[144] DAKTRONICS INC /SD/ SEC Filing

Rhea-AI Filing Summary

Form 144 notice from DAKTRONICS INC (DAKT): The filer reported a proposed sale of 13,479 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $317,850.99. The filing lists 48,530,238 shares outstanding and an approximate sale date of 09/15/2025 on NASDAQ. The securities to be sold were acquired as restricted stock on 08/23/2025 (7,160 shares) and 08/23/2024 (6,319 shares), both from the issuer, with payment dates matching acquisition dates. The filer certifies they are not aware of undisclosed material adverse information and includes the standard signature and legal notice regarding false statements.

Insights

Securities Analyst

TL;DR: Routine insider notice of a proposed sale of restricted shares via a broker on NASDAQ; disclosure is procedural rather than materially transformative.

The filing is a standard Form 144 submission reporting a proposed sale of 13,479 common shares through Morgan Stanley Smith Barney LLC with an indicated aggregate market value of $317,850.99 and an approximate sale date of 09/15/2025. The reported acquisitions were restricted stock grants from the issuer on 08/23/2024 and 08/23/2025. For investors, this document notifies market participants of an intended sale by an insider or control person and satisfies Rule 144 reporting requirements; it does not provide operational or financial performance data about the company.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 mechanics and includes the required insider representation about material information.

The submission includes required representations that the seller is not aware of undisclosed material adverse information and references potential 10b5-1 trading-plan considerations. The form identifies the broker and provides acquisition details showing the shares originated as restricted stock from the issuer. This supports compliance and transparency around insider dispositions but does not signal any governance event beyond routine reporting.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	13479	317850.99	48530238	09/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/23/2025	Restricted Stock	Issuer			7160	08/23/2025	Not Applicable
Common	08/23/2024	Restricted Stock	Issuer			6319	08/23/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for DAKT disclose?

The filing discloses a proposed sale of 13,479 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $317,850.99 and an approximate sale date of 09/15/2025.

How were the shares being sold acquired according to the filing?

The filing shows the shares were acquired as restricted stock from the issuer on 08/23/2025 (7,160 shares) and 08/23/2024 (6,319 shares), with payment listed as Not Applicable.

Which broker is named for the proposed sale of DAKT shares?

The broker named is Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

On which exchange is the sale expected to occur?

The filing lists NASDAQ as the securities exchange for the proposed sale.

Does the Form 144 include any securities sold in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.