STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dave & Buster's Entertainment, Inc. executive Tony Wehner, President of Operations for Main Event, reported routine equity compensation changes. He received 10,153 restricted stock units and 14,674 stock options under the 2025 Omnibus Incentive Plan, both vesting in three equal annual installments on April 24 of 2027, 2028 and 2029.

The filing also shows 586 shares of common stock were withheld to cover tax obligations when restricted stock units vested, and no shares were sold. After these transactions, Wehner directly holds 86,893 shares of common stock and 14,674 stock options.

Positive

  • None.

Negative

  • None.
Insider Wehner Tony
Role Pres. Operations, Main Event
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) 14,674 $0.00 --
Grant/Award Common Stock 10,153 $0.00 --
Tax Withholding Common Stock 586 $12.33 $7K
Holdings After Transaction: Stock Option (Right to Buy) — 14,674 shares (Direct, null); Common Stock — 86,893 shares (Direct, null)
Footnotes (1)
  1. Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest in three equal annual installements on each of April 24, 2027, 2028 and 2029. Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction. Represents stock options granted to the reporting person under the Plan. The shares underlying these stock options will vest and become exercisable in three equal annual installments on each of April 24, 2027, 2028 and 2029.
Restricted stock units granted 10,153 shares Granted April 24, 2026 under 2025 Omnibus Incentive Plan
Stock options granted 14,674 options Right to buy common stock, granted April 24, 2026
Option exercise price <money>$12.33</money> per share Conversion or exercise price for 14,674 options
Options expiration <date>April 24, 2036</date> Expiration date of granted stock options
Shares withheld for tax 586 shares Common stock withheld to satisfy tax obligations on RSU vesting
Shares held after transactions 86,893 shares Total direct common stock holdings after April 24, 2026 transactions
Underlying shares for options 14,674 shares Common stock underlying newly granted options
RSU and option vesting dates <date>April 24, 2027, 2028, 2029</date> Three equal annual installments for RSUs and options
restricted stock units financial
"Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Omnibus Incentive Plan financial
"granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan")"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
tax withholding obligations financial
"shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting"
stock options financial
"Represents stock options granted to the reporting person under the Plan"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vesting financial
"will vest in three equal annual installements on each of April 24, 2027, 2028 and 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
SEC Form 4
FORM 4UNITED 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 TEXAS 75019

(City)(State)(Zip)

UNITED STATES

(Country)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres. Operations, Main Event
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/24/2026A10,153(1)A$086,893D
Common Stock04/24/2026F586(2)D$12.3386,307D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$12.3304/24/2026A14,674 (3)04/24/2036Common Stock14,674$014,674D
Explanation of Responses:
1. Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest in three equal annual installements on each of April 24, 2027, 2028 and 2029.
2. Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction.
3. Represents stock options granted to the reporting person under the Plan. The shares underlying these stock options will vest and become exercisable in three equal annual installments on each of April 24, 2027, 2028 and 2029.
Sherri M. Smith, Attorney-in-Fact04/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did PLAY executive Tony Wehner receive in this Form 4?

Tony Wehner received 10,153 restricted stock units and 14,674 stock options under Dave & Buster's 2025 Omnibus Incentive Plan. Both awards were granted at no cash cost and are scheduled to vest in three equal annual installments beginning April 24, 2027.

When do Tony Wehner's new PLAY restricted stock units and options vest?

The restricted stock units and the shares underlying the stock options vest in three equal annual installments. Vesting dates are April 24, 2027, April 24, 2028, and April 24, 2029, subject to the terms and continued eligibility under the 2025 Omnibus Incentive Plan.

Did Tony Wehner sell any Dave & Buster's (PLAY) shares in this filing?

No shares were sold. The Form 4 shows 586 shares of common stock were withheld by Dave & Buster's solely to satisfy tax withholding obligations related to vesting restricted stock units. The footnote explicitly states that no shares were sold in this transaction.

How many PLAY shares does Tony Wehner own after these Form 4 transactions?

After the reported transactions, Tony Wehner directly holds 86,893 shares of Dave & Buster's common stock. He also holds stock options covering 14,674 underlying shares, which vest over time between April 24, 2027 and April 24, 2029, under the company’s 2025 incentive plan.

What is the exercise price and term of Tony Wehner's new PLAY stock options?

The newly granted stock options cover 14,674 shares of common stock at a conversion or exercise price of $12.33 per share. These options were granted on April 24, 2026 and are scheduled to expire on April 24, 2036, subject to earlier termination under plan terms.