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[Form 4] Daktronics Inc Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Bradley T. Wiemann, identified as President and CEO of Daktronics (DAKT), reported acquiring 7,500 shares via incentive stock options on 08/07/2025 with an exercise price of $8.51 per share. The reported transaction increases his direct beneficial ownership to 93,319.964 shares.

The derivative table shows the 7,500 incentive stock options at the same $8.51 price, listed as exercisable on 09/03/2025. The filing includes a vesting note that these incentive stock options vested 20% per year over five years with vesting dates from 08/23/2016 through 08/23/2020. The report lists no derivative securities beneficially owned following the reported transaction (0) and identifies Wiemann as an officer and director.

Positive
  • Reporting person acquired 7,500 incentive stock options/shares at an exercise price of $8.51, increasing direct beneficial ownership to 93,319.964 shares.
Negative
  • None.

Insights

TL;DR: CEO grant of 7,500 incentive options at $8.51 modestly increases direct stake to 93,319.964 shares; transaction appears compensation-related.

The filing shows a single transaction on 08/07/2025 awarding or reporting acquisition of 7,500 shares/options at an $8.51 price, with exercisability noted as 09/03/2025. The resulting direct beneficial ownership is 93,319.964 shares. For valuation context, multiply 7,500 by the $8.51 exercise price to gauge gross exercise cost, and compare the post-transaction holding to outstanding share counts from other sources if needed. The filing itself does not disclose market reaction, dilution, or broader compensation totals.

TL;DR: Disclosure is routine: officer grant/transaction with an explicit vesting history; no material governance red flags in the text provided.

The Form 4 identifies Wiemann as an officer and director and details an incentive stock option-related transaction. The included vesting schedule (20% per year over five years with dates from 08/23/2016 to 08/23/2020) is disclosed in the explanation block. The form reports zero derivative securities beneficially owned after the transaction and does not indicate any departures, waivers, or amendments to governance arrangements within the supplied content.

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*
Wiemann Bradley T

(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)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
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 08/07/2025 M 7,500 A $8.51 93,319.964 D
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
Incentive Stock Option $8.51 08/07/2025 M 7,500 (1) 09/03/2025 Common Stock 7,500 $8.51 0 D
Explanation of Responses:
1. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 8/23/2016, 8/23/2017, 08/23/2018, 08/23/2019, 08/23/2020.
Remarks:
Bradley T. Wiemann 08/11/2025
** 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 did Bradley T. Wiemann report on this Form 4 for DAKT?

He reported acquisition of 7,500 shares via incentive stock options on 08/07/2025 at an exercise price of $8.51, raising direct ownership to 93,319.964 shares.

What is the exercise price and exercisable date for the options reported in the DAKT Form 4?

Exercise price: $8.51 per share. Exercisable date: 09/03/2025 as shown in the derivative table.

Does the filing disclose a vesting schedule for the incentive stock options?

Yes. The explanation states the incentive stock options vested 20% each year over five years with vesting dates from 08/23/2016 through 08/23/2020.

How many derivative securities are beneficially owned after the reported transaction?

The Form 4 lists 0 derivative securities beneficially owned following the reported transaction.

What is Bradley Wiemann's role at Daktronics as indicated on the form?

The filing identifies Bradley T. Wiemann as an Officer (President and CEO) and as a Director of Daktronics.
Daktronics Inc

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