Emerson Daniel P 4
Research Summary
AI-generated summary
Take-Two (TTWO) Chief Legal Officer Daniel P. Emerson Sells Shares
What Happened
- Daniel P. Emerson, Chief Legal Officer of Take-Two Interactive (TTWO), sold 4,421 shares of common stock on June 15, 2026 at $215.00 per share, for total proceeds of $950,515. The transaction is reported as a sale (not a purchase).
Key Details
- Transaction date and price: June 15, 2026 — 4,421 shares at $215.00 each (total $950,515).
- Shares owned after transaction: 5,459 shares of common stock reported beneficially owned, plus 19,736 unvested time-based restricted stock units and 93,212 unvested performance-based restricted stock units (these unvested awards vest, or fail to vest, per their agreements).
- Footnotes: Sale made pursuant to a Rule 10b5-1 trading plan adopted March 3, 2026.
- Filing timeliness: Report filed the same day as the transaction (no late filing indicated).
Context
- A 10b5-1 trading plan is a pre-arranged schedule that allows insiders to sell shares at set times; such sales are commonly routine and do not, by themselves, indicate the insider’s current view of the company. Unvested RSUs listed are subject to the terms of their award agreements and are not immediately transferable.