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

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Mark F. Bowser, a director of Daktronics, Inc. (DAKT), reported an acquisition of 3,535 shares of the issuer's common stock on 09/15/2025 at a price of $24.04 per share. The shares were granted as restricted stock under the Daktronics, Inc. 2025 Stock Incentive Plan and are stated to vest in approximately one year.

The Form 4 indicates the reporting person filed as an individual reporting person and signed the form on 09/23/2025. No options, dispositions, or derivative transactions are reported on this Form 4.

Positive
  • Equity alignment: Director received restricted stock, aligning his interests with shareholders.
  • Clear vesting: Grant is reported to vest in approximately one year, providing transparency on timing.
Negative
  • None.

Insights

TL;DR: Routine director equity grant; modest single-date acquisition with standard restricted-stock vesting.

The filing discloses a non-derivative award of 3,535 common shares to Mark F. Bowser at $24.04 per share under the companys 2025 Stock Incentive Plan, vesting in approximately one year. This is a straightforward compensation-related equity grant rather than an open-market purchase or sale. For investors, this form updates insider holdings but does not, by itself, provide revenue, earnings, or balance-sheet impact beyond the usual disclosure of incentive-based compensation.

TL;DR: Standard governance disclosure showing director alignment via equity awards with time-based vesting.

The Form 4 documents a time-based restricted stock grant to a director, disclosed in compliance with Section 16 reporting rules. The instrument is non-derivative common stock granted under the 2025 Stock Incentive Plan and is scheduled to vest in roughly one year. The filing clarifies the reporting persons relationship to the issuer (Director) and confirms individual filing status; it contains no amendments or additional governance actions.

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*
Bowser Mark F

(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 3,535 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. Represents restricted stock granted under the Daktronics, Inc. 2025 Stock Incentive Plan. The stock will vest in approximately one year.
Remarks:
/s/ Mark F. Bowser 09/23/2025
** 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 transaction did Mark F. Bowser report on Form 4 for DAKT?

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

Under which plan were the shares granted to the director?

The shares were granted under the Daktronics, Inc. 2025 Stock Incentive Plan as restricted stock.

When will the restricted shares reported by Mark F. Bowser vest?

The filing states the restricted stock will vest in approximately one year.

Did the Form 4 report any derivative transactions or dispositions?

No. The Form 4 shows only a non-derivative acquisition of common stock and no dispositions or derivative holdings.

What is the reporting person's relationship to Daktronics?

Mark F. Bowser is reported as a Director of Daktronics, Inc.
Daktronics Inc

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