Take-Two adopts nonqualified deferred compensation plan effective September 1, 2025
Take-Two Interactive Software approved a nonqualified deferred compensation plan for certain key employees, including named executive officers, and directors, effective September 1, 2025. The plan lets eligible participants defer part of their pay, and the company does not match those deferrals, so the filing describes a benefits arrangement rather than a change in financial results.
Key points
- Employees may defer up to 50% of base salary and up to 90% of annual cash bonus, by irrevocable election
- Directors may defer up to 100% of cash board retainers and meeting fees
- No company matching contributions; discretionary contributions may be made at the company's election
- Plan obligations are general unsecured obligations of the company; a revocable trust may be established to hold amounts
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.