TTWO Filing
4Filing Date: Jun 3, 2026

TAKE TWO INTERACTIVE SOFTWARE INC (TTWO) · Insider Trading (Form 4) SEC Filing

Statement of Changes in Beneficial Ownership

descriptionView SEC Filing
ACC: 0000946581-26-000049open_in_new
Total Value$56.23M
Trades18
Insiders1

Transaction Details

Slatoff Karl
President·Direct
Sell · Dispose
Common Stock
Shares-23.25K
Price$215.88
Total Value$5.02M
Shares Owned After8.64K
Transaction DateJun 3, 2026
10b5-1
Footnotes ▸

Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. | These transactions are reported on separate lines due to the range of the sale prices. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $215.45 to $216.43, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Direct
Sell · Dispose
Common Stock
Shares-1.41K
Price$218.73
Total Value$309.1K
Shares Owned After546
Transaction DateJun 3, 2026
10b5-1
Footnotes ▸

Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. | These transactions are reported on separate lines due to the range of the sale prices. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $218.48 to $219.06, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Direct
Sell · Dispose
Common Stock
Shares-8.47K
Price$214.99
Total Value$1.82M
Shares Owned After31.89K
Transaction DateJun 3, 2026
10b5-1
Footnotes ▸

Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. | These transactions are reported on separate lines due to the range of the sale prices. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.45 to $215.44, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Direct
Sell · Dispose
Common Stock
Shares-1.92K
Price$217.97
Total Value$418.7K
Shares Owned After1.96K
Transaction DateJun 3, 2026
10b5-1
Footnotes ▸

Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. | These transactions are reported on separate lines due to the range of the sale prices. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $217.46 to $218.44, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Direct
Sell · Dispose
Common Stock
Shares-4.76K
Price$217.07
Total Value$1.03M
Shares Owned After3.88K
Transaction DateJun 3, 2026
10b5-1
Footnotes ▸

Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. | These transactions are reported on separate lines due to the range of the sale prices. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $216.46 to $217.45, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Direct
Sell · Dispose
Common Stock
Shares-546
Price$220.00
Total Value$120.1K
Shares Owned After0
Transaction DateJun 3, 2026
10b5-1
Footnotes ▸

Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. | These transactions are reported on separate lines due to the range of the sale prices.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-2.87K
Price$230.14
Total Value$660.7K
Shares Owned After1.01M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $229.93 to $230.89, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Direct
Other · Acquire
Common Stock
Shares+40.36K
Price$0.00
Total Value$0
Shares Owned After40.36K
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC. | Mr. Slatoff received 40,358 shares pursuant to a distribution, as further described in Footnote (15) above, which receipt was exempt from Section 16 as such shares were previously held by Mr. Slatoff indirectly through ZMC.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Dispose · Dispose
Common Stock
Shares-64.81K
Price$0.00
Total Value$0
Shares Owned After1.21M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

EXPLANATORY NOTE: This Form 4 relates to (i) the vesting of 418,774 restricted units previously granted to ZMC Advisors, L.P. ("ZMC") under the Management Agreement, dated effective May 23, 2022, between the issuer and ZMC (the "Management Agreement"), and the sale of shares of Common Stock by ZMC, in order to satisfy the tax obligations of the partners of ZMC arising from such vesting, pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, (ii) the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 due to the failure to meet certain performance conditions, (iii) the distribution by ZMC to certain of its employees of 209,805 shares of Common Stock received by ZMC upon the vesting of the restricted units described above in accordance with the customary historical practices of ZMC, and (iv) the annual grant of restricted stock units to ZMC on June 1, 2026, in each case as further described below. | Represents the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 under the Management Agreement due to the failure to meet certain performance conditions. | Represents 796,216 restricted units and 418,774 shares of Common Stock held directly by ZMC (in each case after giving effect to the forfeiture and vesting described in footnote (2) above and footnote (6) below, respectively), of which Mr. Slatoff is a partner (and such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC except to the extent of his pecuniary interest therein.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-6.13K
Price$224.44
Total Value$1.38M
Shares Owned After1.21M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $223.93 to $224.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-85.75K
Price$227.40
Total Value$19.50M
Shares Owned After1.07M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $226.93 to $227.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-29.23K
Price$226.47
Total Value$6.62M
Shares Owned After1.15M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $225.93 to $226.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-18.34K
Price$229.21
Total Value$4.20M
Shares Owned After1.01M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $228.93 to $229.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Other · Dispose
Common Stock
Shares-209.81K
Price$0.00
Total Value$0
Shares Owned After796.22K
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-24.90K
Price$225.50
Total Value$5.61M
Shares Owned After1.18M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $224.93 to $225.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-41.01K
Price$228.31
Total Value$9.36M
Shares Owned After1.03M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $227.93 to $228.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Sell · Dispose
Common Stock
Shares-739
Price$231.01
Total Value$170.7K
Shares Owned After1.01M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. | These transactions are reported on separate lines due to the range of the sale prices. | On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. | Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $231.00 to $231.02, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.

Slatoff Karl
President·Indirect · By ZMC Advisors, L.P.
Grant · Acquire
Common Stock
Shares+329.95K
Price$0.00
Total Value$0
Shares Owned After1.13M
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸

Represents the grant of 329,949 restricted units to ZMC pursuant to the Restricted Unit Agreement entered into by ZMC and the Company on June 1, 2026 under the Management Agreement. Includes (a) 65,199 time-based restricted units, 21,733 of which units are scheduled to vest on June 1, 2027, 21,733 of which units are scheduled to vest on June 1, 2028, and 21,733 of which units are scheduled to vest on June 1, 2029, and (b) 264,750 performance-based restricted units (representing the maximum number of performance-based units that are eligible to vest) that are subject to vesting on June 1, 2029. Further information regarding the Restricted Unit Agreement and the restricted units, including the vesting schedule, is available in the Company's Registration Statement on Form S-3 filed with the Commission on June 1, 2026. | Represents 1,126,165 restricted units held directly by ZMC Advisors, L.P., of which Mr. Slatoff is a partner (such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein.

Post-Transaction Holdings

Slatoff Karl
SecuritySharesChange
Common Stock1.02M-153.64K (-13.14%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-01 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: TAKE TWO INTERACTIVE SOFTWARE INC (TTWO) CIK: 0000946581 --- Reporting Owner --- Name: Slatoff Karl CIK: 0001427810 Role: Officer (President) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-06-01 | Code: D (Sale to issuer) Shares: -64,812 | Price: $0.00 Shares Owned After: 1,214,990 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F1] EXPLANATORY NOTE: This Form 4 relates to (i) the vesting of 418,774 restricted units previously granted to ZMC Advisors, L.P. ("ZMC") under the Management Agreement, dated effective May 23, 2022, between the issuer and ZMC (the "Management Agreement"), and the sale of shares of Common Stock by ZMC, in order to satisfy the tax obligations of the partners of ZMC arising from such vesting, pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, (ii) the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 due to the failure to meet certain performance conditions, (iii) the distribution by ZMC to certain of its employees of 209,805 shares of Common Stock received by ZMC upon the vesting of the restricted units described above in accordance with the customary historical practices of ZMC, and (iv) the annual grant of restricted stock units to ZMC on June 1, 2026, in each case as further described below. [F2] Represents the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 under the Management Agreement due to the failure to meet certain performance conditions. [F3] Represents 796,216 restricted units and 418,774 shares of Common Stock held directly by ZMC (in each case after giving effect to the forfeiture and vesting described in footnote (2) above and footnote (6) below, respectively), of which Mr. Slatoff is a partner (and such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC except to the extent of his pecuniary interest therein. [Transaction #2] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -6,129 | Price: $224.44 Total Value: $1,375,592.76 Shares Owned After: 1,208,861 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F7] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $223.93 to $224.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #3] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -24,899 | Price: $225.50 Total Value: $5,614,724.50 Shares Owned After: 1,183,962 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F8] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $224.93 to $225.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #4] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -29,230 | Price: $226.47 Total Value: $6,619,718.10 Shares Owned After: 1,154,732 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F9] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $225.93 to $226.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #5] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -85,748 | Price: $227.40 Total Value: $19,499,095.20 Shares Owned After: 1,068,984 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F10] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $226.93 to $227.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #6] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -41,008 | Price: $228.31 Total Value: $9,362,536.48 Shares Owned After: 1,027,976 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F11] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $227.93 to $228.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #7] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -18,345 | Price: $229.21 Total Value: $4,204,857.45 Shares Owned After: 1,009,631 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F12] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $228.93 to $229.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #8] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -2,871 | Price: $230.14 Total Value: $660,731.94 Shares Owned After: 1,006,760 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F13] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $229.93 to $230.89, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #9] Security: Common Stock Date: 2026-06-01 | Code: S (Open market sale) Shares: -739 | Price: $231.01 Total Value: $170,716.39 Shares Owned After: 1,006,021 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F4] All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F6] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. [F14] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $231.00 to $231.02, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #10] Security: Common Stock Date: 2026-06-01 | Code: J (Other acquisition/disposition) Shares: -209,805 | Price: $0.00 Shares Owned After: 796,216 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F15] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC. [F15] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC. [Transaction #11] Security: Common Stock Date: 2026-06-01 | Code: J (Other acquisition/disposition) Shares: +40,358 | Price: $0.00 Shares Owned After: 40,358 | Ownership: D (Direct) Footnotes: [F15] On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC. [F16] Mr. Slatoff received 40,358 shares pursuant to a distribution, as further described in Footnote (15) above, which receipt was exempt from Section 16 as such shares were previously held by Mr. Slatoff indirectly through ZMC. [Transaction #12] Security: Common Stock Date: 2026-06-01 | Code: A (Grant or award) Shares: +329,949 | Price: $0.00 Shares Owned After: 1,126,165 | Ownership: I (Indirect) | Nature: By ZMC Advisors, L.P. Footnotes: [F17] Represents the grant of 329,949 restricted units to ZMC pursuant to the Restricted Unit Agreement entered into by ZMC and the Company on June 1, 2026 under the Management Agreement. Includes (a) 65,199 time-based restricted units, 21,733 of which units are scheduled to vest on June 1, 2027, 21,733 of which units are scheduled to vest on June 1, 2028, and 21,733 of which units are scheduled to vest on June 1, 2029, and (b) 264,750 performance-based restricted units (representing the maximum number of performance-based units that are eligible to vest) that are subject to vesting on June 1, 2029. Further information regarding the Restricted Unit Agreement and the restricted units, including the vesting schedule, is available in the Company's Registration Statement on Form S-3 filed with the Commission on June 1, 2026. [F18] Represents 1,126,165 restricted units held directly by ZMC Advisors, L.P., of which Mr. Slatoff is a partner (such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein. [Transaction #13] Security: Common Stock Date: 2026-06-03 | Code: S (Open market sale) Shares: -8,467 | Price: $214.99 Total Value: $1,820,320.33 Shares Owned After: 31,891 | Ownership: D (Direct) Footnotes: [F19] Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F20] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.45 to $215.44, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #14] Security: Common Stock Date: 2026-06-03 | Code: S (Open market sale) Shares: -23,250 | Price: $215.88 Total Value: $5,019,210.00 Shares Owned After: 8,641 | Ownership: D (Direct) Footnotes: [F19] Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F21] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $215.45 to $216.43, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #15] Security: Common Stock Date: 2026-06-03 | Code: S (Open market sale) Shares: -4,761 | Price: $217.07 Total Value: $1,033,470.27 Shares Owned After: 3,880 | Ownership: D (Direct) Footnotes: [F19] Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F22] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $216.46 to $217.45, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #16] Security: Common Stock Date: 2026-06-03 | Code: S (Open market sale) Shares: -1,921 | Price: $217.97 Total Value: $418,720.37 Shares Owned After: 1,959 | Ownership: D (Direct) Footnotes: [F19] Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F23] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $217.46 to $218.44, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #17] Security: Common Stock Date: 2026-06-03 | Code: S (Open market sale) Shares: -1,413 | Price: $218.73 Total Value: $309,065.49 Shares Owned After: 546 | Ownership: D (Direct) Footnotes: [F19] Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. [F5] These transactions are reported on separate lines due to the range of the sale prices. [F24] Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $218.48 to $219.06, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. [Transaction #18] Security: Common Stock Date: 2026-06-03 | Code: S (Open market sale) Shares: -546 | Price: $220.00 Total Value: $120,120.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F19] Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. [F5] These transactions are reported on separate lines due to the range of the sale prices. --- Footnotes (Complete Index) --- F1: EXPLANATORY NOTE: This Form 4 relates to (i) the vesting of 418,774 restricted units previously granted to ZMC Advisors, L.P. ("ZMC") under the Management Agreement, dated effective May 23, 2022, between the issuer and ZMC (the "Management Agreement"), and the sale of shares of Common Stock by ZMC, in order to satisfy the tax obligations of the partners of ZMC arising from such vesting, pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, (ii) the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 due to the failure to meet certain performance conditions, (iii) the distribution by ZMC to certain of its employees of 209,805 shares of Common Stock received by ZMC upon the vesting of the restricted units described above in accordance with the customary historical practices of ZMC, and (iv) the annual grant of restricted stock units to ZMC on June 1, 2026, in each case as further described below. F10: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $226.93 to $227.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F11: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $227.93 to $228.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F12: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $228.93 to $229.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F13: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $229.93 to $230.89, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F14: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $231.00 to $231.02, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F15: On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. Following such vesting, ZMC distributed a total of 209,805 shares received upon such vesting to its employees for no value, including 40,358 shares to Mr. Slatoff, which shares Mr. Slatoff had previously indirectly beneficially owned through ZMC. F16: Mr. Slatoff received 40,358 shares pursuant to a distribution, as further described in Footnote (15) above, which receipt was exempt from Section 16 as such shares were previously held by Mr. Slatoff indirectly through ZMC. F17: Represents the grant of 329,949 restricted units to ZMC pursuant to the Restricted Unit Agreement entered into by ZMC and the Company on June 1, 2026 under the Management Agreement. Includes (a) 65,199 time-based restricted units, 21,733 of which units are scheduled to vest on June 1, 2027, 21,733 of which units are scheduled to vest on June 1, 2028, and 21,733 of which units are scheduled to vest on June 1, 2029, and (b) 264,750 performance-based restricted units (representing the maximum number of performance-based units that are eligible to vest) that are subject to vesting on June 1, 2029. Further information regarding the Restricted Unit Agreement and the restricted units, including the vesting schedule, is available in the Company's Registration Statement on Form S-3 filed with the Commission on June 1, 2026. F18: Represents 1,126,165 restricted units held directly by ZMC Advisors, L.P., of which Mr. Slatoff is a partner (such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC Advisors, L.P. except to the extent of his pecuniary interest therein. F19: Sale of shares pursuant to Rule 10b5-1 trading plan adopted by Mr. Slatoff on December 12, 2025. F2: Represents the forfeiture of 64,812 performance-based restricted units previously granted to ZMC on June 1, 2023 under the Management Agreement due to the failure to meet certain performance conditions. F20: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $214.45 to $215.44, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F21: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $215.45 to $216.43, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F22: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $216.46 to $217.45, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F23: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $217.46 to $218.44, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F24: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $218.48 to $219.06, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F3: Represents 796,216 restricted units and 418,774 shares of Common Stock held directly by ZMC (in each case after giving effect to the forfeiture and vesting described in footnote (2) above and footnote (6) below, respectively), of which Mr. Slatoff is a partner (and such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZMC except to the extent of his pecuniary interest therein. F4: All of the sales by ZMC reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units that were granted pursuant to the Management Agreement. F5: These transactions are reported on separate lines due to the range of the sale prices. F6: On June 1, 2026, 418,774 restricted units previously granted to ZMC under the Management Agreement vested. The reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025 by ZMC, to satisfy the tax obligations of the partners of ZMC upon the vesting of such restricted units. F7: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $223.93 to $224.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F8: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $224.93 to $225.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. F9: Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $225.93 to $226.92, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer. --- Signature --- /s/ /s/ Karl Slatoff (2026-06-03)

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