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Daktronics (DAKT) VP reports Form 4 gifted shares update of 1,800 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Daktronics VP of Manufacturing Matthew J. Kurtenbach reported an insider transaction involving Daktronics Inc. common stock. On December 23, 2025, he was gifted 1,800 shares of common stock at a reported transaction price of $0 per share. According to the footnotes, 900 of these shares have a cost basis of $1.01 per share and the remaining 900 have a cost basis of $0.15 per share.

Following this gift, Kurtenbach directly held 311,902.7 shares of Daktronics common stock. The filing also lists 5,000 shares held by a trust for the benefit of a child, over which he may be deemed to exercise voting and investment power, and 21,000 shares held in three custodial UTMA accounts for his children. He expressly disclaims beneficial ownership of securities reported in the filing except to the extent of his pecuniary interest.

Positive

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Negative

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Insider Kurtenbach Matthew John
Role VP of Manufacturing
Type Security Shares Price Value
Gift Common Stock 1,800 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 311,902.7 shares (Direct); Common Stock — 5,000 shares (Indirect, By Trust)
Footnotes (1)
  1. Reporting Person was gifted 1,800 shares of Daktronics Inc. common stock; 900 shares had a cost basis of $1.01 per share, and the remaining 900 shares had a cost basis of $0.15 per share. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), the Reporting Person disclaims beneficial ownership of any securities reported in this filing, except to the extent of his pecuniary interest therein, if any, and this Amendment shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise. As a trustee of a trust formed for the benefit of a child of the Reporting Person (the "Trust"), the Reporting Person may be deemed to exercise voting and investment power over the shares of common stock of Daktronics, Inc. ("Common Stock") held by the Trust. Represents securities held in 3 separate custodial accounts under the Uniform Transfers to Minors Act (the "UTMA"). The Reporting Person is the custodian of the UTMA accounts held for the benefit of his children.
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 Matthew John
(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)
VP of Manufacturing
3. Date of Earliest Transaction (Month/Day/Year)
12/23/2025
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 12/23/2025 G 1,800(1) A $0 311,902.7 D
Common Stock 5,000(2)(3) I By Trust(2)
Common Stock 21,000(2)(4) I As custodian for UTMA Accounts for minors(4)
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. Reporting Person was gifted 1,800 shares of Daktronics Inc. common stock; 900 shares had a cost basis of $1.01 per share, and the remaining 900 shares had a cost basis of $0.15 per share.
2. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), the Reporting Person disclaims beneficial ownership of any securities reported in this filing, except to the extent of his pecuniary interest therein, if any, and this Amendment shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
3. As a trustee of a trust formed for the benefit of a child of the Reporting Person (the "Trust"), the Reporting Person may be deemed to exercise voting and investment power over the shares of common stock of Daktronics, Inc. ("Common Stock") held by the Trust.
4. Represents securities held in 3 separate custodial accounts under the Uniform Transfers to Minors Act (the "UTMA"). The Reporting Person is the custodian of the UTMA accounts held for the benefit of his children.
Remarks:
Matthew J. Kurtenbach 01/14/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Daktronics (DAKT) report for VP of Manufacturing Matthew Kurtenbach?

The filing reports that Matthew J. Kurtenbach, VP of Manufacturing at Daktronics, was gifted 1,800 shares of Daktronics Inc. common stock on December 23, 2025 at a reported transaction price of $0 per share.

How many Daktronics (DAKT) shares does Matthew Kurtenbach hold after this Form 4 transaction?

After the reported gift, Matthew Kurtenbach directly held 311,902.7 shares of Daktronics common stock. The filing also lists 5,000 shares held by a trust and 21,000 shares held in UTMA custodial accounts associated with his children.

What is the cost basis of the 1,800 Daktronics (DAKT) shares gifted to Matthew Kurtenbach?

The footnotes state that of the 1,800 gifted shares, 900 shares have a cost basis of $1.01 per share, and the remaining 900 shares have a cost basis of $0.15 per share.

How are the trust and UTMA holdings in Daktronics (DAKT) described in Matthew Kurtenbachs Form 4?

The filing notes 5,000 shares held by a trust formed for the benefit of a child, where Kurtenbach may be deemed to exercise voting and investment power, and 21,000 shares in three UTMA custodial accounts for his children, for which he is custodian.

Does Matthew Kurtenbach claim full beneficial ownership of all Daktronics (DAKT) shares reported?

No. The Form 4 explicitly states that, for Section 16 purposes, he disclaims beneficial ownership of any securities reported in the filing, except to the extent of his pecuniary interest, and that the filing is not an admission of beneficial ownership.

What is Matthew Kurtenbachs role at Daktronics (DAKT) as disclosed in this Form 4?

The filing identifies Matthew J. Kurtenbach as an officer of Daktronics Inc., serving as VP of Manufacturing.