Dave & Buster's Entertainment (PLAY) CEO adds shares in two open-market buys

Rhea-AI Filing Summary

Dave & Buster's Entertainment, Inc. Chief Executive Officer Tarun Lal reported two open-market purchases of common stock. He bought 2,500 shares on September 18, 2025 at $20.52 per share and 1,000 shares on October 21, 2025 at $18.39 per share. Following the most recent transaction, he directly owns 11,560 common shares.

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

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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^*

Lal Tarun

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/18/2025		P		2,500	A	$20.52	10,560	D
Common Stock	10/21/2025		P		1,000	A	$18.39	11,560	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	03/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did PLAY CEO Tarun Lal report?

Tarun Lal reported two open-market purchases of Dave & Buster's common stock. He bought 2,500 shares on September 18, 2025 and 1,000 shares on October 21, 2025, both recorded as direct ownership transactions.

How many Dave & Buster's (PLAY) shares did the CEO buy and at what prices?

The CEO bought 2,500 shares at $20.52 and 1,000 shares at $18.39. Both transactions were coded as open-market purchases of common stock, reflecting direct acquisitions rather than option exercises or grants.

What is Tarun Lal's Dave & Buster's shareholding after these trades?

After the October 21, 2025 purchase, Tarun Lal directly owns 11,560 shares. This figure reflects his common stock position immediately following the latest reported open-market transaction in the filing.

Were the recent PLAY insider trades by the CEO buys or sells?

Both reported transactions are open-market purchases of PLAY common stock. The filing shows two transactions with code P, each labeled as a purchase in the open market or a private transaction, with no sales disclosed.

Does the PLAY Form 4 show any derivative or option exercises by the CEO?

No derivative or option exercises are listed in this Form 4. All reported activity involves non-derivative common stock, and the derivative transaction count and exerciseShares fields are both zero in the transaction summary.