Dave & Buster's (NASDAQ: PLAY) awards Lipman 759 RSUs vesting 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

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

Dave & Buster's Entertainment, Inc. director Nathaniel Lipman received a grant of 759 restricted stock units of common stock as equity compensation. These units were granted at no cash cost and will vest on May 6, 2027 under the company’s 2025 Omnibus Incentive Plan.

He has elected to defer receiving the underlying shares until his service on the Board of Directors ends, in line with the company’s deferred compensation plan for non-employee directors. After this award, he directly holds 17,703 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lipman Nathaniel

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	759	$0.00	--

Holdings After Transaction: Common Stock — 17,703 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 759 units Price per unit: $0.0000 per share Shares after transaction: 17,703 shares +1 more

4 metrics

RSUs granted 759 units Restricted stock units granted to director on May 6, 2026

Price per unit $0.0000 per share Indicates award was compensation, not a purchase

Shares after transaction 17,703 shares Total common shares directly held following the award

Vesting date May 6, 2027 Scheduled vesting date of the restricted stock units

Key Terms

restricted stock units, 2025 Omnibus Incentive Plan, Deferred Compensation Plan for Non-Employee Directors

3 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

"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.

Deferred Compensation Plan for Non-Employee Directors financial

"pursuant to the Dave & Buster's Entertainment, Inc. Amended and Restated 2016 Deferred Compensation Plan for Non-Employee Directors"

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 05:25 PM

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^*

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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	05/06/2026		A		759⁽¹⁾	A	$0	17,703	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)

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 "Plan"). The restricted stock units will vest on May 6, 2027. The reporting person has elected to defer the receipt of shares upon vesting of the restricted stock units until his service on the Board of Directors is terminated, pursuant to the Dave & Buster's Entertainment, Inc. Amended and Restated 2016 Deferred Compensation Plan for Non-Employee Directors.

	Sherri M. Smith, Attorney-in-Fact	05/07/2026
	** 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

FAQ

What did Dave & Buster's (PLAY) director Nathaniel Lipman report in this Form 4?

Nathaniel Lipman reported receiving 759 restricted stock units of Dave & Buster’s common stock as an equity award. The units were granted at no cash cost and are part of his compensation as a non-employee director under the company’s 2025 Omnibus Incentive Plan.

When do Nathaniel Lipman’s 759 restricted stock units from Dave & Buster's (PLAY) vest?

The 759 restricted stock units granted to Nathaniel Lipman will vest on May 6, 2027. Vesting means the units convert into shares of common stock at that date, subject to the plan’s terms and his continued service on the Board of Directors.

Did Nathaniel Lipman pay cash for the 759 Dave & Buster's (PLAY) restricted stock units?

No, Nathaniel Lipman did not pay cash for these 759 restricted stock units. The Form 4 shows a price per share of $0.0000, indicating they were granted as a compensation award rather than purchased in an open-market transaction.

How many Dave & Buster's (PLAY) shares does Nathaniel Lipman hold after this transaction?

After the grant of 759 restricted stock units, Nathaniel Lipman directly holds 17,703 shares of Dave & Buster’s common stock. This figure reflects his direct ownership position reported following the award in the Form 4 filing.

Has Nathaniel Lipman deferred receipt of his Dave & Buster's (PLAY) restricted stock units?

Yes, he elected to defer receiving the shares that will result from vesting of the restricted stock units until his service on the Board ends. This deferral is made under Dave & Buster’s deferred compensation plan for non-employee directors, affecting timing of share delivery.

Under which plan were Nathaniel Lipman’s Dave & Buster's (PLAY) restricted stock units granted?

The 759 restricted stock units were granted under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. This plan governs equity awards such as restricted stock units provided to directors and others as part of their long-term compensation package.