Daktronics CEO receives 32,762 RSUs award

Jayaraman Ramesh reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Jayaraman Ramesh reported acquisition or exercise transactions in this Form 4 filing.

Daktronics, Inc. President and CEO Ramesh Jayaraman received a grant of 32,762 Restricted Stock Units (RSUs) of common stock on July 14, 2026 at no cost, under the 2025 Stock Incentive Plan. These RSUs vest in four equal annual installments beginning August 23, 2027. Following this award, he beneficially owns 61,119 unvested RSUs in total, including 28,357 granted December 15, 2025 and 32,762 granted July 14, 2026.

Insider Trade Summary

Grant/Award: 32,762 shares

Grant/Award 1 txn

Insider Jayaraman Ramesh

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2, F3	32,762	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 61,119 contracts (Direct)

Footnotes (3)

1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Daktronics, Inc. common stock.
2. F2. Represents RSUs granted under the Daktronics, Inc. 2025 Stock Incentive Plan. The RSUs vest in four equal annual installments beginning August 23, 2027, subject to certain vesting, forfeiture, and termination provisions.
3. F3. The number of derivative securities beneficially owned represents the aggregate number of unvested restricted stock units beneficially owned by the reporting person following the reported transaction, consisting of: (i) 28,357 unvested RSUs granted December 15, 2025; and (ii) 32,762 unvested RSUs granted July 14, 2026. Such awards vest at varying times pursuant to the terms of the applicable award agreements.

Key Figures

RSUs Granted: 32,762 RSUs Grant Date: July 14, 2026 Exercise/Grant Price: $0.0000 per RSU +3 more

6 metrics

RSUs Granted 32,762 RSUs Restricted Stock Units granted to the CEO on July 14, 2026

Grant Date July 14, 2026 Date of RSU grant to President and CEO Ramesh Jayaraman

Exercise/Grant Price $0.0000 per RSU RSUs granted at no cash cost to the CEO

Total Unvested RSUs After Grant 61,119 RSUs Aggregate unvested RSUs beneficially owned following the transaction

Prior Grant Unvested RSUs 28,357 RSUs Unvested RSUs from the December 15, 2025 grant

Vesting Commencement August 23, 2027 First vesting date, with four equal annual installments

Key Terms

Restricted Stock Units, beneficially owned, vesting, forfeiture

4 terms

Restricted Stock Units financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

beneficially owned financial

"The number of derivative securities beneficially owned represents the aggregate number"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

vesting financial

"The RSUs vest in four equal annual installments beginning August 23, 2027"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

forfeiture financial

"subject to certain vesting, forfeiture, and termination provisions"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Daktronics (DAKT) report for CEO Ramesh Jayaraman?

Daktronics reported that CEO Ramesh Jayaraman received a grant of 32,762 Restricted Stock Units (RSUs) on July 14, 2026. Each RSU represents a contingent right to receive one share of Daktronics common stock, awarded as part of his equity compensation.

How many Restricted Stock Units were granted to the Daktronics (DAKT) CEO and at what price?

The Daktronics CEO was granted 32,762 RSUs at a price of $0.00 per unit. This reflects a compensation award, not an open-market purchase, and each RSU can settle into one share of Daktronics common stock upon vesting.

What is the vesting schedule for the 32,762 RSUs granted by Daktronics (DAKT)?

The 32,762 RSUs granted to the Daktronics CEO vest in four equal annual installments beginning August 23, 2027. Vesting is subject to specified vesting, forfeiture, and termination provisions under the 2025 Stock Incentive Plan and related award agreement.

Under which plan were the new Daktronics (DAKT) RSUs granted to the CEO?

The RSUs were granted under the Daktronics, Inc. 2025 Stock Incentive Plan. This plan provides for equity-based awards, and the CEO’s 32,762-unit grant is structured as Restricted Stock Units that convert into common shares upon vesting conditions being satisfied.

How many unvested RSUs does the Daktronics (DAKT) CEO hold after this transaction?

After the grant, the CEO beneficially owns 61,119 unvested RSUs. This total consists of 28,357 RSUs granted on December 15, 2025 and 32,762 RSUs granted on July 14, 2026, which vest at varying times under their award agreements.

What does each Daktronics (DAKT) Restricted Stock Unit represent for the CEO’s award?

Each Daktronics RSU in this award represents a contingent right to receive one share of Daktronics common stock. The CEO receives the underlying shares only as the RSUs vest, and unvested units remain subject to forfeiture and termination conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/16/2026 - 05:15 PM EDT Learn about SEC filing dates

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 SOUTH DAKOTA 57006

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	07/14/2026		A		32,762		(2)	(2)	Common Stock	32,762	$0	61,119(3)	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Daktronics, Inc. common stock.

2. Represents RSUs granted under the Daktronics, Inc. 2025 Stock Incentive Plan. The RSUs vest in four equal annual installments beginning August 23, 2027, subject to certain vesting, forfeiture, and termination provisions.

3. The number of derivative securities beneficially owned represents the aggregate number of unvested restricted stock units beneficially owned by the reporting person following the reported transaction, consisting of: (i) 28,357 unvested RSUs granted December 15, 2025; and (ii) 32,762 unvested RSUs granted July 14, 2026. Such awards vest at varying times pursuant to the terms of the applicable award agreements.

Remarks:

	/s/ Ramesh Jayaraman	07/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)