Dave & Buster's (NASDAQ: PLAY) CIO receives RSUs, options grant
Rhea-AI Filing Summary
Dave & Buster's Entertainment SVP & CIO Steve Klohn received new equity awards and had shares withheld for taxes. He was granted 7,521 restricted stock units under the 2025 Omnibus Incentive Plan that vest in three equal annual installments on April 24 of 2027, 2028 and 2029. He also received stock options for 10,870 shares of common stock at an exercise price of $12.33 per share, vesting in three equal annual installments on the same dates and expiring on April 24, 2036. In a separate transaction, 172 shares of common stock were withheld to satisfy tax obligations upon vesting of restricted stock units, and no shares were sold. Following these transactions, he directly holds 45,896 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,349 shares
Net Buy
3 txns
Insider
Klohn Steve
Role
SVP Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,870 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 7,521 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 172 | $12.33 | $2K |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,870 shares (Direct);
Common Stock — 45,896 shares (Direct)
Footnotes (3)
- F1. Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest in three equal annual installements on each of April 24, 2027, 2028 and 2029.
- F2. Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction.
- F3. Represents stock options granted to the reporting person under the Plan. The shares underlying these stock options will vest and become exercisable in three equal annual installments on each of April 24, 2027, 2028 and 2029.
Key Figures
Restricted stock units granted: 7,521 units
Stock options granted: 10,870 options
Option exercise price: $12.33/share
+3 more
6 metrics
Restricted stock units granted
7,521 units
Granted to SVP & CIO on April 24, 2026
Stock options granted
10,870 options
Right to buy common stock at $12.33 per share
Option exercise price
$12.33/share
Exercise price for 10,870 stock options
Shares withheld for taxes
172 shares
Withheld to satisfy tax obligations on RSU vesting
Common shares owned after
46,068 shares
Direct ownership after reported transactions
Option expiration date
April 24, 2036
Expiration for 10,870 stock options
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, tax withholding obligations, stock options, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan"
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.
2025 Omnibus Incentive Plan financial
"granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan")"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
tax withholding obligations financial
"shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units"
stock options financial
"Represents stock options granted to the reporting person under the 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.
exercisable financial
"shares underlying these stock options will vest and become exercisable in three equal annual installments"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did PLAY executive Steve Klohn receive?
Steve Klohn received 7,521 restricted stock units and stock options for 10,870 shares. Both awards were granted under Dave & Buster's 2025 Omnibus Incentive Plan as part of his compensation package.
When will Steve Klohn’s new PLAY restricted stock units vest?
The 7,521 restricted stock units will vest in three equal annual installments. Vesting occurs on April 24 of 2027, 2028 and 2029, aligning Klohn’s compensation with longer-term company performance.
What are the terms of Steve Klohn’s new PLAY stock options?
Klohn’s stock options cover 10,870 shares of common stock at an exercise price of $12.33 per share. They vest in three equal annual installments in 2027, 2028 and 2029 and expire on April 24, 2036.
Under which plan were Steve Klohn’s PLAY equity awards granted?
Both the restricted stock units and stock options were granted under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. This plan governs equity-based compensation for eligible participants, including senior executives.