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[Form 3] DAKTRONICS INC /SD/ Initial Statement of Beneficial Ownership

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

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.

Positive
  • Compliance: Initial Section 16 Form 3 was submitted, establishing a public baseline for the reporting person's ownership status
  • Clarity: Filing explicitly states no securities are beneficially owned, removing ambiguity about current holdings
Negative
  • None.

Insights

TL;DR: Director filed an initial Form 3 and reports zero beneficial ownership, ensuring Section 16 transparency for the issuer.

The Form 3 shows Mark F. Bowser identified as a director who has submitted an initial beneficial-ownership disclosure and declared no direct or indirect ownership of the issuer's securities. From a governance perspective, timely filing of an initial Form 3 is a routine compliance step that establishes a public baseline for future Section 16 reporting obligations. The disclosure itself does not reveal potential alignment or misalignment of director incentives since no holdings are reported.

TL;DR: Initial Section 16 filing completed; absence of holdings simplifies future short-swing profit analysis but provides limited investor insight.

The filing explicitly indicates no securities are beneficially owned by the reporting person. For compliance monitoring, that means there are currently no reportable transactions subject to Section 16(b) short-swing profit rules for this individual until holdings change. The document is procedural and factual; it does not provide material financial or operational information about the issuer.

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*
Bowser Mark F

(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/ Mark F. Bowser 09/23/2025
** 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 Mark F. Bowser disclose on his Form 3 for DAKT?

The Form 3 discloses that Mark F. Bowser, identified as a director, does not beneficially own any Daktronics (DAKT) securities.

Does the Form 3 indicate any derivative or stock option holdings for DAKT?

No. The filing states no securities are beneficially owned and includes no entries for derivatives, options, or other equity instruments.

What is the reporting person’s relationship to Daktronics in this filing?

The filing identifies Mark F. Bowser as a Director of Daktronics Inc.

Where is the reporting person located according to the Form 3?

The Form 3 lists the reporting person’s address in Brookings, South Dakota.
Daktronics Inc

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