Form 4: Dave & Buster's Executive Acquires Shares and Stock Options
SEC Form 4 Filing
Antonio Pineiro, SVP, Chief International Development Officer of Dave & Buster's, reports acquisition of shares and stock options.
Summary
- On April 24, 2024, Antonio Pineiro, SVP, Chief International Development Officer of Dave & Buster's Entertainment, Inc., acquired 1,292 shares of common stock at $0.
- Following the transaction, Pineiro directly owns 25,376 shares of common stock.
- Pineiro also acquired 2,000 stock options with an exercise price of $53.33, exercisable in installments starting April 24, 2025, and expiring on April 24, 2034.
- Following the transaction, Pineiro directly owns 2,000 stock options.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares and options by an executive suggests confidence, but it's a routine filing.
Positives
- The acquisition of shares and stock options by a senior executive could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects, although they don't always predict future performance.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: acquisition of common stock and stock options. |
| 04/24/2025 | First vesting date for stock options. |
| 04/24/2026 | Second vesting date for stock options. |
| 04/24/2027 | Third vesting date for stock options. |
| 04/24/2034 | Expiration date for stock options. |
| 04/26/2024 | Date of Form 4 filing. |
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