CHAMBERS JAMES P. 4
Research Summary
AI-generated summary
Dave & Buster's (PLAY) Director James P. Chambers Receives RSU Awards
What Happened
- Director James P. Chambers received two restricted stock unit (RSU) awards from Dave & Buster's (PLAY): 524 RSUs on 2026-01-27 and 583 RSUs on 2026-02-05 (total 1,107 RSUs). Each award is reported as an acquisition (code A) at $0.00 per share (typical for RSUs). These RSUs will vest on 2027-01-27 and 2027-02-05, respectively.
- The reporting person has elected to defer receipt of the shares upon vesting under the company’s Deferred Compensation Plan for Non-Employee Directors, so vested shares will not be delivered until his Board service terminates.
Key Details
- Transaction dates and prices: 2026-01-27 (524 RSUs) and 2026-02-05 (583 RSUs); price reported $0.00 (award of RSUs).
- Vesting dates: 2027-01-27 and 2027-02-05.
- Total RSUs granted: 1,107.
- Footnotes: F1/F2 indicate awards are under the 2025 Omnibus Incentive Plan and that receipt is deferred per the Amended and Restated 2016 Deferred Compensation Plan for Non-Employee Directors.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing/timeliness: Form 4 was filed on 2026-03-13 for transactions in late Jan and early Feb 2026, which appears to be later than the usual two-business-day reporting requirement (reduces near-term transparency).
Context
- These are grant awards (not open-market purchases or sales). RSUs represent a promise to deliver shares in the future if vesting conditions are met; they do not reflect an immediate cash outlay or sale.
- The deferral election means Chambers will not receive the shares immediately at vesting, which is a common arrangement for non-employee director compensation and does not itself indicate a buy/sell signal.