Form 4: Dave & Buster's Director Transfers Shares to Trust

Dave & Buster's Entertainment, Inc. Director Kevin M. Sheehan transferred 50,000 shares of common stock to a grantor retained annuity trust.

Summary

• Director Kevin M. Sheehan of Dave & Buster's Entertainment, Inc. transferred 50,000 shares of common stock.
• The transaction occurred on January 20, 2026, and involved a transfer to a grantor retained annuity trust (GRAT).
• The transfer price was $0 per share, consistent with a non-sale transaction for estate planning.
• Following this transaction, Mr. Sheehan directly beneficially owns 39,645 shares of common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged disposition.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction for estate planning purposes, not indicative of operational performance or strategic shifts for the company.

Related Party Transactions

• Director Kevin M. Sheehan transferred 50,000 shares of common stock to a grantor retained annuity trust (GRAT). A GRAT is an estate planning vehicle established by the grantor, making it a transaction with a related entity.

Stakeholder Impact

• Minimal impact on shareholders as this is a personal estate planning transaction by a director and does not reflect on the company's operational performance or financial health.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Dave & Buster's Entertainment, PLAY, Kevin M. Sheehan, Director, Insider Transaction, Form 4, Stock Transfer, GRAT, 10b5-1 Plan