PLAY - Major Exercise Alert: John Mulleady Exercises Options Worth $128K At Dave & Buster's Enter | Benzinga
Disclosed in a recent SEC filing on January 17, Mulleady, SVP at Dave & Buster's Enter (NASDAQ:PLAY), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Mulleady, SVP at Dave & Buster's Enter, a company in the Consumer Discretionary sector, just exercised stock options worth 7,500 shares of PLAY stock with an exercise price of $31.71.
During Thursday's morning session, Dave & Buster's Enter shares down by 0.12%, currently priced at $48.9. Considering the current price, Mulleady's 7,500 shares have a total value of $128,924.
Discovering Dave & Buster's Enter: A Closer Look
Dave & Buster's Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports. The play division includes amusement, simulation, and video games, accounts for more than half of total company revenue. Food and beverage accounts for the rest. About one third of food and beverage revenue comes from alcoholic drinks, with the rest coming from food and nonalcoholic beverages.
Breaking Down Dave & Buster's Enter's Financial Performance
Decline in Revenue: Over the 3 months period, Dave & Buster's Enter faced ...