PLAY Form 4: COO Receives 2,856 RSUs & 11,184 Options; Holds 56,320 Shares

Q: How many Dave & Buster's (PLAY) shares does COO Tony Wehner now hold?

56,320 common shares directly owned after the reported transactions.

Q: What new equity awards were granted to the executive?

2,856 RSUs and 11,184 stock options (8,328 @ $33.02; 2,856 @ $30.45) were granted.

[Form 4] Dave & Buster's Entertainment, Inc. Insider Trading Activity

Filing Impact

(Low)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Form 4 overview 鈥� Dave & Buster鈥檚 Entertainment, Inc. (PLAY)

Senior Vice President & Chief Operating Officer Tony Wehner reported several equity transactions on 18 Apr 2025 and 27 Jun 2025. The filing reflects routine vesting of previously granted performance-based restricted stock units (PSUs), associated tax-withholding share disposals, a new grant of restricted stock units (RSUs), and two new stock-option awards granted under the 2025 Omnibus Incentive Plan.

PSU vesting (18 Apr 2025): 1,819 shares vested; 556 shares withheld for taxes. A second PSU tranche of 660 shares vested; 202 shares withheld for taxes.
RSU grant (27 Jun 2025): 2,856 RSUs awarded; scheduled to vest in three equal annual installments on 24 Apr 2026, 2027 and 2028.
Stock-option grants: 8,328 options at $33.02 (grant date deemed 18 Jun 2025; exercisable in three annual tranches starting 20 Dec 2025) and 2,856 options at $30.45 (grant date 27 Jun 2025; exercisable in three annual tranches starting 24 Apr 2026). Both options expire in 2034鈥�2035.
Post-transaction ownership: 56,320 common shares held directly; 11,184 unexercised stock options.

The transactions did not involve open-market purchases or sales and represent standard incentive compensation activity. No immediate cash proceeds were reported, and there is no indication of a change in strategic outlook for PLAY.

鞏戩嫕 4 臧滌殧鈥� Dave & Buster鈥檚 Entertainment, Inc. (PLAY)

靾橃劃攵€靷灔鞚挫瀽斓滉碃鞖挫榿毂呾瀯鞛愳澑 Tony Wehner電� 2025雲� 4鞗� 18鞚缄臣 6鞗� 27鞚检棎鞐煬欤检嫕瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞚措矆鞝滌稖靹滊電� 鞚挫爠鞐� 攵€鞐悳靹标臣旮半皹鞝滍暅欤检嫕雼渼(PSU)鞚� 鞝曣赴鞝� 甓岆Μ 頇曥爼, 甏€霠� 靹戈笀鞗愳矞歆曥垬欤检嫕觳橂秳, 靸堧鞖� 鞝滍暅欤检嫕雼渼(RSU) 攵€鞐�, 攴鸽Μ瓿� 2025雲� 齑濌磩鞚胳劶韹半笇瓿勴殟鞐� 霐半ジ霊� 瓯挫潣鞁犼窚欤检嫕鞓奠厴攵€鞐ゼ氚橃榿頃╇媹雼�.

PSU 甓岆Μ 頇曥爼 (2025雲� 4鞗� 18鞚�): 1,819欤� 甓岆Μ 頇曥爼; 556欤� 靹戈笀鞗愳矞歆曥垬. 霊� 氩堨Ц PSU 韸鸽灉旃� 660欤� 甓岆Μ 頇曥爼; 202欤� 靹戈笀鞗愳矞歆曥垬.
RSU 攵€鞐� (2025雲� 6鞗� 27鞚�): 2,856 RSU 攵€鞐�; 2026雲� 4鞗� 24鞚�, 2027雲�, 2028雲勳棎瓯胳硱 3雲勱皠毵る厔霃欖澕牍勳湪搿� 甓岆Μ 頇曥爼鞓堨爼.
欤检嫕鞓奠厴攵€鞐�: 8,328 鞓奠厴 (頄夓偓臧€ $33.02, 攵€鞐澕 2025雲� 6鞗� 18鞚茧 臧勳＜; 2025雲� 12鞗� 20鞚茧秬韯� 3雲勱皠毵る厔攵勴暊頄夓偓臧€電�) 氚� 2,856 鞓奠厴 (頄夓偓臧€ $30.45, 攵€鞐澕 2025雲� 6鞗� 27鞚�; 2026雲� 4鞗� 24鞚茧秬韯� 3雲勱皠毵る厔攵勴暊頄夓偓臧€電�). 霊� 鞓奠厴氇憪 2034~2035雲勳棎毵岆.
瓯半灅頉� 靻岇湢順勴櫓: 歆侅爲氤挫湢頃� 氤错喌欤� 56,320欤�; 氙疙枆靷� 欤检嫕鞓奠厴 11,184臧�.

鞚措矆瓯半灅電� 瓿店皽鞁滌灔鞐愳劀鞚� 毵れ垬霕愲姅毵る弰毳� 韽暔頃橃 鞎婌溂氅�, 響滌 鞚胳劶韹半笇氤挫儊頇滊彊鞚� 雮橅儉雰呺媹雼�. 歃夑皝鞝侅澑順勱笀靾橃澋鞚€ 氤搓碃霅橃 鞎婌晿鞙茧┌, PLAY鞚� 鞝勲灥鞝� 鞝勲 氤€頇旊姅氤挫澊歆€ 鞎婌姷雼堧嫟.

Insights

TL;DR: Routine incentive-plan vesting and grants; neutral for valuation.

The filing shows customary PSU vesting, tax withholding, and new RSU/option awards for a senior executive. There are no open-market transactions, so the activity does not signal management鈥檚 view on intrinsic value. The cumulative equity awarded (鈮�2.9k RSUs and 11.2k options) modestly increases potential dilution but remains immaterial relative to PLAY鈥檚 ~48 million shares outstanding. I classify the event as neutral and not impactful for investors.

鞏戩嫕 4 臧滌殧鈥� Dave & Buster鈥檚 Entertainment, Inc. (PLAY)

PSU 甓岆Μ 頇曥爼 (2025雲� 4鞗� 18鞚�): 1,819欤� 甓岆Μ 頇曥爼; 556欤� 靹戈笀鞗愳矞歆曥垬. 霊� 氩堨Ц PSU 韸鸽灉旃� 660欤� 甓岆Μ 頇曥爼; 202欤� 靹戈笀鞗愳矞歆曥垬.
RSU 攵€鞐� (2025雲� 6鞗� 27鞚�): 2,856 RSU 攵€鞐�; 2026雲� 4鞗� 24鞚�, 2027雲�, 2028雲勳棎瓯胳硱 3雲勱皠毵る厔霃欖澕牍勳湪搿� 甓岆Μ 頇曥爼鞓堨爼.
欤检嫕鞓奠厴攵€鞐�: 8,328 鞓奠厴 (頄夓偓臧€ $33.02, 攵€鞐澕 2025雲� 6鞗� 18鞚茧 臧勳＜; 2025雲� 12鞗� 20鞚茧秬韯� 3雲勱皠毵る厔攵勴暊頄夓偓臧€電�) 氚� 2,856 鞓奠厴 (頄夓偓臧€ $30.45, 攵€鞐澕 2025雲� 6鞗� 27鞚�; 2026雲� 4鞗� 24鞚茧秬韯� 3雲勱皠毵る厔攵勴暊頄夓偓臧€電�). 霊� 鞓奠厴氇憪 2034~2035雲勳棎毵岆.
瓯半灅頉� 靻岇湢順勴櫓: 歆侅爲氤挫湢頃� 氤错喌欤� 56,320欤�; 氙疙枆靷� 欤检嫕鞓奠厴 11,184臧�.

07/07/2025 - 06:52 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wehner Tony

(Last)

(First)

(Middle)

1221 S. BELT LINE RD., SUITE 500

(Street)

COPPELL

75019

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Dave & Buster's Entertainment, Inc. [ PLAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
04/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/18/2025		A		1,819⁽¹⁾	A	$0	53,562	D
Common Stock	04/18/2025		F		556⁽²⁾	D	$19.46	53,006	D
Common Stock	04/18/2025		A		660⁽³⁾	A	$0	53,666	D
Common Stock	04/18/2025		F		202⁽⁴⁾	D	$19.46	53,464	D
Common Stock	06/27/2025		A		2,856⁽⁵⁾	A	$0	56,320	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$33.02	06/18/2025⁽⁶⁾		A		8,328		⁽⁶⁾	12/20/2034	Common Stock	8,328	$0	8,328	D
Stock Option (Right to Buy)	$30.45	06/27/2025		A		2,856		⁽⁷⁾	06/27/2035	Common Stock	2,856	$0	2,856	D

Explanation of Responses:

1. Represents shares of common stock delivered upon the vesting of performance-based restricted stock units ("PSUs") that were initially granted to the reporting person on June 29, 2022. The PSUs vested in a single lump-sum based on the satisfaction by Dave & Buster's Entertainment, Inc. (the "Issuer") of certain performance criteria for a three-year performance period.

2. Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,819 PSUs granted to the reporting person on June 29, 2022. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the closing price per share on the next trading day following the date on which the PSUs vested as reported on The Nasdaq Global Select Market.

3. Represents shares of common stock delivered upon the vesting of PSUs that were initially granted to the reporting person on June 29, 2022. The PSUs vested in a single lump-sum based on the Issuer's satisfaction of certain performance criteria for a three-year performance period.

4. Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 660 PSUs granted to the reporting person on June 29, 2022. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the closing price per share on the next trading day following the date on which the PSUs vested as reported on The Nasdaq Global Select Market.

5. Represents a grant of restricted stock units that will vest in three equal annual installments on each of April 24, 2026, 2027 and 2028.

6. Represents a contingent stock option granted to the reporting person on December 20, 2024 that was subject to shareholder approval of the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan at the Issuer's annual meeting of shareholders held on June 18, 2025. The shares underlying this stock option will vest and become exercisable in three equal installments on each of December 20, 2025, 2026 and 2027, as long as the reporting person is providing services to the Issuer on such dates.

7. The shares underlying this stock option will vest and become exercisable in three equal installments on each of April 24, 2026, 2027 and 2028, as long as the reporting person is providing services to the Issuer on such dates.

	/s/ Sherri M. Smith, Attorney-in-Fact	07/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many Dave & Buster's (PLAY) shares does COO Tony Wehner now hold?

56,320 common shares directly owned after the reported transactions.

Were any Dave & Buster's shares bought or sold on the open market?

No. All acquisitions were from vesting or grants; dispositions were tax-withholding only.

What new equity awards were granted to the executive?

2,856 RSUs and 11,184 stock options (8,328 @ $33.02; 2,856 @ $30.45) were granted.

When will the newly granted RSUs vest?

They vest in three equal installments on 24 Apr 2026, 2027 and 2028.

Does this Form 4 filing imply any change in Dave & Buster's outlook?

No. The filing reflects routine compensation events without forward-looking statements.

AG真人官方

[Form 4] Dave & Buster's Entertainment, Inc. Insider Trading Activity

Insights

FAQ

How many Dave & Buster's (PLAY) shares does COO Tony Wehner now hold?

Were any Dave & Buster's shares bought or sold on the open market?

What new equity awards were granted to the executive?

When will the newly granted RSUs vest?

Does this Form 4 filing imply any change in Dave & Buster's outlook?

NASDAQ:PLAY

PLAY Rankings

PLAY Latest News

PLAY Latest SEC Filings

PLAY Stock Data

AG真人官方

Trending News

[Form 4] Dave & Buster's Entertainment, Inc. Insider Trading Activity

Insights

Securities Analyst neutral

FAQ

How many Dave & Buster's (PLAY) shares does COO Tony Wehner now hold?

Were any Dave & Buster's shares bought or sold on the open market?

What new equity awards were granted to the executive?

When will the newly granted RSUs vest?

Does this Form 4 filing imply any change in Dave & Buster's outlook?

NASDAQ:PLAY

PLAY Rankings

PLAY Latest News

PLAY Latest SEC Filings

PLAY Stock Data