Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Take-Two Interactive Software, Inc. on September 18, 2024. The meeting was conducted virtually via live audio-only webcast. As of the record date, the company had 175,283,440 shares of common stock issued and outstanding, with 156,003,923 shares represented at the meeting.
Key Financial Metrics
This filing is a current report regarding corporate governance and shareholder voting results. It does not provide financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. Investors should refer to the company's most recent 10-K or 10-Q filings for financial performance details.
Material Changes and Voting Results
The filing details the outcomes of three matters submitted to a vote:
- Election of Directors: All ten nominees were duly elected to serve terms expiring at the 2025 annual meeting. Notable voting patterns included:
- Paul Viera and LaVerne Srinivasan received the highest "For" votes (145.6M and 145.5M respectively) and the lowest "Against" votes.
- J Moses and Michael Sheresky received the highest "Against" votes (13.7M and 14.3M respectively), though they were still elected.
- Executive Compensation (Say-on-Pay): The advisory vote to approve named executive officer compensation was approved. Approximately 86% of votes cast were "For" (125.4M), while 12.5% were "Against" (20.1M).
- Auditor Ratification: The appointment of Ernst & Young LLP as independent auditors for the fiscal year ending March 31, 2025, was ratified with overwhelming support (153.9M "For" votes vs. 1.9M "Against").
Guidance, Outlook, and Risks
This filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is strictly a disclosure of shareholder voting results.
Key Facts for Investor Verification
- Verify the specific "Against" vote percentages for directors J Moses and Michael Sheresky to assess potential shareholder sentiment regarding board composition.
- Confirm the total number of shares represented (156M) against the total outstanding (175M) to understand participation rates.
- Note that the auditor ratification was for the fiscal year ending March 31, 2025.
- Recognize that this document contains no financial performance data; verify financial health through separate quarterly or annual reports.