Form 4: Dave & Buster's Director Michael Griffith Acquires 18,000 Shares
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
| Date | Description |
|---|---|
| 12/13/2024 | Date of the stock purchase transaction. |
Keywords
Dave & Buster's, Director, Stock Purchase, Insider Trading, Form 4, Michael Griffith, Share Acquisition
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