Dave & Buster's (PLAY) CEO gets new stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dave & Buster's Entertainment, Inc. director and Chief Executive Officer Lal Tarun reported compensation-related equity grants. He received 37,605 shares of Common Stock in the form of restricted stock units under the 2025 Omnibus Incentive Plan, bringing his direct holdings to 49,165 shares after the award.
He was also granted stock options for 54,348 shares of Common Stock at an exercise price of $12.33 per share, expiring on April 24, 2036. Both the restricted stock units and the options will vest in three equal annual installments on each of April 24, 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lal Tarun
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 54,348 | $0.00 | -- |
| Grant/Award | Common Stock | 37,605 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 54,348 shares (Direct, null);
Common Stock — 49,165 shares (Direct, null)
Footnotes (1)
- 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. 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: 37,605 shares
Shares held after RSU grant: 49,165 shares
Stock options granted: 54,348 options
+4 more
7 metrics
Restricted stock units granted
37,605 shares
Common Stock RSUs granted on April 24, 2026
Shares held after RSU grant
49,165 shares
Total direct Common Stock holdings after transaction
Stock options granted
54,348 options
Right to buy Common Stock granted on April 24, 2026
Option exercise price
$12.33 per share
Conversion or exercise price for 54,348 options
Option expiration date
April 24, 2036
Expiration of stock options granted to CEO
RSU vesting dates
2027, 2028, 2029
Three equal annual installments on April 24 of each year
Option vesting dates
2027, 2028, 2029
Three equal annual installments on April 24 of each year
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, stock options, vest in three equal annual installments, +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.
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.
vest in three equal annual installments financial
"will vest in three equal annual installements on each of April 24, 2027, 2028 and 2029"
Common Stock financial
"The shares underlying these stock options will vest and become exercisable in three equal annual installments"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What equity awards did PLAY CEO Lal Tarun receive in this Form 4?
Lal Tarun received restricted stock units and stock options. The filing shows 37,605 restricted stock units and options on 54,348 shares of Dave & Buster's Entertainment, Inc. (PLAY) Common Stock, all granted as compensation under the company’s 2025 Omnibus Incentive Plan.
What is the vesting schedule for the new PLAY restricted stock units and options?
Both awards vest over three years. The restricted stock units and the stock options each vest in three equal annual installments on April 24, 2027, April 24, 2028 and April 24, 2029, tying the CEO’s compensation to multi‑year company performance.
What is the exercise price and expiration date of the new PLAY stock options?
The stock options have a $12.33 exercise price. The grant covers 54,348 shares of Common Stock with an exercise price of $12.33 per share and an expiration date of April 24, 2036, providing long-term equity incentive for the CEO.
Are the PLAY equity grants to Lal Tarun open-market purchases or compensation awards?
The transactions are compensation-related awards. Both the 37,605 restricted stock units and the 54,348 stock options are described as grants under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan, not open‑market buy or sell transactions.