Lal Tarun 4

What Happened

• Lal Tarun, CEO of Dave & Buster's Entertainment, Inc. (PLAY), received two awards on April 24, 2026: 37,605 restricted stock units (RSUs) and 54,348 stock options. Both grants are reported as acquisitions at $0.00 on the Form 4 (they are compensation awards, not open‑market purchases or sales).

Key Details

• Transaction date: April 24, 2026; Form 4 filed April 28, 2026 (filed within the usual 2 business‑day window).
• Reported acquisition amounts/prices: 37,605 RSUs @ $0.00; 54,348 stock options (derivative) @ $0.00.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — RSUs granted under the 2025 Omnibus Incentive Plan; vest in three equal annual installments on April 24, 2027, 2028 and 2029. F2 — Stock options granted under the same plan; the shares underlying these options vest and become exercisable in three equal annual installments on April 24, 2027, 2028 and 2029.
• No indication in the filing of an immediate exercise or sale of shares (this is a grant of compensation).

Context

• The second grant is a derivative (stock options); these are not exercised now—they vest over time and only become exercisable on the stated vesting dates. Compensation grants like RSUs and options reflect company pay/retention practices and are not the same as an insider buying shares on the open market.