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[Form 3] Daktronics Inc Initial Statement of Beneficial Ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3
Rhea-AI Filing Summary

The filing is an initial Form 3 from Neil D. Glat, reporting his relationship as a director of Daktronics Inc (DAKT). The form, dated 09/03/2025 for the event and signed 09/11/2025, states that no securities are beneficially owned by the reporting person. The form indicates it was filed by one reporting person and includes the reporting person's Brookings, SD address.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Director Neil D. Glat filed an initial Form 3 declaring no beneficial ownership of Daktronics (DAKT) securities.

This disclosure is a routine Section 16 filing that documents the reporting person's status as a director and confirms an absence of equity holdings at the time of the statement. For governance monitoring, an initial Form 3 with zero ownership simply establishes a baseline position for future Section 16 activity. It does not by itself imply related-party transactions, insider purchases, or sales.

TL;DR: The Form 3 appears complete for an initial filing and reports no securities owned, a routine compliance action.

From a compliance standpoint this filing satisfies the initial disclosure obligation under Section 16(a) by identifying the reporting person, relationship (director), issuer (DAKT), event date, and a signed certification. Because no holdings are reported, there are no non-derivative or derivative positions to monitor for future insider transaction reporting.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Glat Neil

(Last) (First) (Middle)
201 DAKTRONICS DRIVE

(Street)
BROOKINGS SD 57006

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/03/2025
3. Issuer Name and Ticker or Trading Symbol
DAKTRONICS INC /SD/ [ DAKT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
No securities are beneficially owned.
No securities are beneficially owned.
/s/ Neil D. Glat 09/11/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Neil D. Glat report on the Form 3 for DAKT?

The Form 3 reports that Neil D. Glat is a director of Daktronics Inc and that no securities are beneficially owned by him as of the event date.

When is the event date reported on the Form 3 for DAKT?

The event date listed on the Form 3 is 09/03/2025, and the form is signed on 09/11/2025.

Does the Form 3 disclose any stock options or derivative holdings for the reporting person?

No. The filing explicitly states no securities are beneficially owned, and there are no derivative securities reported.

Is this Form 3 filed by more than one reporting person?

No. The form indicates it was filed by one reporting person.

What relationship to the issuer does the reporting person have?

The reporting person, Neil D. Glat, is reported as a Director of Daktronics Inc.
Daktronics Inc

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