per share
One reported weighted average sale price for 240 shares
Sale price range example
$221.00–$221.99
Weighted average component range noted in footnote F11
Family trust holding
64,089 shares
Common Stock held by Wendy Jay Belzberg 2012 Family Trust
Living trust holding
106,464 shares
Common Stock held by Zelnick Belzberg Living Trust
Key Terms
bona fide gift, weighted average sales price, restricted units, beneficial ownership, +1 more
5 terms
bona fide gift financial
"Represents a weighted average sales price of shares sold in multiple transactions at sales prices ... "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted average sales price financial
"Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging"
restricted units financial
"Represents 1,279,802 restricted units held directly by ZMC Advisors, L.P."
beneficial ownership financial
"Mr. Zelnick disclaims beneficial ownership of the securities held by the Wendy Jay Belzberg 2012 Family Trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"Mr. Zelnick disclaims beneficial ownership ... except to the extent of his pecuniary interest therein"
FAQ
What insider transactions did TTWO report for entities linked to Strauss Zelnick?
Entities linked to Strauss Zelnick reported open-market sales of 70,000 shares of Take-Two common stock and bona fide gifts of 40,000 shares. All positions are held indirectly through various trusts and an investment partnership, with Zelnick limiting beneficial ownership to his pecuniary interest.
What indirect Take-Two holdings are reported through ZMC Advisors, L.P.?
The filing reports 1,279,802 restricted units of Take-Two common stock held by ZMC Advisors, L.P., where Strauss Zelnick is a partner. These securities are not held by him individually, and he disclaims beneficial ownership except to the extent of his pecuniary interest in the partnership’s holdings.