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

Rhea-AI Filing Summary

Dave & Buster's Entertainment, Inc. (PLAY) – Form 4 insider transaction

Director Hamish Dodds reported the acquisition of 4,760 shares of common stock on 26 June 2025. The filing lists a purchase price of $0.00 per share, indicating the shares were received via a grant or similar equity award rather than an open-market purchase. Following the transaction, Dodds now directly owns 44,216 PLAY shares. No derivative securities were involved and there were no dispositions disclosed.

The activity modestly enlarges the director’s direct stake and may signal ongoing alignment with shareholder interests; however, the volume is immaterial relative to PLAY’s total shares outstanding and is unlikely to influence the company’s capital structure or market liquidity.

Positive

• Director’s direct ownership increased, modestly improving insider-shareholder alignment.

Negative

• Transaction size is immaterial relative to shares outstanding, limiting market impact.

Insights

Equity Analyst

TL;DR – Small, cost-free grant; signals alignment but immaterial to valuation.

Dodds’ 4,760-share award boosts his direct holdings by roughly 12%, yet represents a fraction of a percent of Dave & Buster’s ~41 million outstanding shares. Because the shares were granted at no cost, the filing reflects board-approved compensation rather than open-market conviction buying. Investors may view increased insider ownership as a marginally positive governance signal, but the economic impact and dilution are negligible. I classify the disclosure as non-impactful to the investment thesis.

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^*

DODDS HAMISH

(Last) (First) (Middle)

1221 S. BELT LINE RD., SUITE 500

(Street)

COPPELL TX 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/27/2025		A		4,760	A	$0	44,216	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Sherri M. Smith, Attorney-in-Fact	07/01/2025
	** 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.

FAQ

How many Dave & Buster’s (PLAY) shares did Director Hamish Dodds acquire?

He acquired 4,760 common shares.

What was the reported price of the PLAY shares in the Form 4?

The shares were reported at $0.00 per share, indicating a grant or award.

What is Hamish Dodds’ total PLAY share ownership after the transaction?

Dodds now directly holds 44,216 shares.

Did the filing disclose any sales or derivative transactions?

No; the Form 4 only lists a share acquisition and shows no derivative activity.

Does this insider transaction materially impact Dave & Buster’s share count?

No; 4,760 shares are immaterial compared with the company’s total shares outstanding.