SHEEHAN KEVIN M 4

What Happened Kevin M. Sheehan, a director of Dave & Buster's Entertainment, Inc. (PLAY), reported a gift (Form 4 code G) of 50,000 common shares on January 20, 2026. The filing lists the transaction price as $0.00 and total proceeds of $0, reflecting a transfer rather than a sale. The shares were transferred to a grantor retained annuity trust (GRAT) per the filing footnote.

Key Details

• Transaction date: 2026-01-20 (reported on Form 4 filed 2026-01-21) — timely filing.
• Type/code: Gift (G); price reported $0.00; 50,000 shares disposed.
• Shares owned after transaction: not disclosed in this Form 4.
• Footnote: Transfer to a grantor retained annuity trust (GRAT); Sheehan is not a trustee of the GRAT.
• No indication of a 10b5-1 plan or tax-withholding event in this filing.

Context Gifts to trusts like GRATs are commonly used for estate planning or tax purposes and do not necessarily signal an insider’s view of the company's near-term prospects. Because this was a transfer (gift) with $0 proceeds, it should not be interpreted as a market sale or purchase.