Dave & Buster's Entertainment (PLAY) Form 4 Filings

Hill Path Capital Partners LP reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. director Scott Ross, together with affiliated Hill Path entities, reported updated holdings of the company's Common Stock. The filing shows an award of 11,278 restricted stock units to Mr. Ross under the 2025 Omnibus Incentive Plan, which will vest on April 24, 2027.

The report also lists indirect share positions held through various Hill Path funds, including 2,869,527 shares by Hill Path Capital Partners II LP and 2,095,246 shares by Hill Path Capital Partners LP, among others. The reporting persons state they may be deemed part of a Section 13(d) group that collectively owns more than 10% of the common stock and disclaim beneficial ownership except to the extent of their pecuniary interest.

CHAMBERS JAMES P. reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. director James P. Chambers received a grant of 11,278 shares of Common Stock in the form of restricted stock units as compensation. These units were awarded at no cash cost to him and are tied to his board service.

The restricted stock units will vest on April 24, 2027, and Chambers has elected to defer receiving the underlying shares until his service on the Board of Directors ends. Following this grant, he holds 29,361 shares of Common Stock directly.

Dave & Buster's Entertainment, Inc. reported compensation-related equity activity for SVP and Chief Legal Officer Rodolfo Rodriguez Jr. He received 4,607 shares of Common Stock as restricted stock units and 6,658 stock options with a $12.33 exercise price, all granted at no cash cost to him.

The restricted stock units and options vest in three equal annual installments on April 24 of 2027, 2028 and 2029 under the company’s 2025 Omnibus Incentive Plan. Separately, 128 shares of Common Stock were withheld to cover tax obligations upon vesting of prior restricted stock units, and the filing states no shares were sold in that transaction. Following these transactions, he directly holds 27,366 shares of Common Stock.

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.

Dave & Buster's Entertainment, Inc. executive Antonio Pineiro, President, International, reported routine equity compensation and related tax withholding. He received 8,029 restricted stock units and 11,603 stock options, both granted at no cash cost to him under the company’s 2025 Omnibus Incentive Plan.

The RSUs vest in three equal annual installments on April 24, 2027, 2028 and 2029. The options have a $12.33 exercise price, expire on April 24, 2036, and vest on the same schedule. Separately, 476 shares of common stock were withheld by the company to cover tax obligations upon RSU vesting, and no shares were sold. After these transactions, Pineiro directly owns 59,932 shares of common stock.

Dave & Buster's Entertainment, Inc. Chief Financial Officer Darin Harper reported routine equity compensation changes in company stock. On April 24, 2026, he received 10,718 restricted stock units and 15,489 stock options under the 2025 Omnibus Incentive Plan, both vesting in three equal annual installments on April 24, 2027, 2028 and 2029.

The filing also shows 245 shares of common stock were withheld to cover tax obligations related to vesting restricted stock units; the company states no shares were sold in this transaction. Following these transactions, Harper directly holds 112,971 shares of common stock and 15,489 stock options.

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.

Dave & Buster's Entertainment, Inc. reported compensation-related equity transactions for SVP, Chief Development Officer Les Lehner. He received 7,991 restricted stock units under the 2025 Omnibus Incentive Plan and a grant of 11,549 stock options with an exercise price of $12.33 per share.

The RSUs and options each vest in three equal annual installments on April 24 of 2027, 2028 and 2029. In connection with RSU vesting, 364 shares of common stock were withheld by the company to cover tax obligations; the filing states that no shares were sold in this transaction.

After these transactions, Lehner directly holds 61,297 shares of common stock and 11,549 stock options, reflecting routine equity compensation and related tax withholding rather than open-market buying or selling.

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.

SHAH ATISH reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. director Atish Shah received a grant of 11,278 restricted stock units representing Common Stock under the company’s 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on April 24, 2027, if service-based conditions are met. Following this award, Shah directly holds 28,717 shares/units of Common Stock-equivalent exposure reported in this filing.

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

Dave & Buster's Entertainment, Inc. director Nathaniel Lipman received a grant of 11,278 shares of Common Stock in the form of restricted stock units under the company’s 2025 Omnibus Incentive Plan. These restricted stock units will vest in full on April 24, 2027, bringing his direct holdings to 16,944 shares after the award.

Weiss Allen R reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. reported that director Allen R. Weiss received a grant of 11,278 restricted stock units under the company’s 2025 Omnibus Incentive Plan. The award, reported at a price of $0.00 per share as compensation, will vest in full on April 24, 2027.

Following this grant, Weiss is shown as holding 17,016 shares of common stock directly. This is a routine equity compensation award, not an open‑market purchase or sale.

Dave & Buster's Entertainment, Inc. executive Tony Wehner, President of Operations for Main Event, reported routine equity compensation changes. He received 10,153 restricted stock units and 14,674 stock options under the 2025 Omnibus Incentive Plan, both vesting in three equal annual installments on April 24 of 2027, 2028 and 2029.

The filing also shows 586 shares of common stock were withheld to cover tax obligations when restricted stock units vested, and no shares were sold. After these transactions, Wehner directly holds 86,307 shares of common stock and 14,674 stock options.

Dave & Buster's Entertainment, Inc. director Kevin M. Sheehan received a grant of stock options to acquire 100,000 shares of common stock at an exercise price of $18.72 per share. The contingent options were granted on May 1, 2025 in connection with his service as interim chief executive officer.

The grant was subject to shareholder approval of the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan at the annual meeting held on June 18, 2025. Following shareholder approval of the plan, all 100,000 underlying shares vested immediately and the options became exercisable, and will expire on May 1, 2027 if not exercised.

Dave & Buster's Entertainment, Inc. SVP and Chief Information Officer Steve Klohn sold Common Stock in an open-market transaction. He sold 6,989 shares on April 17, 2026 at an average price of $14.69 per share, and now directly holds 38,547 shares after the sale.

Wehner Tony reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. granted Pres. Operations, Main Event Tony Wehner 11,737 restricted stock units under the company’s 2025 Omnibus Incentive Plan. These RSUs vest in three installments: 3,912 units on January 1, 2027, 3,912 units on January 1, 2028, and 3,913 units on January 1, 2029. Following this award, Wehner directly holds 76,740 shares of common stock, reflecting his ongoing equity-based compensation and alignment with shareholders.

Dave & Buster's Entertainment, Inc. Chief Financial Officer Darin Harper reported compensation-related equity changes. On October 7, 2025, he was granted 22,026 restricted stock units that vest in three equal installments on July 14 of 2026, 2027 and 2028, bringing his direct common stock holdings to 102,498 shares.

He also received stock options for 22,026 shares at a $22.70 exercise price, 60,327 shares at a $22.70 exercise price, and 47,934 shares at a $34.05 exercise price, all expiring in 2035 and vesting based on time and stock-price performance hurdles. Separately, 41,477 performance-based restricted stock units granted in 2024 were canceled and returned to the issuer. The filing also corrects prior ownership totals that understated his holdings by 22,026 shares due to an administrative error.

Dave & Buster's Entertainment, Inc. senior vice president and chief legal officer Rodolfo Rodriguez Jr reported new equity awards. On October 7, 2025, he received 8,811 restricted stock units, which will vest in three equal annual installments on July 14, 2026, 2027 and 2028. He was also granted stock options covering 26,923 shares with a $22.70 exercise price that vest on the same schedule, and options on 16,694 shares with a $34.05 exercise price that vest only if specific share price targets are met before February 1, 2028. Following the stock award, his directly held common stock position is 22,887 shares. The filing also corrects prior reported ownership totals that understated his holdings due to an administrative error.

Dave & Buster's Entertainment SVP and COO Tony Wehner reported compensation-related equity changes. Two blocks of performance-based restricted stock units granted on October 7, 2022, covering 21,598 and 26,998 underlying common shares, were cancelled in dispositions back to the issuer.

Wehner received new awards under the 2025 Omnibus Incentive Plan, including 11,013 restricted stock units that vest in three equal annual installments on July 14, 2026, 2027 and 2028, and stock options for 11,013 and 41,794 shares at a $22.70 exercise price and 28,271 shares at $34.05, with vesting tied to time and stock price hurdles of $64.12 and $96.18 VWAP before February 1, 2028. Following the 11,013-share restricted stock unit grant, he directly owned 65,003 common shares. The filing also corrects a December 23, 2025 Form 4 that understated this ownership total by 11,013 shares due to an administrative error.

Dave & Buster's Entertainment, Inc. senior vice president and chief development officer Les Lehner reported a mix of equity grant and cancellation activity. He received 11,013 shares of common stock as restricted stock units under the 2025 Omnibus Incentive Plan, which vest in three equal annual installments on July 14, 2026, 2027 and 2028. He was also granted stock options on common stock in three tranches: 11,013 and 41,794 options with a $22.70 exercise price and 28,271 options with a $34.05 exercise price, each expiring on October 7, 2035. The options vest based on time and stock price performance, including volume‑weighted average price hurdles of $64.12 and $96.18 that must be met before February 1, 2028, followed by additional vesting over one or two years. At the same time, 21,598 and 26,998 performance-based restricted stock units granted on October 7, 2022 were cancelled and returned to the issuer. Following these transactions, Lehner directly owns 53,670 shares of common stock. The Form 4 also corrects a prior December 23, 2025 filing that understated his ownership by 11,013 shares due to an administrative error.

Dave & Buster's Entertainment, Inc. Chief Executive Officer Tarun Lal reported two open-market purchases of common stock. He bought 2,500 shares on September 18, 2025 at $20.52 per share and 1,000 shares on October 21, 2025 at $18.39 per share. Following the most recent transaction, he directly owns 11,560 common shares.

Dave & Buster's Entertainment, Inc. senior vice president Antonio Pineiro reported compensation-related equity changes. He disposed of 21,598 and 26,998 performance stock units through cancellations of prior performance-based awards granted on October 7, 2022. He received 11,013 restricted stock units that vest in three equal annual installments on July 14, 2026, 2027 and 2028, correcting his direct common share ownership to 52,379 shares.

He was also granted stock options covering 11,013 and 41,794 shares at an exercise price of $22.70 per share, and 28,271 shares at $34.05 per share, all expiring on October 7, 2035. These options vest based on time and stock price performance, including 60-day trailing VWAP hurdles of $64.12 and $96.18 that must be met before February 1, 2028.

Dave & Buster's Entertainment, Inc. SVP & CIO Steve Klohn reported multiple equity compensation updates. On March 25, 2026, he received 11,785 shares of Common Stock as restricted stock units under the 2025 Omnibus Incentive Plan, which vest in three equal annual installments on July 14, 2026, 2027 and 2028.

The filing also reflects earlier activity on October 7, 2025, including the cancellation of 21,598 and 26,998 performance-based restricted stock units granted in 2022 and new stock option grants covering 11,013, 41,794 and 28,271 shares at exercise prices of $22.70 and $34.05, subject to time- and stock price-based vesting conditions. An additional 11,013 restricted stock units granted on that date will vest on June 7, 2026. Following these updates, Klohn directly owns 45,536 Common Stock shares. All transactions are compensation-related awards or cancellations, with no open-market buying or selling.

Hill Path D Fund LP reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. reported that entities affiliated with Hill Path Capital filed a joint Form 4 reflecting equity awards and updated holdings. On January 27, 2026 and February 5, 2026, Scott Ross received two awards of 518 restricted stock units each at no cost under the company’s 2025 Omnibus Incentive Plan. These units are scheduled to vest on January 27, 2027 and February 5, 2027, bringing his indirect restricted stock unit balance to 5,796 units. The filing also lists large indirect common stock positions held by various Hill Path funds, including 156,760 shares by Hill Path D Fund LP, 1,293,990 shares by Hill Path G Fund LP, and 2,869,527 shares by Hill Path Capital Partners II LP. The reporting parties indicate they may be deemed part of a group that collectively owns more than 10% of the company’s common stock and disclaim beneficial ownership except to the extent of their pecuniary interest.

Hill Path Capital Partners LP reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. director Scott Ross reported receiving two compensation awards of Common Stock restricted stock units. He was granted 518 restricted stock units on January 27, 2026 and another 518 units on February 5, 2026 at no cost, under the company's 2025 Omnibus Incentive Plan.

The units granted on January 27, 2026 will vest on January 27, 2027, and those granted on February 5, 2026 will vest on February 5, 2027. After these awards, Ross is shown with 5,796 shares of Common Stock indirectly held through these restricted stock units. The filing also updates indirect holdings in several Hill Path funds that own large blocks of Common Stock, with the reporting persons stating they may be deemed beneficial owners but disclaim ownership beyond their pecuniary interest.

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

Dave & Buster's Entertainment, Inc. director Nathaniel Lipman reported two stock-based compensation awards. He received grants of 453 restricted stock units on January 27, 2026 and 453 restricted stock units on February 5, 2026, both at no cash cost to him.

After these grants, Lipman directly holds 5,666 shares of common stock. The January 27, 2026 restricted stock units are scheduled to vest on January 27, 2027, and the February 5, 2026 units are scheduled to vest on February 5, 2027. For both grants, he elected to defer delivery of the underlying shares until his service on the Board of Directors ends.

CHAMBERS JAMES P. reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. director James P. Chambers reported receiving stock-based compensation in the form of restricted stock units tied to the company’s common stock. He was granted 524 restricted stock units on January 27, 2026, which are scheduled to vest on January 27, 2027.

He was also granted 583 restricted stock units on February 5, 2026, scheduled to vest on February 5, 2027. For both grants, he elected to defer receipt of the underlying shares until his service on the Board of Directors ends. Following these awards, he holds 18,083 shares of common stock directly.

SHAH ATISH reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. director Atish Shah reported two equity compensation awards of common stock. Each transaction reflects a grant of 518 restricted stock units with no cash paid per share, treated as share-based compensation rather than an open-market purchase.

The first 518 restricted stock units were granted under the company’s 2025 Omnibus Incentive Plan and will vest on January 27, 2027. A second grant of 518 restricted stock units under the same plan will vest on February 5, 2027. After these awards, Shah directly holds 17,439 shares of common stock, indicating these are relatively small, routine director compensation grants.

Weiss Allen R reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. director Allen R. Weiss reported receiving two equity awards in the form of restricted stock units. He was granted 460 units on January 27, 2026 and 518 units on February 5, 2026 under the company’s 2025 Omnibus Incentive Plan.

These restricted stock units are scheduled to vest on January 27, 2027 and February 5, 2027, respectively. Weiss has elected to defer delivery of the underlying shares until his service on the Board of Directors ends, under the company’s deferred compensation plan for non-employee directors.

Dave & Buster's Entertainment, Inc. director Kevin M. Sheehan reported a mix of equity awards and a large gift of shares. On March 10, 2026, he made a bona fide gift transfer of 39,495 shares of Common Stock, with no sale proceeds reported. Following this gift, his directly held Common Stock position was 80,564 shares.

Earlier, on January 27, 2026 and February 5, 2026, he received grants of 712 restricted stock units on each date at no cost under the company’s 2025 Omnibus Incentive Plan. Footnotes state these restricted stock units will vest on January 27, 2027 and February 5, 2027, respectively. The filing also reflects 69,025 shares held indirectly through a family owned limited liability company, which were previously omitted due to an administrative error.

Harper Darin reported acquisition or exercise transactions in this Form 4 filing.

Dave & Buster's Entertainment, Inc. Chief Financial Officer Darin Harper reported an equity grant in the form of restricted stock units tied to common stock. The award covers 26,936 shares at no purchase price, increasing his directly owned stake to 80,472 shares.

According to the footnote, these RSUs will vest in three tranches: 20,202 shares on June 30, 2026, 3,367 shares on September 30, 2026, and 3,367 shares on December 31, 2026, aligning the CFO’s compensation with future company performance.

Dave & Buster's Entertainment SVP Chief Information Officer Steve Klohn reported a small share transaction in company common stock. On January 21, 2026, 438 shares of common stock were disposed of in a transaction coded "F," which typically reflects shares withheld to cover taxes on equity compensation. The transaction price per share is listed as $0, consistent with tax withholding rather than an open-market sale. After this event, Klohn beneficially owned 22,738 shares of Dave & Buster's common stock in direct ownership.

Dave & Buster's Entertainment, Inc. officer Rodolfo Rodriguez Jr, who serves as SVP and Chief Legal Officer, reported a small change in his holdings of the company’s common stock. On January 8, 2026, he disposed of 424 shares of common stock in a transaction coded "F" at a reported price of $0 per share. After this transaction, he directly owns 13,346 shares of Dave & Buster's common stock, according to the filing.

Dave & Buster's Entertainment, Inc. director Kevin M. Sheehan reported an estate-planning transfer of company stock. On January 20, 2026, a Form 4 shows he transferred 50,000 shares of common stock at a reported price of $0 per share, coded as transaction type "G", which reflects a gift or similar transfer. A footnote explains that the shares were moved to a grantor retained annuity trust ("GRAT"), of which he is not a trustee. Following this transaction, he reports 39,645 shares of Dave & Buster's common stock beneficially owned in direct form.

Dave & Buster's Entertainment, Inc. senior vice president and chief legal officer Rodolfo Rodriguez Jr reported buying company stock. On January 16, 2026, he purchased 730 shares of Dave & Buster's common stock at $20.10 per share in an open-market transaction coded as a purchase. Following this trade, he directly owns 14,500 shares of common stock.