FilingsForm 4

Take-Two chief legal officer Daniel Emerson sold $6.09 million of shares on Jun 2, 2025

From the public record1 min read

Published Oct 20, 2026 · 05:59 UTCFiled Jun 3, 2025

Value$6.09 million

Shares27,056

Average price$225.223

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.

Daniel Emerson, Take-Two Interactive's Chief Legal Officer, sold 27,056 shares on Jun 2, 2025, for $6.09 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 checked12 facts

the reporting owner as signedDaniel EmersonOur database
the owner's roleofficer (Chief Legal Officer)Our database
the issuerTake-Two InteractiveOur database
the side of the tradesaleOur database
shares sold27,056Our database
value of the sale$6.09 millionOur database
day of the tradeJun 2, 2025Our database
average price of the sale$225.22Our database
how the shares were held1 sale line held directlyOur database
footnote F4: 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 lineOur database
day the form was filedJun 3, 2025Our database

The record

Issuer: Take-Two Interactive (CIK 946581, filed as TAKE TWO INTERACTIVE SOFTWARE INC)
Form: 4
Accession: 0001127602-25-016479
Filed: Jun 3, 2025
Period of report: May 30, 2025
Reporting owner: Daniel Emerson (CIK 1623654, filed as Emerson Daniel P)
Relationship: officer (Chief Legal Officer)
Rule 10b5-1 checkbox: Ticked
Line 1: G (gift) · 45 Common Stock at $0.00 · May 30, 2025 · disposed, directly · 148,292 held after · footnote F1
Line 2: A (grant or award) · 31,035 Common Stock at $0.00 · Jun 1, 2025 · acquired, directly · 179,327 held after · footnotes F2 and F3
Line 3: S (sale) · 27,056 Common Stock at $225.223 · Jun 2, 2025 · disposed, directly · 152,271 held after · footnotes F4 and F5
Footnote F1: Represents a charitable gift/transfer of shares of Common Stock to a 501(c)(3) organization in exchange for no consideration.
Footnote F2: Represents the grant of 31,035 restricted units to Mr. Emerson under the Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan. Includes (i) 6,207 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) 24,828 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 F3: 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 24,828, with the number of shares at target performance equal to 12,414.
Footnote F4: 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 F5: Includes (i) 153 shares of Common Stock acquired pursuant to the Take-Two Interactive Software, Inc. Second Amended and Restated 2017 Global Employee Stock Purchase Plan and 24,086 shares of Common Stock, (ii) 21,618 unvested time-based restricted stock units and (iii) 106,414 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.