Form 4: Dave & Buster's CFO Darin Harper Reports Acquisition of 17,335 Shares Under 10b5-1 Plan

Dave & Buster's Chief Financial Officer, Darin Harper, reported the acquisition of 17,335 shares of common stock on June 18, 2025, increasing his beneficial ownership to 53,073 shares, likely as part of an equity compensation plan.

Summary

• Darin Harper, Chief Financial Officer of Dave & Buster's Entertainment, Inc. (PLAY), reported a transaction involving the company's common stock.
• On June 18, 2025, Mr. Harper acquired 17,335 shares of common stock.
• The acquisition price per share was $0, indicating this was likely a grant or award (e.g., vesting of restricted stock units) rather than a cash purchase.
• Following this transaction, Mr. Harper's total beneficial ownership of Dave & Buster's common stock increased to 53,073 shares.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, which is a pre-arranged trading plan designed to comply with insider trading laws.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive, especially at a $0 price (indicating a grant or award), is generally a positive signal as it increases insider ownership and aligns management's interests with shareholders. It suggests confidence in the company's long-term prospects.

Positives

• The acquisition of shares by a key executive like the CFO can be seen as a positive signal, indicating confidence in the company's future performance.
• The increase in beneficial ownership aligns the CFO's interests more closely with those of shareholders, promoting long-term value creation.

Risks

• This Form 4 filing primarily reports an insider transaction and does not detail company-specific operational or financial risks. General market risks associated with holding equity apply.

Future Outlook

This Form 4 filing reports a specific insider transaction and does not provide forward-looking statements or guidance regarding the company's future performance or outlook. The transaction date of June 18, 2025, suggests a future event, likely a scheduled vesting or grant under an existing equity compensation plan.

Industry Context

Insider transactions, such as the acquisition of shares by a Chief Financial Officer, are common across all industries. While this specific filing does not provide broader industry context, such transactions are generally viewed by investors as a sign of management's confidence in the company's prospects within its sector, in this case, the entertainment and restaurant industry.

Related Party Transactions

• Acquisition of 17,335 shares of common stock by Chief Financial Officer Darin Harper at a price of $0 per share, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Increased alignment of management interests with shareholders due to higher insider ownership.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• This document reports a completed or scheduled insider transaction. No explicit future actions or milestones for the company are mentioned within this specific filing.

Key Dates

Keywords

Dave & Buster's, PLAY, Darin Harper, CFO, Insider Trading, Form 4, Stock Acquisition, Beneficial Ownership, Rule 10b5-1, Equity Compensation