Daktronics (DAKT) awards 28,341 restricted stock units to executive officer
Rhea-AI Filing Summary
Daktronics, Inc. reported an insider equity award for executive officer Ramesh Jayaraman12/15/2025, he acquired 28,341 restricted stock units (RSUs), each representing the right to receive one share of Daktronics common stock. Following this grant, he beneficially owns 28,341 RSUs directly.
The RSUs granted on 12/15/2025 vest in four equal installments of 25% each year, beginning on 08/23/2026. Shares of common stock will be delivered to him as soon as practicable after each vesting date.
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FAQ
What insider transaction did Daktronics (DAKT) report in this filing?
The filing reports that executive officer Ramesh Jayaraman acquired 28,341 restricted stock units (RSUs) of Daktronics, Inc. common stock on 12/15/2025.
How many restricted stock units were granted and what do they represent for DAKT?
A total of 28,341 RSUs were granted. Each RSU represents a contingent right to receive one share of Daktronics, Inc. common stock upon vesting.
What is the vesting schedule for the 28,341 RSUs reported by Daktronics (DAKT)?
The RSUs granted on 12/15/2025 vest 25% each year for four years, beginning on 08/23/2026. Vested shares will be delivered as soon as practicable after each vesting date.
How many derivative securities does the Daktronics executive own after this transaction?
After the reported transaction, the executive beneficially owns 28,341 restricted stock units directly, corresponding to 28,341 shares of Daktronics common stock underlying the RSUs.
What is the reporting person’s relationship to Daktronics (DAKT)?
The reporting person is identified as an Officer, with the title given as Executive Officer in relation to Daktronics, Inc.