Lipman Nathaniel 4

What Happened Nathaniel Lipman, a director of Dave & Buster's Entertainment, Inc. (PLAY), was granted 759 restricted stock units on May 6, 2026. The Form 4 shows an acquisition (code A) of 759 shares at $0.00. These RSUs are compensation, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-06 (reported on Form 4 filed 2026-05-07).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 for 759 RSUs.
• Vesting: RSUs will vest on May 6, 2027.
• Delivery deferred: Lipman elected to defer receipt of shares upon vesting until his Board service terminates, under the company’s 2016 Deferred Compensation Plan for Non‑Employee Directors (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report appears timely (filed one day after the transaction).

Context This grant represents director compensation (RSUs) under the company’s 2025 Omnibus Incentive Plan and should be viewed as routine equity-based pay rather than a market buy or sell signal. Because Lipman has elected to defer receipt until he leaves the Board, the shares will not be delivered immediately upon vesting.