Daktronics VP Wendler reports equity holdings on Form 3
Daktronics VP Brett David Wendler filed an initial Form 3 reporting his ownership in the company.
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Form Type
3
Rhea-AI Filing Summary
Daktronics VP Brett David Wendler filed an initial Form 3 reporting his ownership in the company. He holds 44,422 shares of common stock directly and 16,918 shares indirectly through a 401(k) plan. He also holds 19,950 restricted stock units and incentive stock options covering 48,946 shares of common stock, consisting of both vested and unvested awards that vest over time under existing agreements.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Wendler Brett David
Role
VP of Design & Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Incentive Stock Options | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Incentive Stock Options — 48,946 contracts (Direct);
Restricted Stock Units — 19,950 contracts (Direct);
Common Stock — 44,422 shares (Direct);
Common Stock — 16,918 shares (Indirect, by 401k)
Footnotes (2)
- F1. The reported options consist of vested and exercisable and unvested incentive stock options with varying exercise prices and expiration dates.
- F2. Each restricted stock unit represents the contingent right to receive one share of the issuers common stock and vests at various times in accordance with the applicable award agreements.
Key Figures
Direct common stock: 44,422 shares
401(k) common stock: 16,918 shares
Restricted Stock Units: 19,950 units
+2 more
5 metrics
Direct common stock
44,422 shares
Total shares held directly following Form 3 reporting
401(k) common stock
16,918 shares
Common stock held indirectly via 401(k) plan
Restricted Stock Units
19,950 units
Each RSU represents one share of common stock, vesting over time
Incentive Stock Options
48,946 underlying shares
Options over common stock with varying exercise prices and expirations
Unknown transaction entries
4 holdings
Transaction summary shows four holding entries, no buys or sells
Key Terms
Form 3, Restricted Stock Units, Incentive Stock Options, 401k
4 terms
Form 3 regulatory
"Brett David Wendler filed an initial Form 3 reporting his ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Restricted Stock Units financial
"The reported options consist of vested and exercisable and unvested incentive stock options with varying exercise prices and expiration dates."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Stock Options financial
"The reported options consist of vested and exercisable and unvested incentive stock options with varying exercise prices and expiration dates."
Incentive stock options are a type of employee stock option that gives eligible workers the right to buy company shares at a fixed price later on, often below future market value. They matter to investors because they align employee incentives with company performance, can dilute existing ownership when exercised, and create potential tax advantages for option holders if certain holding-time rules are met — think of them as a coupon to buy stock at today’s price with extra tax rules attached.
401k financial
"total_shares_following_transaction": "16918.0000" ... "nature_of_ownership": "by 401k""
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing by Daktronics (DAKT) VP Brett Wendler show?
The Form 3 shows Brett David Wendler’s initial ownership in Daktronics. He reports direct common stock, common stock held via a 401(k), and equity awards including restricted stock units and incentive stock options tied to future vesting conditions.
What restricted stock units does Brett Wendler report in Daktronics (DAKT)?
He reports 19,950 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Daktronics common stock and vests at various times according to the terms of the applicable award agreements disclosed in the footnotes.
What incentive stock options are disclosed for Brett Wendler in Daktronics (DAKT)?
The filing lists incentive stock options over 48,946 shares of Daktronics common stock. Footnotes explain these options consist of vested, exercisable, and unvested tranches with varying exercise prices and expiration dates under existing stock option award agreements.
Does Brett Wendler’s Daktronics (DAKT) Form 3 show any recent stock purchases or sales?
The Form 3 presents his holdings and equity awards but does not report any buy or sell transactions. All entries are labeled as holdings, and the transaction summary shows no purchases, sales, or option exercises recorded in this filing.
How are Brett Wendler’s derivative positions in Daktronics (DAKT) described?
His derivative positions include restricted stock units and incentive stock options linked to Daktronics common stock. Footnotes state the options have varying exercise prices and expiration dates, while the restricted stock units vest at various times under the relevant award agreements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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