CHAMBERS JAMES P. 4
Research Summary
AI-generated summary
Dave & Buster's (PLAY) Director James P. Chambers Receives RSU Award
What Happened
James P. Chambers, a director of Dave & Buster's Entertainment, Inc. (PLAY), was granted 11,278 restricted stock units (reported as an acquisition, code A) on April 24, 2026. The award is reported at $0.00 per unit (typical for RSU grants); the RSUs will vest on April 24, 2027. Chambers has elected to defer receipt of the shares upon vesting under the company’s deferred compensation plan for non-employee directors.
Key Details
- Transaction date: 2026-04-24 (Form 4 filed 2026-04-28; filing falls within the two-business-day window)
- Transaction type/code: Award/Grant (A) — 11,278 restricted stock units; price reported $0.00
- Vesting: RSUs vest on April 24, 2027
- Deferral: Reporting person elected to defer receipt of shares until termination of Board service (per the Amended and Restated 2016 Deferred Compensation Plan for Non-Employee Directors)
- Shares owned after transaction: Not specified in the Form 4 filing
- Footnote: Grant made under the 2025 Omnibus Incentive Plan; deferral election noted in footnote
Context
This is a non-cash equity award (RSUs) used for director compensation, not an open-market buy or sale. RSUs are not actual shares until they vest and are settled; their future value will depend on PLAY’s share price at vesting. The deferral election means Chambers does not expect to receive the underlying shares immediately upon vesting but rather upon leaving the Board, so this grant does not indicate an immediate change in his personal liquidity or market exposure.