[Form 4] DAKTRONICS INC /SD/ Insider Trading Activity

Rhea-AI Filing Summary

Peter Feigin, a director of Daktronics Inc. (DAKT), reported acquiring 3,535 shares of the issuer's common stock on 09/15/2025 at a price of $24.04 per share. The filing shows these shares are restricted stock that vests one year from the grant date. After the transaction, Feigin beneficially owns 10,356 shares in total. The Form 4 is signed 09/16/2025 and indicates the report was filed by one reporting person.

Positive

• Director equity grant disclosed, showing alignment of management with shareholders through ownership
• Beneficial ownership increased to 10,356 shares, improving insider stake transparency

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received restricted equity, increasing insider stake to 10,356 shares; vesting delays alignment with shareholder interests over 12 months.

The grant of 3,535 restricted shares at $24.04 reflects a typical director equity award rather than an open-market purchase. Because the shares vest one year from the grant date, the economic and voting impact is delayed until vesting occurs. The filing documents beneficial ownership post-transaction and confirms the director status of the reporting person, providing transparency required under Section 16.

Securities Analyst

TL;DR: Insider equity grant increases reported beneficial ownership but is time-conditioned; not an immediate market liquidity event.

The transaction code indicates an acquisition (A) of restricted stock rather than an open-market buy. The $24.04 price is recorded on the Form 4; however, the shares are subject to a one-year vesting schedule, delaying transferability. The Form 4 provides clear quantity and price disclosure, satisfying short-form insider reporting requirements.

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

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

1. Name and Address of Reporting Person^*

Feigin Peter

(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)
09/15/2025

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	09/15/2025		A		3,535(1)	A	$24.04	10,356	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

Explanation of Responses:

1. Restricted Stock that vests one year from grant date.

Remarks:

	/s/ Peter Feigin	09/16/2025
	** 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 Peter Feigin report on the Form 4 for DAKT?

He reported acquiring 3,535 restricted shares of Daktronics common stock on 09/15/2025 at $24.04 per share.

How many Daktronics (DAKT) shares does the reporting person now beneficially own?

10,356 shares following the reported transaction.

Are the shares acquired by the director immediately vested and transferable?

No. The filing states these are restricted shares that vest one year from the grant date.

When was the Form 4 signed and filed for this Daktronics transaction?

The signature date shown is 09/16/2025 and the transaction date is 09/15/2025.