Dave & Buster's Entertainment, Inc. filings document the reporting obligations of an owner, operator and franchisor of entertainment and dining venues. Form 8-K reports furnish quarterly and annual operating results, financial condition updates and material governance events, including director appointments, executive appointments and compensation arrangements.
Proxy materials cover board elections, shareholder voting matters, executive compensation and equity incentive plan approvals. Earnings exhibits provide formal disclosure on revenue trends, comparable store sales, non-GAAP measures, liquidity and the operating profile of the Dave & Buster's and Main Event brands.
Dave & Buster’s Entertainment, Inc. is asking shareholders to vote at its 2026 virtual annual meeting on electing seven directors, ratifying KPMG as auditor for fiscal 2026, and approving executive pay on an advisory basis. The board remains largely independent, with separate CEO and chair roles.
Fiscal 2025 was difficult: revenue was $2.1 billion, down 1.4% from 2024, comparable store sales fell 5.0%, and the company reported a net loss of $48.7 million, versus prior-year net income of $58.3 million. Adjusted EBITDA declined to $436.6 million from $506.2 million.
New CEO Tarun Lal, appointed in July 2025, is pursuing a back‑to‑basics strategy focused on same‑store sales growth, free cash flow and disciplined capital spending. His 2025 pay included a prorated $800,000 salary, no annual bonus, and sizable multi‑year, performance‑based inducement equity awards intended to align his interests with long‑term shareholder value.
Dave & Buster's Entertainment, Inc. director Charles Protell filed an initial Form 3 reporting his beneficial ownership in the company. The filing indicates he held no shares of Common Stock directly following the reported date, and does not show any buy or sell transactions.
Dave & Buster’s Entertainment, Inc. appointed Charles H. Protell, President and Chief Financial Officer of Golden Entertainment, to its Board of Directors and Audit Committee, effective April 27, 2026. His background spans senior finance and investment banking roles across several firms.
Director Atish Shah, current Audit Committee Chair and member of the Nominating and Corporate Governance Committee, will not stand for reelection at the June 18, 2026 annual meeting but will serve until then. After the meeting, the Board will decrease from eight to seven directors, and Nathaniel J. Lipman will become Audit Committee Chair.
Hill Path D Fund LP reported acquisition or exercise transactions in this Form 4 filing.
Dave & Buster's Entertainment, Inc. reporting persons associated with Hill Path disclosed updated holdings and a new equity award. An entity associated with Scott Ross received 11,278 restricted stock units of common stock at $0.00 per share under the 2025 Omnibus Incentive Plan.
These restricted stock units will vest on January 27, 2027. Following this grant, the Scott Ross line in the filing reflects 17,074 shares of common stock held indirectly, while various Hill Path funds continue to report substantial indirect holdings in PLAY common stock.
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.