Form 4: Director Kevin Sheehan Receives Dave & Buster's Equity Grant
Statement of Changes in Beneficial Ownership
Director Kevin Sheehan was granted 11,278 restricted stock units in Dave & Buster's Entertainment, Inc. as part of the 2025 Omnibus Incentive Plan.
Summary
- Director Kevin Sheehan acquired 11,278 restricted stock units (RSUs) on April 24, 2026.
- The grant was issued under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan.
- The RSUs are scheduled to vest in full on April 24, 2027.
- Following this transaction, the reporting person holds 91,842 shares directly and 69,025 shares indirectly through a family-owned LLC.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership in the restaurant and entertainment sector.
Future Outlook
The restricted stock units are set to vest in full on April 24, 2027, contingent upon continued service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the hospitality and entertainment industry to ensure board members maintain a vested interest in company performance.
Comparison to Industry Standards
- The use of RSU grants for director compensation is consistent with standard practices among publicly traded restaurant and entertainment companies like Texas Roadhouse or Bloomin' Brands.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock units under the 2025 Omnibus Incentive Plan. | 04/24/2026 | Standard alignment of director incentives with company performance. |
Related Party Transactions
- The filing notes indirect holdings through a family-owned limited liability company.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of restricted stock units on April 24, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/24/2026 | Date of RSU grant transaction |
| 04/28/2026 | Date of filing |
| 04/24/2027 | Vesting date for the granted restricted stock units |
Keywords
Dave & Buster's, PLAY, Form 4, Insider Trading, Equity Grant, Director Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.