Form 4: Hill Path Capital Group and Director Scott Ross Increase Stake in Dave & Buster's Entertainment
Insider Transaction Report
A recent SEC Form 4 filing reveals that Hill Path Capital Partners LP and its affiliated entities, including Director Scott Ross, have increased their beneficial ownership in Dave & Buster's Entertainment, Inc. through the acquisition of additional common stock.
Summary
- Scott Ross, a Director and 10% owner of Dave & Buster's Entertainment, Inc., indirectly acquired 4,760 shares of common stock on June 27, 2025, at a price of $0.00 per share.
- Following this transaction, the collective beneficial ownership of the reporting persons, including Hill Path Capital Partners LP, Hill Path Capital Partners II LP, Hill Path Co-Investment Partners LP, Hill Path D Fund LP, Hill Path G Fund LP, Hill Path J Fund LP, and Scott Ross, totals 7,124,015 shares of Dave & Buster's common stock.
- The reporting persons constitute a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock.
Sentiment
Score: 7
Explanation: The acquisition of shares at no cost by a significant insider and major shareholder group is generally viewed positively, indicating alignment of interests and potential confidence in the company's future.
Positives
- The acquisition of 4,760 shares at a price of $0.00 indicates a grant or award, which is a direct benefit to the recipient.
- Increased beneficial ownership by a significant investor group and director (Scott Ross) may signal confidence in the company's future prospects and strategic direction.
Related Party Transactions
- The acquisition of shares by a director and significant shareholder group (Hill Path Capital and Scott Ross) is considered a related party transaction.
Stakeholder Impact
- Shareholders: Increased beneficial ownership by a major investor group may signal confidence and influence future corporate decisions, potentially aligning interests more closely with long-term shareholder value.
Key Dates
| Date | Description |
|---|---|
| 06/27/2025 | Date of earliest transaction for the acquisition of 4,760 shares of common stock. |
| 07/01/2025 | Date the Form 4 was signed and filed by Scott Ross and Hill Path Capital entities. |
Keywords
Dave & Buster's, PLAY, SEC Form 4, insider transaction, beneficial ownership, Hill Path Capital, Scott Ross, equity acquisition, investment
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