CHAMBERS JAMES P. 4
Research Summary
AI-generated summary
Dave & Buster's (PLAY) Director James Chambers Receives Award
What Happened
- James P. Chambers, a member of Dave & Buster's Entertainment, Inc. Board of Directors, was granted 976 restricted stock units (RSUs) on May 6, 2026. The reported acquisition price is $0.00 (standard for RSU grants), so no cash changed hands at grant.
- The RSUs will vest on May 6, 2027. Chambers elected to defer receipt of the underlying shares upon vesting until his service on the Board terminates under the company's Amended and Restated 2016 Deferred Compensation Plan for Non‑Employee Directors.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
- Transaction type/code: Award/Grant (A) — 976 RSUs at $0.00.
- Vesting: May 6, 2027.
- Deferral: Shares are deferred until termination of board service per the 2016 deferred compensation plan (footnote).
- Shares owned after the transaction: not specified in the provided filing details.
Context
- This was a compensation grant (award) to a non-employee director, a routine form of long-term compensation rather than an open‑market purchase or sale. Such awards are common for board service and do not by themselves indicate buying or selling sentiment.
- Because the grant is deferred, Chambers will not receive the shares immediately upon vesting; they will be distributed only after he leaves the Board, per the deferral election.