Form 4: Dave & Buster's SVP Acquires Over 12,000 Shares of Common Stock
Insider Trading Disclosure
Les Lehner, SVP and Chief Procurement Officer of Dave & Buster's Entertainment, Inc., acquired 12,226 shares of common stock, increasing his beneficial ownership to 40,496 shares.
Summary
- Les Lehner, SVP, Chief Procurement Officer of Dave & Buster's Entertainment, Inc. (PLAY), acquired 12,226 shares of common stock.
- The transaction occurred on June 18, 2025.
- The acquisition price was $0 per share, indicating a grant or award rather than a cash purchase.
- Following this transaction, Mr. Lehner beneficially owns a total of 40,496 shares of Dave & Buster's common stock.
Sentiment
Score: 6
Explanation: The acquisition of shares by an insider, especially at a $0 price (indicating a grant), is generally viewed as a positive alignment of interests between management and shareholders, suggesting confidence in the company's future.
Positives
- An insider, the SVP and Chief Procurement Officer, increased his stake in the company by acquiring 12,226 shares.
- The acquisition at a price of $0 suggests a stock grant, which aligns the executive's interests with long-term shareholder value.
Future Outlook
NA
Industry Context
This Form 4 filing is a standard disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects an individual executive's equity holdings in the company.
Related Party Transactions
- The acquisition of 12,226 shares by Les Lehner, an SVP and Chief Procurement Officer, is a related party transaction as it involves an executive of the company.
Stakeholder Impact
- Shareholders: The increase in insider ownership may be viewed positively as it aligns management's interests with shareholder value.
- Employees: No direct impact on employees is indicated by this filing.
- Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 06/18/2025 | Date of earliest transaction where Les Lehner acquired common stock. |
| 06/23/2025 | Date the Form 4 was signed by Sherri M. Smith, Attorney-in-Fact for Les Lehner. |
Keywords
Dave & Buster's Entertainment, PLAY, SEC Form 4, Insider Trading, Stock Acquisition, Les Lehner, Common Stock, Executive Compensation, Corporate Governance
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