Form 4: Dave & Buster's Director Kevin M. Sheehan Reports Stock Disposal
SEC Form 4 Filing
Director Kevin M. Sheehan disposed of 3,724 shares of Dave & Buster's Entertainment, Inc. common stock on April 19, 2024, to cover tax obligations.
Summary
- On April 19, 2024, Kevin M. Sheehan, a director of Dave & Buster's Entertainment, Inc., disposed of 3,724 shares of common stock.
- The transaction was executed to satisfy tax obligations.
- Following the transaction, Sheehan directly owns 98,553 shares of Dave & Buster's Entertainment, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction by a company director. 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 shares are disposed of to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The disposal of shares by a director could have a minor impact on shareholder sentiment, but the transaction is likely routine and related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/19/2024 | Date of transaction: Disposal of 3,724 shares of common stock. |
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