Dave & Buster's (PLAY) CFO has 4,920 shares withheld for RSU taxes, keeps over 100K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dave & Buster's Entertainment, Inc. Chief Financial Officer Darin Harper reported a routine tax-related share disposition. On this Form 4, 4,920 shares of common stock were withheld by the company to cover tax withholding obligations tied to vesting of restricted stock units. The footnote clearly states that no shares were sold in the market as part of this event. After the withholding, Harper directly owns 106,906 shares of Dave & Buster's common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harper Darin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,920 | $11.40 | $56K |
Holdings After Transaction:
Common Stock — 106,906 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 4,920 shares
Withholding price per share: $11.40 per share
Shares held after transaction: 106,906 shares
3 metrics
Shares withheld for taxes
4,920 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding price per share
$11.40 per share
Value used for tax-withholding disposition
Shares held after transaction
106,906 shares
CFO direct ownership following tax withholding
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Common Stock
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
tax withholding obligations financial
"withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Dave & Buster's (PLAY) CFO report?
Dave & Buster's CFO Darin Harper reported a tax-related share disposition. The company withheld 4,920 common shares to satisfy tax obligations from vesting restricted stock units, and no shares were sold in the open market.
What are the Dave & Buster's (PLAY) CFO's holdings after this Form 4 transaction?
After the tax-related share withholding, CFO Darin Harper directly holds 106,906 shares of Dave & Buster's common stock. This figure reflects his remaining direct ownership following the 4,920 shares withheld to cover tax obligations.
What does the F transaction code mean in the Dave & Buster's (PLAY) Form 4?
The F code represents a tax-withholding disposition. In this case, 4,920 shares of common stock were delivered back to Dave & Buster's to satisfy tax liabilities from restricted stock unit vesting rather than being sold in the open market.