Form 4: Dave & Buster's CEO Christopher Morris Reports Stock Disposal
SEC Form 4 Filing
CEO Christopher Morris disposed of 1,166 shares of Dave & Buster's Entertainment, Inc. to cover tax obligations.
Summary
- On July 8, 2024, Christopher Daniel Morris, the CEO of Dave & Buster's Entertainment, Inc., reported a transaction involving the disposal of 1,166 shares of common stock.
- The transaction was executed to satisfy tax obligations.
- Following the transaction, Morris directly owns 68,935 shares of Dave & Buster's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/08/2024 | Date of stock disposal transaction |
| 07/09/2024 | Date of signature by Attorney-in-Fact |
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