Hill Path Capital Partners LP and affiliated entities, together with director and 10% owner Scott Ross, filed a joint statement of changes in beneficial ownership with the SEC on November 9, 2026, disclosing a restricted stock unit grant to Ross dated November 4, 2026, in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY).

Key Highlights

  • RSU grant to Scott Ross: 1,277 restricted stock units were acquired by Scott Ross on November 4, 2026, at a price of $0.00.
  • Vesting date: The restricted stock units will vest on November 4, 2027, according to the filing.
  • Plan name: The grant was made under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan.
  • Ross post-transaction ownership: Following the grant, Ross beneficially owns 20,170 shares of Common Stock held indirectly in his own name.
  • Combined group ownership: Across all reporting entities, the Hill Path group holds shares distributed among Hill Path D Fund LP (156,760 shares), Hill Path G Fund LP (1,293,990 shares), Hill Path J Fund LP (650,501 shares), Hill Path Capital Partners LP (2,095,246 shares), Hill Path Capital Partners II LP (2,869,527 shares), and Hill Path Capital Co-Investment Partners LP (53,231 shares).
  • Joint filing structure: The report is the first of two identical filings submitted because the SEC's electronic system accepts a maximum of 10 joint filers per report, according to the filing's explanation of responses.

Scott Ross RSU Award and Hill Path Group Holdings in Dave & Buster's

According to the filing, Scott Ross serves as both a director and a 10% owner of Dave & Buster's Entertainment, Inc., the owner and operator of Dave & Buster's entertainment and dining venues. The 1,277 restricted stock units granted to Ross on November 4, 2026, were issued under the company's 2025 Omnibus Incentive Plan and carry a one-year vesting period ending November 4, 2027. The units were acquired at no cost to Ross, as reflected by the $0.00 price recorded in the filing.

The filing was submitted jointly by 16 reporting persons, all affiliated with Hill Path Capital, a New York-based investment management organization located at 150 East 58th Street. Ross is identified as the managing partner of multiple entities within the Hill Path structure, including Hill Path Investment Holdings II LLC, Hill Path Capital LP, and Hill Path Holdings LLC. Because SEC electronic filing systems accept no more than 10 joint filers per submission, the group filed two identical reports covering the same transactions, as explained in the footnotes.

The filing notes that each reporting person "disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein," and states that the filing "shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose." The collective holdings across all Hill Path entities and Ross individually total more than 10% of Dave & Buster's outstanding Common Stock, according to the filing.

What Was Disclosed

The filing disclosed a grant of 1,277 restricted stock units to Scott Ross on November 4, 2026, under the Dave & Buster's 2025 Omnibus Incentive Plan, vesting November 4, 2027, along with the aggregate Common Stock holdings of the Hill Path Capital group across six funds and related entities.