[Form 4] Daktronics Inc Insider Trading Activity
Bradley T. Wiemann, President and CEO of Daktronics, reported changes in his beneficial ownership on Form 4. On 08/23/2025 he received 2,200 shares via vesting of restricted stock units (RSUs) recorded as non‑derivative acquisitions at $0 per share and recognized as five separate RSU vesting events tied to prior grants. He also sold 532 shares on the same date at $16.90 per share. After the transactions, Wiemann beneficially owned approximately 106,362 to 106,894 shares in the issuer depending on the line reported. The filing is signed 08/26/2025 and shows that vested RSUs will be delivered “as soon as practicable” following vesting.
- Scheduled RSU vesting occurred as planned, delivering a total of 2,200 shares to the CEO
- Clear disclosure of transaction dates, prices, and post‑transaction beneficial ownership supports transparency
- Sale of 532 shares at $16.90 reduced the reporting person's holdings (amount and motive not disclosed)
Insights
TL;DR: CEO received scheduled RSU vesting totaling 2,200 shares and executed a small sale of 532 shares on the same date.
The filing documents routine executive compensation vesting rather than a discretionary grant: five prior RSU awards vested according to their schedules resulting in 2,200 shares delivered at $0 cost to the reporting person. The concurrent sale of 532 shares at $16.90 appears to be a partial disposition of newly vested or previously held shares. The transactions are typical for executives receiving time‑based equity and do not on their face indicate unusual corporate events or material capital changes for Daktronics.
TL;DR: Transactions reflect scheduled vesting and a modest sale, consistent with standard compensation and liquidity practices.
The disclosure names Bradley T. Wiemann as President and CEO and shows vesting schedules from 2020–2024 grants that vest 20% annually beginning each grant's first anniversary. The filing properly reports the vesting and an open‑market disposition of 532 shares at $16.90. From a governance perspective, these are routine Form 4 disclosures that maintain transparency about insider holdings and transfers.