Daktronics Inc SEC Filings

Daktronics, Inc. reported an insider equity award for executive officer Ramesh Jayaraman12/15/2025, he acquired 28,341 restricted stock units (RSUs), each representing the right to receive one share of Daktronics common stock. Following this grant, he beneficially owns 28,341 RSUs directly.

The RSUs granted on 12/15/2025 vest in four equal installments of 25% each year, beginning on 08/23/2026. Shares of common stock will be delivered to him as soon as practicable after each vesting date.

Daktronics Inc. reported an insider ownership filing for executive officer Ramesh Jayaraman related to an event dated 12/10/2025. In the remarks, the filing states that no securities are beneficially owned, so he reported no direct or indirect holdings of Daktronics stock or derivative securities as of that date. The filing is made by one reporting person and reflects his status as an executive officer of the company.

Daktronics, Inc. announced two administrative updates. The company amended its cooperation agreement with Alta Fox to extend the deadline for holding an Investor Day from December 31, 2025 to May 2, 2026, aligning with its fiscal year end. As of October 24, 2025, Alta Fox owned approximately 4,430,799 shares of Daktronics common stock. All other terms of the original agreement remain in effect.

Separately, Daktronics amended the consulting agreement with director Reece A. Kurtenbach, extending the term from November 1, 2025 through January 31, 2026, with compensation of $30,000 per month during the extended term and pro‑rata payment if terminated for convenience mid‑month. All other terms of the original consulting agreement remain unchanged. The amendments were filed as Exhibits 10.1 and 10.2.

Mark F. Bowser, a director of Daktronics, Inc. (DAKT), reported an acquisition of 3,535 shares of the issuer's common stock on 09/15/2025 at a price of $24.04 per share. The shares were granted as restricted stock under the Daktronics, Inc. 2025 Stock Incentive Plan and are stated to vest in approximately one year.

The Form 4 indicates the reporting person filed as an individual reporting person and signed the form on 09/23/2025. No options, dispositions, or derivative transactions are reported on this Form 4.

Mark F. Bowser, identified as a director of Daktronics Inc. (DAKT), submitted an initial Section 16 Form 3 reporting that he does not beneficially own any securities of the issuer. The filing lists his business address in Brookings, South Dakota, and includes a signed statement confirming that no securities are beneficially owned. The Form 3 indicates this is an initial ownership disclosure for a reporting person associated with the company.

Carla S. Gatzke, a director and the Secretary and Vice President of Human Resources at Daktronics, reported a non‑derivative acquisition of 25,212 shares of Daktronics common stock on 08/21/2025 via a transaction coded "G" (a gift from a grantor retained annuity trust). After the reported transaction she beneficially owns 746,248 shares directly and an additional 183,376 shares indirectly through a 401(k) plan. The Form 4 is signed on 09/19/2025. No proceeds or purchase price were paid for the acquired shares (price reported as $0).

Reece A. Kurtenbach, a director of Daktronics, reported receiving 25,211 shares of Daktronics common stock as a gift from a grantor retained annuity trust on 08/21/2025 at a reported price of $0. After the transaction, Kurtenbach beneficially owns 587,946 shares directly. The filing also discloses 17,400 shares held indirectly by the reporting person’s spouse. The Form 4 was signed by Reece A. Kurtenbach on 09/19/2025 and indicates the acquisition was reported under transaction code G for a gift.

Matthew J. Kurtenbach, VP of Manufacturing at Daktronics, reported receipt of 25,211 shares of Daktronics common stock as a gift on 08/21/2025. The Form 4 shows the shares were received at a $0 price from a grantor retained annuity trust and increased his reported beneficial ownership to 310,102.7 shares. The filing also discloses 5,000 shares held indirectly by a trust for the benefit of his child and 21,000 shares held in three UTMA custodial accounts for his children, where he serves as trustee/custodian. The filing includes a legal disclaimer that he disclaims beneficial ownership except to the extent of any pecuniary interest.

Insider transactions at Daktronics, Inc. (DAKT)

On 09/17/2025 Carla S. Gatzke, Secretary and VP of Human Resources and an officer of Daktronics, reported multiple transactions involving incentive stock options and common stock. Ms. Gatzke was the recipient of four groups of incentive stock options on 09/17/2025 totaling 25,240 options exercisable into common stock at prices of $9.57, $9.63, $7.83 and $7.47; each option group has zero shares outstanding following the reported transaction. The filing also discloses a sale of 9,944 shares of common stock at $23.0892 per share. Following the reported transactions, Ms. Gatzke directly beneficially owns 721,036 shares, and indirectly holds 183,376 shares via a 401(k).