Form 4: Dave & Buster's CIO Sells Shares for Tax Obligations
Insider Transaction Report
Dave & Buster's SVP Chief Information Officer, Steve Klohn, disposed of 1,067 shares of common stock to cover tax withholding obligations.
Summary
- Steve Klohn, the Senior Vice President and Chief Information Officer of Dave & Buster's Entertainment, Inc. (PLAY), reported a transaction.
- On December 22, 2025, Klohn disposed of 1,067 shares of common stock.
- This disposition was made to satisfy tax withholding obligations, indicated by a transaction price of $0.
- Following this transaction, Klohn beneficially owns 23,176 shares of Dave & Buster's common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment and does not reflect positively or negatively on the company's performance or outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
This insider transaction is a routine event for executives who receive equity compensation, as shares are often sold to cover tax liabilities upon vesting. It does not typically reflect a change in the company's operational performance or strategic direction within the entertainment and restaurant industry.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in insider confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 12/22/2025 | Date of transaction where 1,067 shares of common stock were disposed of. |
| 12/23/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Dave & Buster's, PLAY, Steve Klohn, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Common Stock
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