Dave & Buster's SVP boosts holdings with 14K-share grant

Rhea-AI Filing Summary

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

Senior Vice President & Chief International Development Officer Antonio Pineiro reported the acquisition of 14,051 common shares on 18 Jun 2025. The shares were acquired at $0.00, indicating a stock grant or similar equity award rather than an open-market purchase. Following the transaction, Pineiro's direct ownership increased to 38,275 shares.

The filing shows no derivative security activity and no dispositions. The award materially boosts Pineiro’s equity stake, modestly improving management-shareholder alignment, but the zero-cost nature suggests routine compensation rather than a bullish purchase.

Positive

• 14,051-share award increases insider ownership to 38,275 shares, enhancing management–investor alignment.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine Form 4 shows zero-cost award of 14,051 shares; mildly positive for alignment, limited market impact.

The filing documents a standard equity grant to SVP Antonio Pineiro, raising his direct holdings by roughly 58 percent (to 38,275 shares). Because the shares were issued at no cost, the transaction does not reflect personal capital commitment and therefore provides less signal than an open-market buy. Still, increased insider ownership improves long-term incentive alignment. No derivative exercises, sales, or red-flags appear. Given its routine, compensation-related nature, I view the disclosure as operationally neutral with limited valuation impact.

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^*

Pineiro Antonio

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Int'l Dev Ofc

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/18/2025		A		14,051	A	$0	38,275	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	06/23/2025
	** 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 PLAY shares did Antonio Pineiro acquire?

He received 14,051 common shares on 18 Jun 2025.

What is Antonio Pineiro's total PLAY shareholding after the grant?

His direct ownership stands at 38,275 shares following the transaction.

Did the insider pay for the shares?

No. The Form 4 lists a $0.00 price, indicating a compensatory stock grant.

Were any PLAY shares sold in this filing?

No sales were reported; the filing only records an acquisition.

Does the Form 4 include any derivative security activity?

No derivative securities were acquired or disposed of in this report.