Form 4: Dave & Buster's Interim CEO Kevin Sheehan Acquires 19,025 Shares
SEC Form 4 Filing
Interim CEO Kevin Sheehan reports the acquisition of 19,025 shares of Dave & Buster's Entertainment, Inc. common stock at a weighted average price of $26.4445 on December 19, 2024.
Summary
- On December 19, 2024, Kevin M. Sheehan, the Interim CEO and a Director of Dave & Buster's Entertainment, Inc. (PLAY), acquired 19,025 shares of common stock.
- The shares were purchased at a weighted average price of $26.4445.
- The transactions occurred at prices ranging from $26.28 to $26.70.
- Following the transaction, Sheehan indirectly owns 69,025 shares through a family-owned LLC.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by the CEO is a positive signal, but it's a single transaction and doesn't provide a comprehensive view of the company's health.
Positives
- The Interim CEO's purchase of shares may signal confidence in the company's future performance.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's just one factor among many to consider when evaluating a stock.
Stakeholder Impact
- Shareholders may view the CEO's stock purchase as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 12/19/2024 | Date of the transaction: Kevin Sheehan acquired 19,025 shares of Dave & Buster's common stock. |
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