Director Kevin M. Sheehan filed a Form 4 with the SEC on November 3, 2026, disclosing a transfer of 39,495 shares of Dave & Buster's Entertainment, Inc. common stock to a grantor retained annuity trust on November 2, 2026.

Key Highlights

  • Reporting person: Kevin M. Sheehan, identified as a Director of Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY)
  • Transaction date: November 2, 2026
  • Shares transferred: 39,495 shares of common stock, coded as a gift (transaction code G) disposed of at $0 price
  • Destination of shares: A grantor retained annuity trust (GRAT) of which the reporting person is not a trustee, per the filing's footnote
  • Beneficial ownership following transaction: 90,381 shares of common stock held directly

Kevin Sheehan's GRAT Transfer of Dave & Buster's Common Stock

According to the filing, Director Kevin M. Sheehan disposed of 39,495 shares of Dave & Buster's Entertainment, Inc. common stock on November 2, 2026, via transaction code G, which corresponds to a gift. The stated price was $0. The filing's footnote explains that "this transaction involved the transfer of shares of common stock to a grantor retained annuity trust ('GRAT'), of which the reporting person is not a trustee."

Following the reported transaction, Sheehan's direct beneficial ownership of common stock stood at 90,381 shares, as reported in Table I of the filing. No derivative securities transactions were reported in Table II. The Form 4 was signed by Sherri M. Smith as Attorney-in-Fact and filed on November 3, 2026. The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan.

Sheehan's address of record is listed as 1221 S. Belt Line Rd., Suite 500, Coppell, Texas 75019. The filing was submitted as an individual filing by one reporting person and covers only non-derivative securities.

What Was Disclosed

Director Kevin M. Sheehan reported the transfer of 39,495 shares of Dave & Buster's Entertainment common stock to a GRAT on November 2, 2026, at $0, leaving him with direct beneficial ownership of 90,381 shares.