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Daktronics Inc SEC Filings

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Welcome to our dedicated page for Daktronics SEC filings (Ticker: DAKT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Daktronics Inc (NASDAQ: DAKT) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Daktronics is a manufacturer of dynamic video communication displays and control systems, and its filings offer detailed insight into its business units, compensation programs, governance practices and financial performance.

Investors can review annual reports on Form 10-K for comprehensive discussions of the company’s operations, risk factors and segment information across Live Events, Commercial, High School Park and Recreation, Transportation and International. Quarterly reports on Form 10-Q update these details with interim financial data and management commentary.

Current reports on Form 8-K document material events such as executive and director changes, adoption of stock incentive plans, amendments to cooperation agreements with shareholders, executive compensation program updates, share repurchase authorizations and the release of quarterly and annual financial results. Amendments on Form 8-K/A provide corrected or supplemental information where needed.

The company’s proxy statements on Schedule DEF 14A describe board composition, director elections, executive compensation policies, stockholder meeting agendas and proposals, including the approval of the Daktronics, Inc. 2025 Stock Incentive Plan. These documents help investors understand how Daktronics structures incentives and oversees governance.

On Stock Titan, AI-powered tools summarize lengthy filings, highlight key terms and point out items such as compensation plan changes, performance metrics used in incentive awards and capital allocation decisions like stock repurchase programs. Users can quickly navigate to specific forms, including 10-K, 10-Q, 8-K and proxy materials, and use AI-generated insights to interpret the implications of Daktronics’ disclosures without reading every page in detail.

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Daktronics, Inc. updated its arrangements with former Interim CEO Bradley T. Wiemann through an Amended and Restated Termination Agreement and General Release of Claims effective February 1, 2026.

Under the amended terms, Wiemann now serves as Executive Vice President – Advisor to the CEO on an at‑will basis through no later than September 5, 2026. In exchange for a release of claims, he will receive accelerated vesting and cash settlement of retention RSUs granted on March 5, 2025, with the cash value based on Daktronics’ Nasdaq closing price on February 2, 2026, plus an additional cash amount if needed so that the total RSU‑related payment is at least $300,000, paid in a lump sum.

Depending on when he retires or is terminated without cause, Wiemann may also receive 12 to 18 months of COBRA premium reimbursement and accelerated vesting of other unvested equity awards. He will not be eligible for future annual bonuses, new equity grants, or other severance benefits beyond those in this agreement.

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Daktronics director Reece A. Kurtenbach reported receiving a gifted block of company stock. On January 30, 2026, he acquired 23,362 shares of Daktronics common stock in a transaction coded as a gift at a price of $0 per share.

The shares were received from a Grantor Retained Annuity Trust, with 11,681 shares carrying a cost basis of $1.27 per share and 11,681 shares at $0.02 per share. After this transaction, Kurtenbach directly beneficially owns 613,108 shares and indirectly beneficially owns another 17,400 shares held by his spouse.

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Daktronics VP of Manufacturing Matthew J. Kurtenbach reported receiving a gift of 23,362 shares of Daktronics common stock. The shares were received from a Grantor Retained Annuity Trust, with 11,681 shares having a cost basis of $1.27 per share and 11,681 shares having a cost basis of $0.02 per share. After this transaction, he directly held 335,264.7 shares of common stock and also had indirect holdings of 5,000 shares through a trust and 21,000 shares as custodian for three Uniform Transfers to Minors Act accounts for his children. He disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.

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Daktronics officer Carla S. Gatzke reported receiving a stock gift of 23,362 common shares. The Form 4 shows that on January 30, 2026, she received these shares at a stated price of $0 per share, coded as transaction type G (gift). After this transaction, she directly beneficially owned 794,549 Daktronics common shares and indirectly held 183,867 additional shares through a 401(k) plan. A footnote explains the gift came from a Grantor Retained Annuity Trust, with 11,681 of the gifted shares having a cost basis of $1.27 per share and the remaining 11,681 shares having a cost basis of $0.02 per share.

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Daktronics officer Carla S. Gatzke, Secretary and VP of Human Resources, reported multiple equity transactions on January 31, 2026. She acquired 23,139 shares of common stock at $0 per share, bringing her directly held common stock to 771,187 shares.

Footnotes explain that, under a Separation and Release Agreement dated January 31, 2026, the vesting of several Restricted Stock Unit grants (including blocks of 500, 1,000, 738, 908, 12,561 and 7,432 units) was accelerated, with vested shares to be delivered as soon as practicable after vesting. She also held 183,867 common shares indirectly through a 401(k) plan as of that date, having acquired 491 shares in the plan between August 23, 2025 and January 31, 2026.

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Daktronics, Inc. is updating its leadership structure as Ramesh Jayaraman joins the Board of Directors effective February 1, 2026, with a term running until the 2027 annual meeting. He was previously appointed President and Chief Executive Officer under a November 25, 2025 letter agreement.

Interim President and CEO Bradley T. Wiemann will continue as an advisor to the new CEO for a transition period before retiring, with the end date to be determined. Former CEO Reece A. Kurtenbach will resign from the Board effective February 1, 2026 and will continue providing consulting services at a $30,000 monthly fee under an agreement now extended through May 2, 2026. The total number of directors remains unchanged.

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Daktronics Inc. President and CEO Bradley T. Wiemann reported multiple equity transactions on January 20, 2026. He exercised several incentive stock options for 5,000 shares at $4.11, 2,500 shares at $5.66, 4,500 shares at $3.02, and 914 shares at $9.85, receiving an equivalent number of common shares.

He also had several transactions coded "F" in which common shares were sold at a weighted-average price of $21.43 to cover obligations related to the option exercises, as described in a sell-to-cover footnote. After these transactions, he directly held 129,945.723 shares of Daktronics common stock.

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Daktronics, Inc. announced that Carla S. Gatzke will cease serving as Corporate Secretary and Vice President of Human Resources effective January 31, 2026. The Board approved a Separation and Release Agreement that provides her with a severance payment of $674,250 paid in installments over roughly one year, accelerated vesting of all unvested stock options and time-vested restricted stock units, and prorated eligibility for certain performance share units based on actual performance. She may also receive up to 12 months of COBRA premium reimbursements if she elects continued health coverage.

The company states that these benefits are consistent with its Amended and Restated Employee Retention and Protection Plan. The Board also approved a separate Consulting Agreement under which Ms. Gatzke will advise the CEO on human resources, corporate secretarial, and community relations matters from January 31, 2026 through April 30, 2026, for a monthly fee of $30,000. Both agreements include confidentiality, non-competition, non-disparagement, and non-solicitation covenants.

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A holder of DAKT common stock filed a Form 144 notice to sell 4,584 shares through Morgan Stanley Smith Barney on or about January 20, 2026 on NASDAQ, with an aggregate market value of $98,234.20.

The notice states that the shares to be sold were acquired between 2006 and 2008 through an employee stock purchase plan, paid for in cash. The issuer reports 48,747,817 common shares outstanding, providing context for the size of the planned sale.

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Daktronics Inc. officer Carla S. Gatzke reported receiving a gift of 1,800 shares of Daktronics common stock on December 23, 2025. The filing shows the shares were acquired at a reported price of $0 per share under transaction code G, which indicates a bona fide gift. According to the report, she now directly holds 748,048 Daktronics common shares and indirectly holds an additional 183,376 shares through a 401(k) plan. A footnote explains that 900 of the gifted shares have a cost basis of $1.01 per share and the remaining 900 have a cost basis of $0.15 per share.

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FAQ

What is the current stock price of Daktronics (DAKT)?

The current stock price of Daktronics (DAKT) is $26.57 as of March 2, 2026.

What is the market cap of Daktronics (DAKT)?

The market cap of Daktronics (DAKT) is approximately 1.3B.

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