Barron's Online (subscription required), this is the second purchase he's made since becoming chief in March 2007. He now owns 47,294 shares and about 75,000 exercisable options.
Said a spokesperson, "John believes that senior executives should be invested in the company." The stock was as high as 54.57 on May 13, the day they reported a $454 million loss in Fiscal 2008. Of course, if he's still confident in the inevitability of the Take-Two takeover, those shares will probably rise a good bit. Speaking of which, the third extension for the Take-Two offer now puts the deadline at June 16.