Director at Dave & Buster's (NASDAQ: PLAY) receives 11,278 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dave & Buster's Entertainment, Inc. director Kevin M. Sheehan received an equity award in the form of restricted stock units. He was granted 11,278 restricted stock units under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan, with the units scheduled to vest in full on April 24, 2027.
After this award, Sheehan directly holds 91,842 shares of common stock. The filing also reports 69,025 shares of common stock held indirectly through a family-owned limited liability company, reflecting additional ownership associated with him. The grant is a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SHEEHAN KEVIN M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,278 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 91,842 shares (Direct, null);
Common Stock — 69,025 shares (Indirect, Family Owned LLC)
Footnotes (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 April 24, 2027. This Form 4 includes the indirect holdings of a family owned limited liability company.
Key Figures
RSUs granted: 11,278 units
Vesting date: April 24, 2027
Direct shares after grant: 91,842 shares
+2 more
5 metrics
RSUs granted
11,278 units
Restricted stock units granted to Kevin M. Sheehan
Vesting date
April 24, 2027
RSUs vest in full on this date
Direct shares after grant
91,842 shares
Common stock directly held after reported award
Indirect shares
69,025 shares
Common stock held via family-owned LLC
Grant price
$0.00 per share
Compensation grant with no purchase price
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, Family Owned LLC, indirect holdings
4 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
"Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive 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.
Family Owned LLC financial
"This Form 4 includes the indirect holdings of a family owned limited liability company."
indirect holdings financial
"This Form 4 includes the indirect holdings of a family owned limited liability company."
FAQ
What did Kevin M. Sheehan report in this Dave & Buster's (PLAY) Form 4?
Kevin M. Sheehan reported receiving 11,278 restricted stock units as an equity award. These units were granted under the 2025 Omnibus Incentive Plan and represent compensation, not an open-market stock purchase or sale, clarifying the nature of his latest ownership change.
When do Kevin M. Sheehan’s new Dave & Buster's (PLAY) restricted stock units vest?
The 11,278 restricted stock units granted to Kevin M. Sheehan will vest in full on April 24, 2027. Vesting means the units convert into actual shares he owns outright, subject to any applicable plan terms or continued service requirements in the incentive plan.
What indirect holdings did Kevin M. Sheehan disclose in Dave & Buster's (PLAY) stock?
The Form 4 notes 69,025 shares of Dave & Buster's common stock held indirectly through a family-owned limited liability company. This reflects additional ownership associated with Sheehan, categorized as indirect due to being held via a separate family entity.
Was Kevin M. Sheehan’s Dave & Buster's (PLAY) Form 4 transaction a market buy or sell?
The filing shows a grant of 11,278 restricted stock units as compensation, not a market buy or sell. The transaction code A indicates an award or other acquisition, meaning no open-market purchase or sale price was involved in this particular transaction.