Dornemann Michael 4
Research Summary
AI-generated summary
Take-Two (TTWO) Director Michael Dornemann Sells 1,390 Shares
What Happened
- Michael Dornemann, a director of Take-Two Interactive Software Inc. (TTWO), sold 1,390 shares in an open-market/private sale on March 5, 2026. The shares were disposed at $213.09 each for a total value of approximately $296,195. This was a sale (S code), not a purchase.
Key Details
- Transaction date and price: 2026-03-05, 1,390 shares at $213.09 per share.
- Total proceeds: ~$296,195.
- Shares owned after transaction: not specified in the provided filing.
- Filing: Form 4 was filed on 2026-03-06 (one day after the trade), which is timely under standard insider-reporting rules.
- Transaction code: S = Sale. No 10b5‑1 plan, tax-withholding, or other footnotes were provided in the summary data.
Context
- A single insider sale is a liquidity event for that individual and does not by itself prove a change in company outlook. Purchases tend to be more informative about insider confidence; however, timely Form 4 reporting helps investors track insider activity.