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Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) director receives 1,012-unit equity award vesting 2027

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Form Type
4

Rhea-AI Filing Summary

Lipman Nathaniel reported acquisition or exercise transactions in this Form 4 filing.

Nathaniel Lipman, a director of Dave & Buster's Entertainment, Inc., received an equity award of 1,012 restricted stock units reported as common stock at $0.00 per share. Granted under the 2025 Omnibus Incentive Plan, these units vest in full on August 5, 2027, bringing his reported holdings to 18,715 shares or units.

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Insider Lipman Nathaniel
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 1,012 $0.00 $0.00
Holdings After Transaction: Common Stock — 18,715 shares (Direct)
Footnotes (1)
  1. F1. Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on August 5, 2027.
Restricted stock units granted 1012.0000 units Equity award to director Nathaniel Lipman on August 5, 2026
Grant price per share $0.0000 Reported transaction price per share for the restricted stock unit award
Total holdings after transaction 18715.0000 shares Common stock or units reported as held by Nathaniel Lipman following the grant
Vesting date for RSUs August 5, 2027 Restricted stock units vest in full on this date
restricted stock units financial
"Represents restricted stock units granted to the reporting person under the Dave & Buster's..."
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..."
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.
vesting financial
"The restricted stock units will vest in full on August 5, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
non-derivative financial
"transaction_type is classified as non-derivative for this common stock award entry."

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

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FAQ

What equity award did Nathaniel Lipman report for PLAY?

Nathaniel Lipman reported receiving 1,012 restricted stock units of Dave & Buster's Entertainment, Inc. as an equity grant at $0.00 per share. The award was made under the company's 2025 Omnibus Incentive Plan and will vest in full on August 5, 2027.

How did the PLAY award affect Nathaniel Lipman's holdings?

After the grant of 1,012 restricted stock units, Nathaniel Lipman's reported holdings increased to 18,715 shares or units of Dave & Buster's Entertainment, Inc. These holdings reflect his position following the August 5, 2026 award and include the newly granted units.

When do Nathaniel Lipman's new PLAY restricted stock units vest?

The 1,012 restricted stock units granted to Nathaniel Lipman are scheduled to vest in full on August 5, 2027. Until that vesting date, the units remain subject to the terms and conditions of Dave & Buster's 2025 Omnibus Incentive Plan.

What plan governs Nathaniel Lipman's latest PLAY equity grant?

The reported 1,012 restricted stock units were granted under Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. This plan provides for equity-based compensation awards, and the units granted to Nathaniel Lipman vest entirely on August 5, 2027 if plan conditions are satisfied.

Was Nathaniel Lipman's PLAY award made under a Rule 10b5-1 trading plan?

The transaction is reported as an equity grant and the Rule 10b5-1 checkbox is not marked as an affirmative trading plan. This indicates the 1,012-unit restricted stock award was not designated as executed under a Rule 10b5-1 pre-arranged trading plan.
SEC Form 4
FORM 4UNITED 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*
Lipman Nathaniel

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/05/2026A1,012(1)A$018,715D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on August 5, 2027.
Sherri M. Smith, Attorney-in-Fact08/06/2026
** Signature of Reporting PersonDate
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)