Dave & Buster's Entertainment, Inc.·4

Jun 3, 4:21 PM ET

Wehner Tony 4

Research Summary

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Dave & Buster's (PLAY) Tony Wehner Receives RSU and PSU Awards

What Happened
Tony Wehner, President of Operations, Main Event (Dave & Buster's Entertainment, Inc., ticker: PLAY), received equity awards on June 2, 2026: 28,576 restricted stock units (RSUs) and 12,247 performance-based restricted stock units (PSUs). Both grants were reported at $0.00 per share (standard for RSU/PSU awards) and were filed on June 3, 2026.

Key Details

  • Transaction date: June 2, 2026; Form 4 filed June 3, 2026 (appears timely).
  • Awards: 28,576 RSUs (non-performance) and 12,247 PSUs (derivative/performance-based), price reported $0.00.
  • Vesting for RSUs: three equal annual installments on June 2, 2027, 2028 and 2029 (Footnote F1).
  • PSUs (Footnote F2): target-achievable awards for fiscal 2026; 100% of PSUs are deemed earned only if Same Store Sales for the performance period are positive.
  • Shares owned after the transaction: not disclosed in the filing.
  • Transaction type code: A = Award/Grant. No sale or purchase activity reported.

Context
RSUs and PSUs are compensation grants, not open-market purchases or sales. RSUs vest over time; PSUs vest only if the stated performance condition (positive Same Store Sales for fiscal 2026) is met, so the final share delivery depends on future performance. Such awards are common executive compensation and do not, by themselves, indicate insider buying or selling intent.