FilingsForm 4
Take-Two CFO Lainie Goldstein sold $8.95 million of shares on Jun 2, 2025
Value$8.95 million
Shares39,729
Average price$225.223
FiledJun 3
Lainie Goldstein, Take-Two Interactive's Chief Financial Officer, sold 39,729 shares on Jun 2, 2025, for $8.95 million. The average price was $225.22 a share, and the shares were held directly. A footnote says the sale was made under a Rule 10b5-1 "sell to cover" election, made only to satisfy a tax withholding obligation when previously granted restricted units were settled, and that it was not a discretionary trade by the reporting person. The sale is reported on a Form 4, the form an insider files when trading the company's shares, filed with the SEC on Jun 3, 2025.1,2,3,4,5,6,7,8,9,10,11,12
How each figure was checked
- the reporting owner as signedLainie Goldstein
- the owner's roleofficer (Chief Financial Officer)
- the issuerTake-Two Interactive
- the side of the tradesale
- shares sold39,729
- value of the sale$8.95 million
- day of the tradeJun 2, 2025
- average price of the sale$225.22
- how the shares were held1 sale line held directly
- footnote F3: the sale was a Rule 10b5-1 sell-to-cover election for tax withholding, not a discretionary tradea sell to cover election for tax withholdingFootnotes of the Form 4 filed Jun 3, 2025 ↗
- the Rule 10b5-1 checkboxticked: the filing marks a transaction on the form as made under a Rule 10b5-1 plan; the box is one answer for the whole form and does not say which line
- day the form was filedJun 3, 2025
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The record
- Issuer
- Take-Two Interactive (CIK 946581, filed as TAKE TWO INTERACTIVE SOFTWARE INC)
- Form
- 4
- Accession
- 0001127602-25-016462
- Filed
- Jun 3, 2025
- Period of report
- Jun 1, 2025
- Reporting owner
- Lainie Goldstein (CIK 1399513, filed as Goldstein Lainie)
- Relationship
- officer (Chief Financial Officer)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- A (grant or award) · 45,223 Common Stock at $0.00 · Jun 1, 2025 · acquired, directly · 355,386 held after · footnotes F1 and F2
- Line 2
- S (sale) · 39,729 Common Stock at $225.223 · Jun 2, 2025 · disposed, directly · 315,657 held after · footnotes F3 and F4
- Footnote F1
- Represents the grant of 45,223 restricted units to Ms. Goldstein under the Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan. Includes (i) 9,045 time-based restricted units that vest 25% on June 1, 2026 and thereafter in twelve equal quarterly installments commencing on September 1, 2026 and (ii) 36,178 performance-based restricted units that vest 100% on June 1, 2028, subject to the satisfaction of certain performance criteria. The number of restricted units was determined based on the dollar value of the award and the average of the closing prices of the common stock on the thirty trading days immediately prior to June 1, 2025.
- Footnote F2
- The number of shares of common stock that may be issued upon vesting of the performance-based units assumes the achievement of the maximum performance criteria (200% of target) established by the Issuer's Compensation Committee; however the actual number of such shares may range from zero to 36,178, with the number of shares at target performance equal to 18,089.
- Footnote F3
- This sale was effected pursuant to a Rule 10b5-1 "sell to cover" election made by the Reporting Person for the sole purpose to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously granted restricted units. This sale does not represent a discretionary trade by the Reporting Person.
- Footnote F4
- Includes (i) 129,098 shares of Common Stock, (ii) 31,497 unvested time-based restricted stock units and (iii) 155,062 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.
Insider purchases and sales of Take-Two Interactive shares, 12 months
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About Take-Two Interactive
Take-Two Interactive page →Revenue$6.66 billionYear to Mar 31, 2026 · +18.16% year over year
Operating income−$104.2 millionYear to Mar 31, 2026 · +97.63% year over year
Net income−$298.2 millionYear to Mar 31, 2026 · +93.34% year over year
- Studios
- 2K, Gearbox Software, Rockstar Games, Zynga
- Games
- Borderlands 4, Color Block Jam, Empires & Puzzles: Match-3 RPG, Grand Theft Auto IV: The Complete Edition, Grand Theft Auto V Enhanced, Grand Theft Auto V Legacy and 9 more
- Open roles
- 143 open roles · 5 posted this week · 5 job boards
- Layoffs, 12 months
- No WARN notices in the US states we read
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