Take-Two CEO Strauss Zelnick reported a $15.02 million sale of shares held by two trusts on Aug 26 and Aug 27, 2025
Strauss Zelnick, Take-Two Interactive's Chairman and CEO, reported the sale of 65,000 shares held indirectly through two trusts, for $15.02 million, on Aug 26 and Aug 27, 2025. By holder, the form lists 45,000 shares for $10.40 million held by the Zelnick Belzberg Living Trust and 20,000 shares for $4.61 million held by the Zelnick Belzberg Charitable Trust. The average price was $231.04 a share, and a footnote says all the sales were made under a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2025. The sales are reported on Zelnick's Form 4, the form an insider files when trading the company's shares, filed with the SEC on Aug 28, 2025.1,2,3,4,5,6,7,8,9,10,11,12,13
How each figure was checked
- the reporting owner as signedStrauss Zelnick
- the owner's roledirector and officer (Chairman, CEO)
- the issuerTake-Two Interactive
- the side of the tradesale
- shares sold65,000
- value of the sales$15.02 million
- how the shares were held4 sale lines held indirectly (By Zelnick Belzberg Living Trust); 3 sale lines held indirectly (By Zelnick Belzberg Charitable Trust)
- first day of the tradesAug 26, 2025
- last day of the tradesAug 27, 2025
- the sale lines by who held the sharesthe sale lines of this form, by who held the shares: By Zelnick Belzberg Living Trust (held indirectly): 45000 shares for 10403855.67 USD; By Zelnick Belzberg Charitable Trust (held indirectly): 20000 shares for 4613707.28 USD
- average price of the sales$231.04
- footnote F1: the Rule 10b5-1 plan, its adoption date and who adopted itMay 27, 2025Footnotes of the Form 4 filed Aug 28, 2025 ↗
- day the form was filedAug 28, 2025
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The record
- Issuer
- Take-Two Interactive (CIK 946581, filed as TAKE TWO INTERACTIVE SOFTWARE INC)
- Form
- 4
- Accession
- 0001127602-25-021015
- Filed
- Aug 28, 2025
- Period of report
- Aug 26, 2025
- Reporting owner
- Strauss Zelnick (CIK 1223489, filed as ZELNICK STRAUSS)
- Relationship
- director and officer (Chairman, CEO)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- S (sale) · 39,027 Common Stock at $231.02 · Aug 26, 2025 · disposed, indirectly, By Zelnick Belzberg Living Trust · 287,468 held after · footnotes F1, F2 and F3
- Line 2
- S (sale) · 3,435 Common Stock at $231.85 · Aug 26, 2025 · disposed, indirectly, By Zelnick Belzberg Living Trust · 284,033 held after · footnotes F1, F2 and F4
- Line 3
- S (sale) · 2,438 Common Stock at $233.01 · Aug 26, 2025 · disposed, indirectly, By Zelnick Belzberg Living Trust · 281,595 held after · footnotes F1, F2 and F5
- Line 4
- S (sale) · 100 Common Stock at $233.55 · Aug 26, 2025 · disposed, indirectly, By Zelnick Belzberg Living Trust · 281,495 held after · footnotes F1 and F2
- Line 5
- G (gift) · 20,000 Common Stock at $0.00 · Aug 27, 2025 · disposed, indirectly, By Zelnick Belzberg Living Trust · 261,495 held after · footnotes F6 and F7
- Line 6
- G (gift) · 20,000 Common Stock at $0.00 · Aug 27, 2025 · acquired, indirectly, By Zelnick Belzberg Charitable Trust · 20,000 held after · footnote F6
- Line 7
- S (sale) · 2,978 Common Stock at $229.57 · Aug 27, 2025 · disposed, indirectly, By Zelnick Belzberg Charitable Trust · 17,022 held after · footnotes F1, F2 and F8
- Line 8
- S (sale) · 12,278 Common Stock at $230.73 · Aug 27, 2025 · disposed, indirectly, By Zelnick Belzberg Charitable Trust · 4,744 held after · footnotes F1, F2 and F9
- Line 9
- S (sale) · 4,744 Common Stock at $231.27 · Aug 27, 2025 · disposed, indirectly, By Zelnick Belzberg Charitable Trust · 0 held after · footnotes F1, F2 and F10
- Footnote F1
- All of the sales reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2025 by the Reporting Person.
- Footnote F2
- These transactions are reported on separate lines due to the range of the sale prices.
- Footnote F3
- Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $230.51 to $231.50, 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 F4
- Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $231.53 to $232.52, 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 F5
- Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $232.53 to $233.47 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 F6
- The reported gift transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2025 by the Reporting Person.
- Footnote F7
- Represents 261,495 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.
- Footnote F8
- Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $229.10 to $230.10, 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 $230.11 to $231.10, 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 $231.11 to $231.59, 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 39,051 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
- Footnote F12
- 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.
Insider purchases and sales of Take-Two Interactive shares, 12 months
About Take-Two Interactive
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