― Ever since TRANSFORMERS: DARK OF THE MOON hits theaters recently on summer, director Michael Bay has subsequently announced he's quitting the franchise for good after helming three TRANSFORMERS movies. But now he has apparently changed his mind and decides to direct TRANSFORMERS 4 after all! ∙ Bay is in final negotiations to helm the fourth installment, even though they do not have a closed deal. Still, an announcement could come as early as next week. ∙ Bay is currently prepping [...].