Dave & Buster's (PLAY) Interim CFO Hatton Cory Receives Award

What Happened

• Hatton Cory, Interim Chief Financial Officer of Dave & Buster's Entertainment (PLAY), received equity awards on 2026-08-10. The filing shows two award lines: 50,761 restricted stock units (RSUs) and a derivative award tied to 50,761 shares with an indicated value of $527,407 (reported at $10.39 per share).
• These are awards/grants (not open-market purchases or sales), so they represent compensation/long-term incentive rather than an immediate buy/sell market signal.

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 13, 2026 (filed one business day after the typical two-business-day Form 4 deadline).
• Awards:
  • 50,761 RSUs reported at $0.00 (acquisition type A). Footnote F1: RSUs vest in three equal annual installments on Aug 10 of 2027, 2028 and 2029.
  • 50,761-share derivative award reported at $10.39 per share (aggregate reported value $527,407). Footnote F2: Any portion of the option that becomes earned shall vest in three substantially equal installments on the first, second and third anniversaries of the "2X Price Achievement Date" (i.e., vesting depends on a performance/price trigger).
• Shares owned after the transaction: not specified in this Form 4 filing.
• Filing timeliness: The Form 4 was filed one business day late relative to the typical two-business-day filing requirement; late filings can draw SEC attention and may reduce transparency for investors.

Context

• These awards are compensation-related grants (RSUs and a performance/price‑contingent derivative/option). Such grants do not reflect an immediate purchase of stock on the open market and are granted to align executive incentives with company performance.
• The derivative award appears to be a performance-contingent option (strike/measurement shown at $10.39) that vests only after a 2X price achievement and then in installments — meaning value to the insider depends on future stock performance.