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[Form 4] Daktronics Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Insider transactions by Carla S. Gatzke, Secretary and VP of Human Resources at Daktronics, Inc. (DAKT): The Form 4 shows acquisitions and dispositions on 08/23/2025. Ms. Gatzke acquired 1,973 shares of common stock at no cash price under a plan code "M" and purchased 968 shares between May 1, 2025 and August 23, 2025 through the company 401(k) plan, bringing her direct beneficial ownership to 704,854 shares. She disposed of 114 shares at $16.90 each. Multiple restricted stock unit awards vested or were recorded as vested on 08/23/2025, adding scheduled deliveries totaling several hundred shares and leaving 23,139 restricted-stock-unit-backed shares reported as directly owned. The filing is a routine insider report documenting plan purchases, a small sale, and scheduled RSU vesting.

Positive
  • Officer increased direct stake through plan purchases totaling 1,973 shares on 08/23/2025 plus 968 shares acquired under the 401(k) plan during May–Aug 2025
  • Multiple RSU vesting events were recorded, reflecting scheduled compensation vesting from grants in 2020–2024 and adding vested shares deliverable to the reporting person
Negative
  • Small disposition of 114 shares at $16.90 on 08/23/2025 reduced direct holdings slightly

Insights

TL;DR: Routine insider activity shows plan purchases and scheduled RSU vesting; no governance red flags visible.

The report documents standard compensation and benefit-related transactions for a corporate officer: purchases through the company 401(k) plan, a small open-market or plan sale of 114 shares at $16.90, and multiple RSU vesting events with delivery timing described. The filings reference grant dates and vesting schedules, which align with multi-year RSU awards. There is no indication of prohibited timing or unusual transfers in the statements provided; transactions appear consistent with routine compensation and employee benefit plan activity.

TL;DR: Insider increased direct holdings modestly via plan purchases and recognized routine RSU vesting; impact on float appears limited.

The insider’s net activity on 08/23/2025 includes an acquisition of 1,973 shares (code M) and prior 401(k) plan purchases of 968 shares recorded through August 23, 2025, versus a small disposition of 114 shares at $16.90. The filing lists multiple RSU grants from 2020–2024 with annual 20% vesting schedules and recent vesting events recorded on the same date. From an investor-materiality perspective, these are typical officer compensation-related events and do not, by themselves, signal material changes to ownership concentration or corporate control based on the data provided.

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*
GATZKE CARLA S

(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)
Secretary and VP of Human Reso
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 $0 704,854 D
Common Stock 08/23/2025 F 114 D $16.9 704,740 D
Common Stock 183,376(1) 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 (2) (2) Common Stock 500 $0 24,612 D
Restricted Stock Units $0 08/23/2025 M 500 (3) (3) Common Stock 500 $0 24,112 D
Restricted Stock Units $0 08/23/2025 M 500 (4) (4) Common Stock 500 $0 23,612 D
Restricted Stock Units $0 08/23/2025 M 246 (5) (5) Common Stock 246 $0 23,366 D
Restricted Stock Units $0 08/23/2025 M 227 (6) (6) Common Stock 227 $0 23,139 D
Explanation of Responses:
1. Between May 1, 2025 and August 23, 2025, the Reporting Person acquired 968 shares of common stock of Daktronics, Inc. (the "Issuer") under the Issuer's 401k Plan. The information in this Report is based on a plan statement dated August 23, 2025.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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:
Carla S. Gatzke 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 Daktronics insider Carla Gatzke report on Form 4 (DAKT)?

The Form 4 reports acquisitions of 1,973 shares on 08/23/2025, 968 shares acquired under the 401(k) plan between May 1 and 08/23/2025, and a disposition of 114 shares at $16.90. It also records multiple RSU vesting events.

How many shares does Carla Gatzke beneficially own after the reported transactions?

The filing reports 704,854 shares beneficially owned following the reported transactions.

Were any restricted stock units (RSUs) involved in the Form 4 for DAKT?

Yes. The filing lists several RSU grants from 09/03/2020 through 09/09/2024 with annual 20% vesting schedules, and vesting entries on 08/23/2025 for multiple award tranches.

What was the price of the shares sold by the reporting person?

The reported sale was 114 shares at $16.90 per share on 08/23/2025.

Does the Form 4 indicate purchases under Daktronics' 401(k) plan?

Yes. The report states the reporting person acquired 968 shares under the Issuer’s 401(k) Plan between May 1, 2025 and August 23, 2025.
Daktronics Inc

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