[Form 4] Daktronics Inc Insider Trading Activity

Rhea-AI Filing Summary

Sheila M. Anderson, Chief Data and Analytics Officer of Daktronics, reported option exercise and a sale of common stock. The filing shows an exercise of 7,500 incentive stock options at an exercise price of $8.51, resulting in acquisition of 7,500 common shares. The report also discloses a sale of 3,839 common shares at $16.86. In addition, Ms. Anderson is shown as indirectly beneficially owning 8,522 shares via a 401(k).

The transactions were reported on the form and reflect changes in Ms. Anderson’s direct and indirect holdings; the exercise left no derivative securities reported as beneficially owned.

Insights

Securities Analyst

TL;DR: Officer exercised ISOs for 7,500 shares and sold 3,839 shares; changes appear routine and not clearly material to equity value.

The filing documents an exercise of 7,500 incentive stock options at $8.51 and a contemporaneous sale of 3,839 shares at $16.86. Such activity commonly reflects option liquidity management and partial monetization of gains. The disclosure that 8,522 shares are held indirectly in a 401(k) clarifies total direct and indirect exposure. No derivative securities remain reported after the exercise. On its face, the size of the transactions is modest for a public company and should be assessed relative to total outstanding shares for materiality, which this filing does not provide.

Corporate Governance Expert

TL;DR: Insider exercised vested options and sold shares; filings meet Section 16 disclosure requirements without governance red flags.

The report names Sheila M. Anderson as the reporting person and indicates her capacity as an officer (CDAO). The exercise and subsequent sale are disclosed with transaction codes consistent with option exercise and open-market sale. The filing notes indirect ownership via a 401(k) and reports zero derivative holdings remaining after exercise. There are no stated amendments, related-party exceptions, or plan-based flags in the text 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^*

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)
08/07/2025

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	43,333.94	D
Common Stock	08/07/2025		S		3,839	D	$16.86	39,494.94	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
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:

	Sheila M Anderson	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 insider transactions did Sheila M. Anderson report on the Form 4 for DAKT?

The Form 4 shows an exercise of 7,500 incentive stock options at $8.51 and a sale of 3,839 common shares at $16.86.

How many shares does Sheila M. Anderson indirectly own via retirement plan according to the filing?

The filing discloses 8,522 shares held indirectly through a 401(k) plan.

Did the reporting person retain any derivative securities after the transactions?

No; the filing reports zero derivative securities beneficially owned following the option exercise.

What roles does the reporting person hold at Daktronics (DAKT)?

The filing identifies the reporting person as an officer with the title listed as CDAO and also marks the officer box under relationship to the issuer.

What transaction date is listed for the option exercise and sale?

Both the option exercise and the sale are recorded with a transaction date of 08/07/2025 in the filing.