Dave & Buster's (PLAY) awards RSUs and options to Interim CFO Hatton
Rhea-AI Filing Summary
Dave & Buster's Entertainment, Inc. reported that Interim CFO Cory Hatton received equity awards on August 10, 2026. The awards include 50,761 restricted stock units, which will vest in two equal installments: 50% on the first anniversary of the grant date or when a permanent CFO is hired, and 50% on the second anniversary. Hatton also received stock options for 50,761 shares of common stock at an exercise price of $10.39 per share, expiring on August 10, 2036. According to the vesting terms, 50% of the 2X Earned Options will vest on the first anniversary of the achievement date or when a permanent CFO is hired, with the remaining 50% vesting ratably over two years. Following these grants, Hatton directly holds 100,475 shares of common stock.
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Insider Trade Summary
Net Buyer: 50,761 shares
Net Buy
2 txns
Insider
Hatton Cory
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F2 | 50,761 | $10.39 | $527K |
| Grant/Award | Common Stock F1 | 50,761 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 50,761 shares (Direct);
Common Stock — 100,475 shares (Direct)
Footnotes (2)
- F1. Represents a grant of RSUs that will vest in two equal installments. 50% will vest on the first anniversary of the Grant Date or when a permanent CFO is hired and 50% will vest on the second anniversary of the Grant Date.
- F2. 50% of the 2X Earned Options will vest on the first anniversary of the Achievement Date or when a permanent CFO is hired and the other 50% will vest ratably over the two years.
Key Figures
RSUs granted: 50,761 shares
Options granted: 50,761 shares
Option exercise price: $10.39 per share
+2 more
5 metrics
RSUs granted
50,761 shares
Restricted stock units granted to Interim CFO on August 10, 2026
Options granted
50,761 shares
Stock options underlying common shares granted on August 10, 2026
Option exercise price
$10.39 per share
Exercise price of stock options expiring August 10, 2036
Options expiration
August 10, 2036
Expiration date of the reported stock options
Shares held after grants
100,475 shares
Total common shares directly held by Interim CFO after these transactions
Key Terms
RSUs, Grant Date, Achievement Date
3 terms
RSUs financial
"Represents a grant of RSUs that will vest in two equal installments."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Grant Date financial
"50% will vest on the first anniversary of the Grant Date or when a permanent CFO is hired"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Achievement Date financial
"50% of the 2X Earned Options will vest on the first anniversary of the Achievement Date"
FAQ
What equity awards did PLAY Interim CFO Cory Hatton receive on August 10, 2026?
Interim CFO Cory Hatton received 50,761 RSUs and stock options for 50,761 shares at an exercise price of $10.39 per share, with vesting tied to time and executive hiring milestones.
How do the 50,761 RSUs granted to PLAY’s Interim CFO vest?
The 50,761 RSUs vest in two equal installments: 50% on the first anniversary of the grant date or when a permanent CFO is hired, and 50% on the second anniversary of the grant date, subject to the stated conditions.
What are the key terms of the 50,761 stock options granted to PLAY’s Interim CFO?
The stock options cover 50,761 shares of common stock at an exercise price of $10.39 per share and expire on August 10, 2036. Vesting of the 2X Earned Options is split between the first anniversary of the achievement date and the following two years.
Is the equity awarded to PLAY’s Interim CFO tied to hiring a permanent CFO?
Yes. For both the RSUs and the 2X Earned Options, 50% of each award may vest on the first anniversary of the relevant date or when a permanent CFO is hired, whichever condition is satisfied as stated.
AI-generated analysis. How Rhea-AI works. Not financial advice.
