Form 4: Dave & Buster's Executive Tony Wehner Reports Stock Transactions
SEC Form 4 Filing
SVP and Chief Operating Officer of Dave & Buster's, Tony Wehner, reports acquisition and disposal of company stock and stock options.
Summary
- Tony Wehner, SVP and Chief Operating Officer of Dave & Buster's Entertainment, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On October 7, 2024, 730 shares of Common Stock were disposed of at $0 price.
- On October 8, 2024, 16,353 shares of Common Stock were acquired at $0 price.
- Following these transactions, Wehner directly owns 49,293 shares of Common Stock.
- On October 8, 2024, Wehner acquired 8,328 stock options with an exercise price of $31.6, exercisable starting October 8, 2025, and expiring on October 8, 2034.
- Following these transactions, Wehner directly owns 8,328 stock options.
Sentiment
Score: 6
Explanation: Neutral sentiment. The document simply reports stock transactions by an executive. The acquisition of stock options could be seen as a slightly positive signal.
Positives
- The acquisition of stock options by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Executive stock transactions are common and are closely watched by investors as they can provide insights into management's view of the company's prospects.
Stakeholder Impact
- The reported transactions may influence investor sentiment regarding Dave & Buster's stock.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Disposal of 730 shares of Common Stock |
| 10/08/2024 | Acquisition of 16,353 shares of Common Stock and 8,328 stock options |
| 10/08/2025 | First vesting date for stock options |
| 10/08/2026 | Second vesting date for stock options |
| 10/08/2027 | Third vesting date for stock options |
| 10/08/2028 | Fourth vesting date for stock options |
| 10/08/2034 | Expiration date for stock options |
| 10/09/2024 | Date of Form 4 signature |
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