Weiss Allen R 4
Research Summary
AI-generated summary
Dave & Buster's (PLAY) Director Allen R. Weiss Receives RSU Awards
What Happened
Allen R. Weiss, a member of the Board of Directors of Dave & Buster's Entertainment, Inc. (PLAY), received two grants of restricted stock units (RSUs) as awards: 460 RSUs granted on 2026-01-27 and 518 RSUs granted on 2026-02-05, for a total of 978 RSUs. The reported acquisition price is $0.00 (these are compensation awards, not open-market purchases). Each grant vests on its anniversary in 2027 (Jan 27, 2027 and Feb 5, 2027). Weiss has elected to defer receipt of the shares upon vesting under the company’s Deferred Compensation Plan for Non-Employee Directors, so the RSUs will convert to shares only after his board service ends.
Key Details
- Transaction types: A (award/grant of RSUs) — 460 RSUs on 2026-01-27; 518 RSUs on 2026-02-05. Price reported: $0.00. Total RSUs: 978.
- Vesting dates: 460 RSUs vest 2027-01-27; 518 RSUs vest 2027-02-05.
- Delivery deferral: He 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 disclosed in this Form 4 filing.
- Filing timeliness: The Form 4 was filed on 2026-03-13, about 5–6 weeks after the award dates — this is late relative to the usual 2-business-day requirement for Form 4s. Late filings reduce near-term transparency but do not change the substance of the awards.
- No tax withholding or immediate sale reported in the filing.
Context
RSUs are a form of equity compensation that convert into shares when they vest; because Weiss has deferred delivery, these awards do not result in immediate share ownership. Awards to directors are common as part of regular compensation and do not by themselves indicate a trading signal or a change in the director’s view of the company.