Dave & Buster's grants equity to legal chief

Dave & Buster's Entertainment, Inc. granted equity awards to Chief Legal Officer and Corporate Secretary Rachel Morgan.

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Form Type

Rhea-AI Filing Summary

Dave & Buster's Entertainment, Inc. granted equity awards to Chief Legal Officer and Corporate Secretary Rachel Morgan. She received 126,050 shares of common stock as restricted stock units that vest in three installments on June 22, 2027, June 22, 2028 and June 22, 2029.

She was also granted 84,034 performance-based stock units under the company’s Inducement Plan and stock options covering 122,249 shares of common stock at an exercise price of $10.90 per share, expiring on June 23, 2036. These are compensation-related awards rather than open-market purchases or sales.

Insider Trade Summary

Grant/Award: 332,333 shares

Grant/Award 3 txns

Insider Morgan Rachel

Role Chief Legal Officer, Corp Sec

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	122,249	$10.90	$1.33M
Grant/Award	Performance Shares SSS	84,034	$0.00	$0.00
Grant/Award	Common Stock	126,050	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 122,249 contracts (Direct); Performance Shares SSS — 84,034 contracts (Direct); Common Stock — 126,050 shares (Direct)

Footnotes (3)

F1. Represents a grant of RSU's that will vest in three installments of 42,017 shares on June 22, 2027, 42,017 shares on June 22, 2028 and 42,016 shares on June 22, 2029.
F2. Represents stock options granted to the reporting person under the Inducement Plan. The shares underlying these stock options will vest and become exercisable in substantially three equal installments on the Initial Price Achievement Date.
F3. Represents a grant of performance-based stock units ("PSUs") under the Issuer's Inducement Plan.

Key Figures

RSU grant: 126,050 shares RSU vest 2027: 42,017 shares RSU vest 2028: 42,017 shares +5 more

8 metrics

RSU grant 126,050 shares Restricted stock units vesting 2027–2029

RSU vest 2027 42,017 shares Vesting on June 22, 2027

RSU vest 2028 42,017 shares Vesting on June 22, 2028

RSU vest 2029 42,016 shares Vesting on June 22, 2029

Performance stock units 84,034 units PSUs under Inducement Plan

Stock options granted 122,249 options Right to buy common stock

Option exercise price $10.90 per share Stock option strike price

Option expiration June 23, 2036 Stock option expiry date

Key Terms

RSU, performance-based stock units ("PSUs"), Inducement Plan, stock options, +1 more

5 terms

RSU financial

"Represents a grant of RSU's that will vest in three installments"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

performance-based stock units ("PSUs") financial

"Represents a grant of performance-based stock units ("PSUs") under the Issuer's Inducement Plan"

Inducement Plan financial

"Represents stock options granted to the reporting person under the Inducement Plan"

An inducement plan is a program a company creates to encourage employees or new hires to stay or join by offering special benefits or rewards. It’s like a company giving extra bonuses or perks to persuade someone to choose their job over others, helping the company attract and keep talented workers.

stock options financial

"Represents stock options granted to the reporting person under the Inducement Plan"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

exercise price financial

"The shares underlying these stock options will vest and become exercisable"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Rachel Morgan receive in this Dave & Buster's (PLAY) Form 4 filing?

Rachel Morgan received equity-based compensation, including 126,050 restricted stock units, 84,034 performance-based stock units, and stock options for 122,249 shares at $10.90 per share, all tied to Dave & Buster’s common stock.

Are the Dave & Buster's (PLAY) insider transactions open-market buys or sells?

The transactions are grants of equity awards, not open-market buys or sells. They include restricted stock units, performance-based stock units, and stock options granted as part of compensation for the Chief Legal Officer.

How do the restricted stock units for Rachel Morgan at PLAY vest?

The 126,050 restricted stock units vest in three installments: 42,017 shares on June 22, 2027, 42,017 shares on June 22, 2028, and 42,016 shares on June 22, 2029, aligning vesting with multi-year service.

What stock option grant was reported for Rachel Morgan at Dave & Buster's?

Rachel Morgan was granted stock options for 122,249 shares of Dave & Buster’s common stock at an exercise price of $10.90 per share, with the options expiring on June 23, 2036, under the company’s Inducement Plan.

What are the performance-based stock units granted to Rachel Morgan at PLAY?

She received 84,034 performance-based stock units under the Issuer’s Inducement Plan. These PSUs are tied to Dave & Buster’s common stock and their ultimate payout depends on achieving specified performance conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 04:58 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Morgan Rachel

(Last)

(First)

(Middle)

1221 S. BELT LINE RD., SUITE 500

(Street)

COPPELL

TEXAS

75019

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Dave & Buster's Entertainment, Inc. [ PLAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer, Corp Sec

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/22/2026		A		126,050⁽¹⁾	A	$0	126,050	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$10.9	06/22/2026		A		122,249		⁽²⁾	06/23/2036	Common Stock	122,249	$10.9	122,249	D
Performance Shares SSS	$0	06/22/2026		A		84,034		⁽³⁾	⁽³⁾	Common Stock	84,034	$0	84,034	D

Explanation of Responses:

1. Represents a grant of RSU's that will vest in three installments of 42,017 shares on June 22, 2027, 42,017 shares on June 22, 2028 and 42,016 shares on June 22, 2029.

2. Represents stock options granted to the reporting person under the Inducement Plan. The shares underlying these stock options will vest and become exercisable in substantially three equal installments on the Initial Price Achievement Date.

3. Represents a grant of performance-based stock units ("PSUs") under the Issuer's Inducement Plan.

	Sherri M. Smith, Attorney-in-Fact	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR