TTWO Form 4: Director William B. Gordon Granted 1,033 Shares
Rhea-AI Filing Summary
William B. Gordon, a director of Take-Two Interactive Software, Inc. (TTWO), reported an award-based acquisition on 10/01/2025. The filing shows 1,033 shares of Common Stock were acquired at $0, consisting of 967 restricted shares granted under the company's 2017 Stock Incentive Plan and 66 shares issued in lieu of the quarterly cash retainer that were fully vested upon grant. After the transaction the reporting person beneficially owned 61,930 shares. The annual award of 967 restricted shares is scheduled to vest on 10/01/2026, and the Form 4 was signed by an attorney-in-fact on 10/03/2025.
Positive
- 1,033 shares issued to a director increases insider alignment with shareholders
- 66 shares fully vested upon grant, providing immediate alignment without cash payment
Negative
- None.
Insights
Director received 1,033 shares, with 967 RSUs vesting 10/01/2026.
This Form 4 discloses a routine non-employee director compensation event: an annual equity award of 967 restricted shares plus 66 shares in lieu of cash, totaling 1,033 shares issued at no cash cost to the director.
Equity awards for non-employee directors are standard governance practice to align interests; the filing shows 61,930 shares owned post-transaction, which is a concrete ownership figure disclosed for investor transparency.
The annual award's 10/01/2026 vesting date is a specific, monitorable milestone disclosed in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,033 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents (i) an annual award of 967 shares 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") and (ii) 66 shares of common stock granted in lieu of the quarterly non-employee director cash retainer and applicable committee fees at the election of the Reporting Person, which shares were fully vested upon grant. The annual award shares are scheduled to vest on October 1, 2026, subject to the terms of the Plan.
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