Pineiro Antonio 4
4 · Dave & Buster's Entertainment, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Dave & Buster's (PLAY) SVP Antonio Pineiro Receives RSUs & Option Grants
What Happened
- Antonio Pineiro, SVP & Chief International Development Officer at Dave & Buster’s (PLAY), reported a series of awards and derivative adjustments on 2025-10-07. The filing shows grants (acquisitions) and cancellations (dispositions to the issuer) recorded at $0.00: acquisitions of 11,013; 11,013; 41,794; and 28,271 shares (variously recorded as restricted stock units and option-related awards), and dispositions (cancellations) of 21,598 and 26,998 shares (performance-based RSUs). No cash was paid or received in these transactions — they are equity awards and cancellations, not open-market trades.
Key Details
- Transaction date: October 7, 2025; filing date: March 27, 2026 (late filing).
- Prices reported: $0.00 (awards and cancellations — non-cash).
- Notable footnotes:
- F1: 11,013 restricted stock units (RSUs) granted under the 2025 Omnibus Incentive Plan; vest in three equal annual installments on July 14, 2026, 2027 and 2028.
- F3: Cancellation of performance-based RSUs previously granted on October 7, 2022 (the two dispositions total 48,596 shares).
- F4–F6: Stock option awards subject to time-based vesting (three equal annual installments) and stock-price performance vesting conditions (2X and 3X VWAP thresholds of $64.12 and $96.18, with additional timing rules).
- Filing correction: Footnote F2 says this Form 4 corrects the ownership total in Table I (an earlier Form 4 filed Dec 23, 2025 understated ownership by 11,013 shares).
- Shares owned after the transaction: the filing corrects the reported total upward by 11,013 RSUs; the corrected aggregate total is shown in Table I of the Form 4 (check the filing for the precise post-transaction total).
Context
- These entries represent grant awards and cancellations (derivative transactions), not open-market buys or sells — they do not reflect immediate buying/selling sentiment. RSUs vest over time; stock options include both time-based and stock-price performance-based vesting, so future ownership depends on meeting vesting schedules and performance thresholds.
- The filing was submitted months after the October 2025 transaction date (late filing), which is an administrative/timeliness issue but does not by itself indicate trading intent.
Insider Transaction Report
Form 4
Pineiro Antonio
SVP, Chief Int'l Dev Ofc
Transactions
- Award
Common Stock
[F1][F2]2025-10-07+11,013→ 52,379 total - Disposition to Issuer
Performance Stock Unit
[F3]2025-10-07−21,598→ 0 total→ Common Stock (21,598 underlying) - Disposition to Issuer
Performance Stock Unit
[F3]2025-10-07−26,998→ 0 total→ Common Stock (26,998 underlying) - Award
Stock Option (Right to Buy)
[F4]2025-10-07+11,013→ 11,013 totalExercise: $22.70Exp: 2035-10-07→ Common Stock (11,013 underlying) - Award
Stock Option (Right to Buy)
[F5]2025-10-07+41,794→ 41,794 totalExercise: $22.70Exp: 2035-10-07→ Common Stock (41,794 underlying) - Award
Stock Option (Right to Buy)
[F6]2025-10-07+28,271→ 28,271 totalExercise: $34.05Exp: 2035-10-07→ Common Stock (28,271 underlying)
Footnotes (6)
- [F1]Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest in three equal annual installments on each of July 14, 2026, 2027 and 2028.
- [F2]This Form 4 includes the corrected ownership total in Table I, Column 5. The Form 4 filed by the reporting person on December 23, 2025 understated the ownership total in Table I, Column 5 by 11,013 shares due to an administrative error failing to account for the grant of the restricted stock units described further in Note (1).
- [F3]Represents the cancellation of the performance-based restricted stock units subject to stock price-based vesting conditions previously granted to the reporting person on October 7, 2022.
- [F4]Represents stock options granted to the reporting person under the Plan. The shares underlying these stock options will vest and become exercisable in three equal annual installments on each of July 14, 2026, 2027 and 2028.
- [F5]Represents stock options granted to the reporting person under the Plan. The stock options will become earned upon the first date (the "2X Attainment Date") occurring before February 1, 2028 on which the 60-day trailing volume weighted average closing price ("VWAP") of the shares of common stock, $0.01 par value per share (the "Common Stock"), of Dave & Buster's Entertainment, Inc. (the "Issuer") is greater than or equal to $64.12. After the 2X Attainment Date, the shares underlying these stock options will vest and become exercisable on either the first or the second anniversary of the 2X Attainment Date depending on the Issuer's 60-day trailing VWAP on the first anniversary of the 2X Attainment Date.
- [F6]Represents stock options granted to the reporting person under the Plan. The stock options will become earned upon the first date (the "3X Attainment Date") occurring before February 1, 2028 on which the 60-day trailing VWAP of the Common Stock is greater than or equal to $96.18. After the 3X Attainment Date, the shares underlying these stock options will vest and become exercisable on either the first or the second anniversary of the 3X Attainment Date depending on the Issuer's 60-day trailing VWAP on the first anniversary of the 3X Attainment Date.
Signature
Sherri M. Smith, Attorney-in-Fact|2026-03-27