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[144] DAKTRONICS INC /SD/ SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form 144 notice for DAKT reporting a proposed sale of 9,944 common shares acquired and to be sold on 09/17/2025. The shares were obtained that same day through a stock option exercise from the issuer and payment was made in cash. The filer lists an aggregate market value of $229,599.00 for the shares and reports 48,530,238 shares outstanding for the class. The intended sale is through Morgan Stanley Smith Barney LLC on NASDAQ. The filer indicates no securities sold in the past three months and includes the standard attestation about absence of undisclosed material information.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine insider exercise and planned sale of shares; disclosure is procedural and contains clear quantities and execution details.

The filing documents a same-day stock option exercise and proposed sale of 9,944 common shares on 09/17/2025 via Morgan Stanley Smith Barney on NASDAQ, with an aggregate market value of $229,599. The filer reports no sales in the prior three months and provides the required attestation regarding material nonpublic information. Based on the details provided, this is a standard Form 144 disclosure to enable a registered broker to effect the sale under Rule 144.

TL;DR: The filing meets Rule 144 procedural requirements and includes customary attestations; no governance red flags disclosed.

The notice specifies the relationship to the issuer via a stock option exercise, timing of acquisition and payment in cash, broker details, and exchange. The filing also states no securities sold in the preceding three months and contains the ordinary signature attestation about material information. There is no indication in the form of any unusual conditions or exceptions to standard insider selling protocols.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 filed for DAKT report?

The form reports a proposed sale of 9,944 common shares acquired via a stock option exercise and to be sold on 09/17/2025 through Morgan Stanley Smith Barney on NASDAQ.

How much are the shares being sold worth according to the filing?

The filing lists an aggregate market value of $229,599.00 for the 9,944 shares.

When were the securities acquired and how were they paid for?

The securities were acquired on 09/17/2025 by stock option exercise from the issuer and payment was made in cash on the same date.

Did the filer sell any issuer securities in the past three months?

The Form 144 states "Nothing to Report" for securities sold during the past three months.

What attestation does the filer provide on the Form 144?

The filer signs an attestation that they do not know any material adverse information about the issuer that has not been publicly disclosed, and includes the standard criminal-misstatement warning.
Daktronics Inc

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