Weiss Allen R 4
Research Summary
AI-generated summary
Dave & Buster's (PLAY) Director Allen R. Weiss Receives Award
What Happened
- Allen R. Weiss, a director of Dave & Buster's Entertainment, Inc. (PLAY), was granted 867 restricted stock units (RSUs) on May 6, 2026. The grant price is reported as $0.00 (typical for RSU awards); no shares were purchased or sold. This is an equity award (transaction code A) rather than a market transaction.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-07 (timely; Form 4 is generally due within 2 business days).
- Grant: 867 RSUs; reported price: $0.00; immediate cash value at grant = $0.
- Vesting: RSUs will vest on May 6, 2027 (per footnote).
- Deferral: Mr. Weiss elected to defer receipt of the shares upon vesting until his board service terminates, under the company’s Amended and Restated 2016 Deferred Compensation Plan for Non-Employee Directors.
- Shares owned after transaction: not specified in the provided filing.
- Filing note: transaction coded as an award/grant (A); no 10b5-1 plan or tax-withholding sale noted.
Context
- RSUs are compensation awards, not open-market purchases or sales; they do not generate cash unless/ until vested shares are delivered or sold later. Because the RSUs vest in 2027 and Mr. Weiss has deferred receipt, this is long-term, routine director compensation rather than an immediate market signal.