[Form 4] Daktronics Inc Insider Trading Activity

Rhea-AI Filing Summary

Daktronics insider Sheila M. Anderson, listed as CDAO and an officer, reported several equity transactions on 08/23/2025. The filing shows a net acquisition of 1,973 shares of common stock (Code M) at $0 and a sale of 235 shares at $16.90 each, leaving the reporting person with 41,232.94 shares directly after the sale. The filing also discloses 8,522 shares indirectly held via a 401(k).

The report lists multiple restricted stock unit vestings dated 08/23/2025: awards from 2020–2024 that vested in amounts of 500, 500, 500, 246 and 227 RSUs, increasing the number of underlying common shares held. Each RSU grant description states vested shares will be delivered as soon as practicable.

Positive

• Significant net increase in directly held common stock via RSU vesting (1,973 shares acquired, Code M).
• Clear disclosure of indirect holdings in a 401(k) (8,522 shares), providing transparency on total economic exposure.

Negative

• Reported sale of 235 shares at $16.90 (Code F), indicating some insider liquidity, though modest relative to total holdings.

Insights

Securities/Insider Transactions Analyst

TL;DR: Officer reported routine RSU vesting with a small open-market sale, resulting in a modest net increase in holdings.

The Form 4 shows multiple restricted stock units vesting effective 08/23/2025 from grants issued 2020–2024, producing vested shares delivered to the reporting person. A separate line records a sale of 235 shares at $16.90 and an acquisition entry (Code M) of 1,973 shares at $0, consistent with RSU vesting or delivery rather than open-market purchase. Ownership breakdown in the filing: 41,232.94 shares direct post-transaction and 8,522 shares indirect via a 401(k). This is a routine insider compensation-to-holding conversion with no new debt, financing, or extraordinary corporate action disclosed.

Corporate Governance Specialist

TL;DR: Transactions appear administrative and compensation-related, not indicative of a change in corporate control or strategy.

The pattern of M-coded transactions and the explanatory notes about multi-year RSU grants (vesting 20% annually) align with scheduled compensation vesting. The single F-coded sale at $16.90 is small relative to total holdings and may reflect tax withholding or routine liquidity. No information here suggests material governance events, executive departure, or extraordinary related-party transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Anderson Sheila Mae

(Last) (First) (Middle)

201 DAKTRONICS DRIVE

(Street)

BROOKINGS SD 57006

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DAKTRONICS INC /SD/ [ DAKT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CDAO

3. Date of Earliest Transaction (Month/Day/Year)
08/23/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/23/2025		M		1,973	A	$0	41,467.94	D
Common Stock	08/23/2025		F		235	D	$16.9	41,232.94	D
Common Stock								8,522	I	by 401k

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	08/23/2025		M			500	(1)	(1)	Common Stock	500	$0	26,850	D
Restricted Stock Units	$0	08/23/2025		M			500	(2)	(2)	Common Stock	500	$0	26,350	D
Restricted Stock Units	$0	08/23/2025		M			500	(3)	(3)	Common Stock	500	$0	25,850	D
Restricted Stock Units	$0	08/23/2025		M			246	(4)	(4)	Common Stock	246	$0	25,604	D
Restricted Stock Units	$0	08/23/2025		M			227	(5)	(5)	Common Stock	227	$0	25,377	D

Explanation of Responses:

1. Restricted Stock Units granted on 09/03/2020 vest 20% each year for five years beginning on 08/23/2021. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

2. Restricted Stock Units granted on 09/02/2021 vest 20% each year for five years beginning on 08/23/2022. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

3. Restricted Stock Units granted on 09/07/2022 vest 20% each year for five years beginning on 08/23/2023. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

4. Restricted Stock Units granted on 09/11/2023 vest 20% each year for five years beginning 08/23/2024. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

5. Restricted Stock Units granted on 09/09/2024 vest 20% each year for five years beginning on 08/23/2025. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

Remarks:

	Sheila M Anderson	08/26/2025
	** 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 4 (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 transactions did Sheila M. Anderson report on Form 4 for DAKT?

She reported RSU vestings (Code M) totaling 1,973 shares acquired and a sale (Code F) of 235 shares at $16.90 on 08/23/2025.

How many DAKT shares does Sheila M. Anderson beneficially own after the reported transactions?

41,232.94 shares directly, plus 8,522 shares indirectly held via a 401(k), per the Form 4.

Were the acquired shares purchased or issued from vested awards?

The acquisitions are coded M at $0 and the filing explains multiple RSU grants vesting; the entries are consistent with vested RSUs being delivered.

Do the transactions indicate a material change in control or company strategy for Daktronics (DAKT)?

No. The filing reflects scheduled RSU vesting and a small sale; it does not disclose any change in control, financing, or strategic transaction.

When did the RSU grants originally vest and from which grant years?

RSU grants cited were from 09/03/2020, 09/02/2021, 09/07/2022, 09/11/2023 and 09/09/2024, each vesting 20% annually beginning on 08/23 of the listed years, with 08/23/2025 vesting events noted.