Daktronics Insider Filing Shows 1,000-Share Gift by Director

Rhea-AI Filing Summary

Daktronics Inc. (DAKT) – Insider Form 4 Filing

Director Reece A. Kurtenbach reported a single transaction dated 05/22/2025. The filing shows a bona fide gift (Transaction Code G) of 1,000 common shares at $0. After the transaction, Kurtenbach directly owns 563,974 shares and indirectly controls 50,879 additional shares (17,400 via spouse and 33,479 through the company 401(k) plan). No purchases, sales, or derivative security exercises were disclosed, and the transaction does not alter his board status. Because the activity is a non-monetary transfer, it carries minimal immediate market implications but confirms the insider’s continued substantial equity stake.

Insights

Financial Analyst

TL;DR: Small gift of 1,000 shares; insider still holds over 560k shares—neutral market impact.

The Form 4 indicates a routine estate or charitable planning move rather than a valuation call. Kurtenbach’s direct ownership remains sizable at 563,974 shares, reinforcing long-term alignment with shareholders. Because no open-market purchase or sale occurred, the filing is unlikely to affect near-term trading sentiment or signal confidence levels. I classify the disclosure as informational with no material financial impact.

Corporate Governance Specialist

TL;DR: Governance-neutral disclosure; reflects transparency, not strategy.

Transaction code G denotes a bona fide gift, a common method for insiders to transfer shares for philanthropic or family purposes. Kurtenbach remains compliant with Section 16 reporting, and his post-transaction holdings keep him well above typical ownership guidelines for directors. The event neither strengthens nor weakens governance posture or shareholder protections. Overall impact: neutral.

Insider Trade Summary

1,000 shares gifted

Mixed 3 txns

Insider Kurtenbach Reece A

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	1,000	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 563,974 shares (Direct); Common Stock — 17,400 shares (Indirect, By Spouse)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Kurtenbach Reece A

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2025

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	05/22/2025		G		1,000(1)	D	$0	563,974	D
Common Stock								17,400	I	By Spouse
Common Stock								33,479	I	by 401(k)

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

Explanation of Responses:

1. Represents a bona fide gift of shares of Common Stock.

Remarks:

	Reece A. Kurtenbach	07/01/2025
	** 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 transaction did Reece A. Kurtenbach report for DAKT on 05/22/2025?

He reported a bona fide gift of 1,000 Daktronics common shares (Transaction Code G).

How many Daktronics shares does Kurtenbach own after the reported gift?

He holds 563,974 shares directly and 50,879 shares indirectly (via spouse and 401(k)).

Were any derivative securities involved in this Form 4 filing?

No. Table II is empty, indicating no options, warrants, or other derivatives were transacted.

Does the Form 4 indicate insider buying or selling of DAKT stock?

Neither. The filing reflects a non-monetary gift, not an open-market purchase or sale.

What does Transaction Code G signify in a Form 4?

Code G represents a bona fide gift of securities, typically for estate or charitable purposes.