FilingsForm 4

ZMC Advisors and Take-Two President Karl Slatoff sold $56.23 million of stock in June

From the public record1 min read

Published Oct 20, 2026 · 05:02 UTCFiled Jun 3, 2026

Value$8.72 million direct, $47.51 million indirect

Shares40,358 direct, 208,969 indirect

Average price$225.52

FiledJun 3

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Karl Slatoff, Take-Two Interactive's President, reported sales of 249,327 shares between Jun 1, 2026 and Jun 3, 2026, for $56.23 million, at an average of $225.52 a share. The Form 4, the form an insider files when trading the company's shares, splits the sales by who held the shares: ZMC Advisors, L.P., of which Slatoff is a partner, sold 208,969 shares on Jun 1 for $47.51 million (listed on the form as indirect holdings), and Slatoff sold 40,358 shares directly on Jun 3 for $8.72 million. The footnotes say ZMC's sales were made under a Rule 10b5-1 trading plan (a pre-arranged plan for trading shares) adopted on Nov 17, 2025, to satisfy its partners' tax obligations, and Slatoff's under a plan he adopted on Dec 12, 2025. The source is that Form 4, filed with the SEC on Jun 3, 2026.1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

How each figure was checked16 facts

Take-Two Interactive Form 4 0000946581-26-000049: ownerKarl SlatoffOur database
Take-Two Interactive Form 4 0000946581-26-000049: relationshipofficer (President)Our database
Take-Two Interactive Form 4 0000946581-26-000049: sidesaleOur database
Take-Two Interactive Form 4 0000946581-26-000049: shares249,327Our database
Take-Two Interactive Form 4 0000946581-26-000049: first dateJun 1, 2026Our database
Take-Two Interactive Form 4 0000946581-26-000049: last dateJun 3, 2026Our database
Take-Two Interactive Form 4 0000946581-26-000049: value$56.23 millionOur database
Take-Two Interactive Form 4 0000946581-26-000049: average price$225.52Our database
Take-Two Interactive Form 4 0000946581-26-000049: by holderthe sale lines of this form, by who held the shares: held directly: 40358 shares for 8720906.46 USD; By ZMC Advisors, L.P. (held indirectly): 208969 shares for 47507972.82 USDOur database
Take-Two Interactive Form 4 0000946581-26-000049: holding8 sale lines held indirectly (By ZMC Advisors, L.P.); 6 sale lines held directlyOur database
the form says the securities are held directly by ZMC Advisors, L.P., of which Slatoff is a partnerZMC Advisors, L.P.Footnotes of the Form 4 on SEC EDGAR ↗
Take-Two Interactive Form 4 0000946581-26-000049, line 2sale (code S): 6,129 shares disposed on Jun 1, 2026 at $224.44 per share; held indirectly (By ZMC Advisors, L.P.); 1,208,861 owned after the lineOur database
Take-Two Interactive Form 4 0000946581-26-000049, line 13sale (code S): 8,467 shares disposed on Jun 3, 2026 at $214.99 per share; held directly; 31,891 owned after the lineOur database
the form says all of ZMC's sales were made under a Rule 10b5-1 trading plan adopted by ZMC on Nov 17, 2025 to satisfy its partners' tax obligationsNovember 17, 2025Footnotes of the Form 4 on SEC EDGAR ↗
the form says Slatoff's direct sales were made under a Rule 10b5-1 trading plan adopted by him on Dec 12, 2025December 12, 2025Footnotes of the Form 4 on SEC EDGAR ↗
Take-Two Interactive Form 4 0000946581-26-000049: filed onJun 3, 2026Our database

The record

Issuer: Take-Two Interactive (CIK 946581, filed as TAKE TWO INTERACTIVE SOFTWARE INC)
Form: 4
Accession: 0000946581-26-000049
Filed: Jun 3, 2026
Period of report: Jun 1, 2026
Reporting owner: Karl Slatoff (CIK 1427810, filed as Slatoff Karl)
Relationship: officer (President)
Rule 10b5-1 checkbox: Ticked
Line 1: D (disposition to the issuer) · 64,812 Common Stock at $0.00 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,214,990 held after · footnotes F1, F2 and F3
Line 2: S (sale) · 6,129 Common Stock at $224.44 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,208,861 held after · footnotes F4, F5, F6 and F7
Line 3: S (sale) · 24,899 Common Stock at $225.50 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,183,962 held after · footnotes F4, F5, F6 and F8
Line 4: S (sale) · 29,230 Common Stock at $226.47 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,154,732 held after · footnotes F4, F5, F6 and F9
Line 5: S (sale) · 85,748 Common Stock at $227.40 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,068,984 held after · footnotes F4, F5, F6 and F10
Line 6: S (sale) · 41,008 Common Stock at $228.31 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,027,976 held after · footnotes F4, F5, F6 and F11
Line 7: S (sale) · 18,345 Common Stock at $229.21 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,009,631 held after · footnotes F4, F5, F6 and F12
Line 8: S (sale) · 2,871 Common Stock at $230.14 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,006,760 held after · footnotes F4, F5, F6 and F13
Line 9: S (sale) · 739 Common Stock at $231.01 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 1,006,021 held after · footnotes F4, F5, F6 and F14
Line 10: J (other acquisition or disposition) · 209,805 Common Stock at $0.00 · Jun 1, 2026 · disposed, indirectly, By ZMC Advisors, L.P. · 796,216 held after · footnote F15
Line 11: J (other acquisition or disposition) · 40,358 Common Stock at $0.00 · Jun 1, 2026 · acquired, directly · 40,358 held after · footnotes F15 and F16
Line 12: A (grant or award) · 329,949 Common Stock at $0.00 · Jun 1, 2026 · acquired, indirectly, By ZMC Advisors, L.P. · 1,126,165 held after · footnotes F17 and F18
Line 13: S (sale) · 8,467 Common Stock at $214.99 · Jun 3, 2026 · disposed, directly · 31,891 held after · footnotes F5, F19 and F20
Line 14: S (sale) · 23,250 Common Stock at $215.88 · Jun 3, 2026 · disposed, directly · 8,641 held after · footnotes F5, F19 and F21
Line 15: S (sale) · 4,761 Common Stock at $217.07 · Jun 3, 2026 · disposed, directly · 3,880 held after · footnotes F5, F19 and F22
Line 16: S (sale) · 1,921 Common Stock at $217.97 · Jun 3, 2026 · disposed, directly · 1,959 held after · footnotes F5, F19 and F23
Line 17: S (sale) · 1,413 Common Stock at $218.73 · Jun 3, 2026 · disposed, directly · 546 held after · footnotes F5, F19 and F24
Line 18: S (sale) · 546 Common Stock at $220.00 · Jun 3, 2026 · disposed, directly · 0 held after · footnotes F5 and F19
Footnote F1: EXPLANATORY NOTE: This Form 4 relates to (i) the vesting of 418,774 restricted units previously granted to ZMC Advisors, L.P. ("ZMC") under the Management Agreement, dated effective May 23, 2022, between the issuer and ZMC (the "Management Agreement"), and the sale of shares of Common Stock by ZMC, in order to satisfy the tax obligations of the partners of ZMC arising from such vesting, pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, (ii) the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 due to the failure to meet certain performance conditions, (iii) the distribution by ZMC to certain of its employees of 209,805 shares of Common Stock received by ZMC upon the vesting of the restricted units described above in accordance with the customary historical practices of ZMC, and (iv) the annual grant of restricted stock units to ZMC on June 1, 2026, in each case as further described below.
Footnote F2: Represents the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 under the Management Agreement due to the failure to meet certain performance conditions.
Footnote F3: Represents 796,216 restricted units and 418,774 shares of Common Stock held directly by ZMC (in each case after giving effect to the forfeiture and vesting described in footnote (2) above and footnote (6) below, respectively), of which Mr. Slatoff is a partner (and such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC except to the extent of his pecuniary interest therein.
Footnote F4: All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement.
Footnote F5: These transactions are reported on separate lines due to the range of the sale prices.
Footnote F6: On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units.
Footnote F7: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $223.93 to $224.92, 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.
Footnote F8: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $224.93 to $225.92, 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.
Footnote F9: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $225.93 to $226.92, 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.
Footnote F10: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $226.93 to $227.92, 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.
Footnote F11: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $227.93 to $228.92, 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.
Footnote F12: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $228.93 to $229.92, 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.
Footnote F13: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $229.93 to $230.89, 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.
Footnote F14: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $231.00 to $231.02, 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.
Footnote F15: On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC.
Footnote F16: Mr. Slatoff received 40,358 shares pursuant to a distribution, as further described in Footnote (15) above, which receipt was exempt from Section 16 as such shares were previously held by Mr. Slatoff indirectly through ZMC.
Footnote F17: Represents the grant of 329,949 restricted units to ZMC pursuant to the Restricted Unit Agreement entered into by ZMC and the Company on June 1, 2026 under the Management Agreement. Includes (a) 65,199 time-based restricted units, 21,733 of which units are scheduled to vest on June 1, 2027, 21,733 of which units are scheduled to vest on June 1, 2028, and 21,733 of which units are scheduled to vest on June 1, 2029, and (b) 264,750 performance-based restricted units (representing the maximum number of performance-based units that are eligible to vest) that are subject to vesting on June 1, 2029. Further information regarding the Restricted Unit Agreement and the restricted units, including the vesting schedule, is available in the Company's Registration Statement on Form S-3 filed with the Commission on June 1, 2026.
Footnote F18: Represents 1,126,165 restricted units held directly by ZMC Advisors, L.P., of which Mr. Slatoff is a partner (such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein.
Footnote F19: Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025.
Footnote F20: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.45 to $215.44, 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.
Footnote F21: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $215.45 to $216.43, 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.
Footnote F22: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $216.46 to $217.45, 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.
Footnote F23: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $217.46 to $218.44, 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.
Footnote F24: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $218.48 to $219.06, 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.