Emerson Daniel P 4

What Happened
Daniel P. Emerson, Chief Legal Officer of Take-Two Interactive (TTWO), sold 4,419 shares of common stock in an open-market disposition on 2026-06-16 at $230.00 per share, generating proceeds of $1,016,370. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-06-16; Filing date: 2026-06-18 (Form 4 filed within the typical two-business-day window).
• Price and amount: 4,419 shares sold at $230.00 each; total proceeds $1,016,370.
• Reason/plan: Sale pursuant to a Rule 10b5-1 trading plan adopted March 3, 2026 (pre-arranged plan).
• Reported holdings after the transaction: includes 1,040 shares of common stock plus unvested awards — 19,736 time-based RSUs and 93,212 performance-based RSUs (these unvested awards vest, or fail to vest, per their award agreements).
• Transaction code: S = Sale (open market).

Context
Sales under a 10b5-1 plan are pre-scheduled dispositions and are generally treated as routine transactions rather than immediate signals of insider sentiment. The reported unvested RSUs are not liquid shares and will vest according to plan terms; this transaction was a straightforward sale of already-owned shares, not an exercise of options or a gift.