STOCK TITAN

Daktronics (DAKT) awards 28,341 restricted stock units to executive officer

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

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.

Positive

  • None.

Negative

  • None.
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*
Jayaraman Ramesh

(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)
Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
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
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
Restricted Stock Units (1) 12/15/2025 A 28,341 (2) (2) Common Stock 28,341 $0 28,341 D
Explanation of Responses:
1. Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
2. Restricted Stock Units granted on 12/15/2025 vest 25% each year for four years beginning on 08/23/2026. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting
Remarks:
/s/ Ramesh Jayaraman 12/17/2025
** 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 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.

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