Les Lehner Receives Stock Award at Dave & Buster s Entertainment Inc (PLAY) — SEC Form 4, Mar 28, 2026
SEC Form 4 · No Market Transaction
Stock Award
Compensation grant — no market purchase or sale.
Equity Position
53.7K sh
42,657 → 53,670
Equity Change
+25.8%
shares held after vs before
Filing Lag
116 business days
late vs 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Reporting Owner
| Name | Relationship |
|---|---|
| Les Lehner CIK 0001939974 |
SVP
|
Les Lehner at Dave & Buster s Entertainment Inc
Full insider history
Bought (12 mo)
—
Sold (12 mo)
—
More from this insider at Dave & Buster s Entertainment Inc
| 2026-10-08 | - | — | View |
| 2026-06-03 | Award | — | View |
| 2026-04-29 | Award | — | View |
| 2025-12-23 | - | — | View |
| 2025-10-09 | - | — | View |
Non-Derivative Securities Transactions
Derivative Securities Transactions
| Title | Strike | Date | Type | Shares | Price | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF3F3F3F3 | 2025-10-07 | D - Return to Issuer | 21,598 D | $0.00 | 21,598 Common Stock | Direct | ||
| Performance Stock UnitF3F3F3F3 | 2025-10-07 | D - Return to Issuer | 26,998 D | $0.00 | 26,998 Common Stock | Direct | ||
| Stock Option (Right to Buy)F4F4 | $22.70 | 2025-10-07 | A - Award/Grant | 11,013 A | $0.00 | 2035-10-07 | 11,013 Common Stock | Direct |
| Stock Option (Right to Buy)F5F5 | $22.70 | 2025-10-07 | A - Award/Grant | 41,794 A | $0.00 | 2035-10-07 | 41,794 Common Stock | Direct |
| Stock Option (Right to Buy)F6F6 | $34.05 | 2025-10-07 | A - Award/Grant | 28,271 A | $0.00 | 2035-10-07 | 28,271 Common Stock | Direct |
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. Show more
- 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). Show more
- 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. Show more
- 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. Show more
- 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. Show more
- 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. Show more
Related filings at Dave & Buster s Entertainment Inc
Institutional Holders
13F holders · Jun 30, 2026
169
institutional managers reporting a position
Largest by reported value
- Hill Path Capital Lp $81.2M
- Black Rock, Inc. $36.7M
- Nomura Holdings, Inc. $27.5M
5%+ Holders · 13D/G
5 filers
Other insiders at Dave & Buster s Entertainment Inc
GET /v1/forms/4/0001193125-26-130032
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