Form 4: Dave & Buster's Director Michael Griffith Acquires 18,000 Shares

Sentiment:

SEC Form 4 Filing


Director Michael Griffith purchased 18,000 shares of Dave & Buster's stock at an average price of $27.281 per share.

Summary

  • Michael Griffith, a director at Dave & Buster's Entertainment, Inc., acquired 18,000 shares of common stock.
  • The transaction occurred on December 13, 2024.
  • The shares were purchased at a weighted average price of $27.281.
  • The price range for the purchases was between $27.135 and $27.34 per share.
  • Following the transaction, Griffith beneficially owns 54,269 shares of Dave & Buster's stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive as it reflects a director's purchase of shares, which can be interpreted as a sign of confidence, but it is a routine transaction.

Positives

  • A director's purchase of shares can be seen as a positive signal of confidence in the company's future prospects.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It does not indicate any specific trend in the entertainment industry.

Comparison to Industry Standards

  • Insider trading activity is a common occurrence in publicly listed companies, and this transaction is within the normal range of such activities.
  • Comparable companies would also have similar filings when directors or officers trade shares.

Stakeholder Impact

  • The purchase may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
12/13/2024Date of the stock purchase transaction.

Keywords

Dave & Buster's, Director, Stock Purchase, Insider Trading, Form 4, Michael Griffith, Share Acquisition

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