Fish Kevin 4
Research Summary
AI-generated summary
Dave & Buster's (PLAY) SVP Kevin Fish Receives Equity Awards
What Happened
Kevin Fish, SVP & Chief Technology & Digital Officer of Dave & Buster's (PLAY), received equity awards on June 2, 2026. The Form 4 reports: 40,823 restricted stock units (RSUs) granted (acquired at $0), 54,466 stock options granted (derivative, $0), and 40,823 performance‑based stock units (PSUs) granted (derivative, $0) — totaling 136,112 underlying shares. These were grants as part of compensation rather than open‑market purchases or sales; no cash changed hands at grant.
Key Details
- Transaction date: 2026-06-02; Form 4 filed 2026-06-04 (filed within typical two-business-day window).
- Prices/values: all grants reported at $0 (standard for equity awards at grant). Total shares/units involved = 136,112.
- Vesting/terms (per filing footnotes):
- RSUs (F1): 40,823 RSUs vest in three installments — 13,608 on 6/2/2027, 13,608 on 6/2/2028, and 13,607 on 6/2/2029.
- Stock options (F2): 54,466 options vest and become exercisable in three equal annual installments on 6/2/2027, 6/2/2028 and 6/2/2029.
- PSUs (F3): 40,823 performance‑based stock units granted under the 2025 Omnibus Incentive Plan (subject to performance and plan terms).
- Shares owned after the transaction: not specified on the Form 4.
Context
These are compensation grants (awards/derivative grants), a routine way companies compensate executives and retain talent. RSUs and PSUs convert to actual shares only if and when they vest (and in the PSUs’ case, performance conditions are met); the options must vest before being exercisable. Such grants do not directly indicate immediate insider buying or selling activity.