Lucky Strike CEO receives 3,247-unit stock grant
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Lucky Strike Entertainment Corp. (LUCK) CEO Thomas F. Shannon received 3,247 restricted stock units on September 30, 2026, relating to Class B Common Stock, under the Business Combination Agreement for the company’s acquisition of Bowlero Corp. The RSUs vest if the Class A Common Stock closing price is at least $17.50 per share for any 10 trading days within any consecutive 20-trading-day period on or before the acquisition’s 5-year anniversary; otherwise, they are forfeited on that anniversary. The reported position following the transaction was 4,923,499 shares.
Insider Trade Summary
Grant/Award: 3,247 shares
Grant/Award
1 txn
Insider
Shannon Thomas F.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 3,247 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,923,499 contracts (Direct)
Footnotes (2)
- F1. The Restricted Stock Units ("RSUs") were received pursuant to the terms of the Business Combination Agreement in connection with the acquisition by the Issuer of Bowlero Corp. (the "Acquisition"). The RSUs will vest if the closing share price of the Class A Common Stock equals or exceeds $17.50 per share for any 10 trading days within any consecutive 20-trading day period on or prior to the 5-year anniversary of the closing date of the Acquisition, and will otherwise be forfeited on the 5-year anniversary of the closing of the Acquisition.
- F2. The shares of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock") are convertible into shares of the Issuer's Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") at the option of the holder on a one-to-one basis, and will automatically convert to shares of Class A Common Stock upon (i) Mr. Shannon ceasing to beneficially own at least 10% of the Issuer's outstanding common stock, (ii) the death or disability of Mr. Shannon, (iii) the employment of Mr. Shannon as the CEO of the Issuer being terminated for cause, and (iv) the fifteenth anniversary of the closing of the Acquisition.
Key Figures
Restricted stock units received: 3,247 RSUs
Class A Common Stock vesting price threshold: $17.50 per share
Required trading days: 10 trading days
+3 more
6 metrics
Restricted stock units received
3,247 RSUs
September 30, 2026
Class A Common Stock vesting price threshold
$17.50 per share
Closing share price condition for the RSUs
Required trading days
10 trading days
Within any consecutive 20-trading-day period
Vesting measurement period
20 consecutive trading days
The price threshold must be met for any 10 trading days within the period
Forfeiture milestone
5 years
RSUs are otherwise forfeited on the acquisition’s 5-year anniversary
Reported shares following transaction
4,923,499 shares
Reported position after the September 30, 2026 transaction
Key Terms
Restricted Stock Units, Business Combination Agreement, consecutive 20-trading day period, Class B Common Stock
4 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") were received pursuant to the terms"
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.
Business Combination Agreement financial
"pursuant to the terms of the Business Combination Agreement"
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
consecutive 20-trading day period financial
"within any consecutive 20-trading day period"
Class B Common Stock financial
"The shares of Class B Common Stock are convertible"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did LUCK CEO Thomas F. Shannon receive?
Thomas F. Shannon received 3,247 restricted stock units on September 30, 2026. The RSUs relate to Class B Common Stock and vest if the Class A Common Stock closing price is at least $17.50 per share for any 10 trading days within any consecutive 20-trading-day period on or before the acquisition’s 5-year anniversary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
