Dave & Buster's (PLAY) CEO Darin Harper Receives Awards & Options

What Happened
Darin Harper, CEO of Dave & Buster's Entertainment, received equity compensation on 2026-08-10 consisting of: 203,046 time‑based restricted stock units (RSUs) (no cash paid), 228,426 performance‑based awards (derivative units, no cash paid) and a grant of 228,426 stock options with an exercise price of $9.85 (reported aggregate strike amount $2,249,996). These are grants/awards (not open‑market purchases or sales) and represent compensation rather than a sale.

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 13, 2026.
• Grants: 203,046 RSUs @ $0.00 (time‑based); 228,426 performance units @ $0.00 (derivative); 228,426 options @ $9.85 (derivative) — aggregate exercise/strike amount for options reported as $2,249,996.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Notable footnotes from the filing:
  • F1: The 203,046 RSUs vest in three equal annual installments on Aug 10, 2027, 2028 and 2029.
  • F2: The 228,426 performance award is 100% unvested at grant and is divided into three tranches that vest only if the company meets specified Same Store Sales performance targets for each period.
  • F3: For the option award, any portion that becomes earned vests in three substantially equal installments on each of the first, second and third anniversaries of the “2X Price Achievement Date” (vesting is tied to achievement of a stock price threshold).
• Filing timeliness: the filing date is shown as 2026-08-13 for transactions on 2026-08-10 (review the full SEC filing if timeliness is a concern).

Context

• These entries are grants/awards (A) — not purchases or sales — so there was no immediate sale or cashless exercise reported.
• The performance units and option vesting are conditional: the PSUs depend on Same Store Sales targets, and the options require a price achievement before vesting. Such awards are part of executive compensation and do not directly indicate intent to buy or sell shares on the open market.