Klohn Steve 4

What Happened
Steve Klohn, SVP & Chief Information Officer of Dave & Buster's Entertainment, had 438 shares withheld on 2026-01-21 to satisfy a tax obligation related to equity compensation (Form 4 code F). The withholding shows a reported price of $0.00 per share and $0 in sale proceeds — this is an internal settlement to cover taxes, not an open-market sale.

Key Details

• Transaction date: 2026-01-21 (filed with the SEC on 2026-01-23).
• Transaction type/code: Payment of exercise price or tax liability (Code F – shares surrendered/withheld for taxes).
• Shares withheld/disposed: 438 shares; reported $0.00 per share and $0 total proceeds.
• Shares owned after transaction: Not specified in the provided filing excerpt. (See the full Form 4 for beneficial ownership totals.)
• Timeliness: Filed within the normal two-business-day window (not indicated as late).

Context
Withholding shares to cover taxes is a routine administrative step after option exercises or vesting events and is not the same as selling shares on the open market; it generally should not be interpreted as a bearish signal. If this followed an option exercise or a vesting event, the net-share settlement simply satisfied tax withholding obligations.