Daktronics VP awarded 7,273 restricted stock units
Kurtenbach Matthew John reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kurtenbach Matthew John reported acquisition or exercise transactions in this Form 4 filing.
Daktronics VP of Manufacturing Matthew John Kurtenbach was granted 7,273 Restricted Stock Units tied to common stock at $0.00 per unit. These RSUs vest in four equal annual installments beginning August 23, 2027. Following the grant, he holds 28,929 unvested RSUs in total.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 7,273 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Daktronics, Inc. common stock.
- 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.
- 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) 500 unvested RSUs granted September 2, 2021; (ii) 1,000 unvested RSUs granted September 8, 2022; (iii) 738 unvested RSUs granted September 11, 2023; (iv) 1,816 unvested RSUs granted September 9, 2024; (v) 9,211 unvested RSUs granted March 5, 2025; (vi) 8,391 unvested RSUs granted July 28, 2025; and (vii) 7,273 unvested RSUs granted July 14, 2026. Such awards vest at varying times pursuant to the terms of the applicable award agreements.
Key Figures
Key Terms
Restricted Stock Units financial
2025 Stock Incentive Plan financial
beneficially owned financial
forfeiture financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Daktronics (DAKT) report for Matthew John Kurtenbach?
How do the new Daktronics (DAKT) RSUs granted to Kurtenbach vest?
What does each Restricted Stock Unit represent in the Daktronics (DAKT) grant?
How many unvested Daktronics (DAKT) RSUs does Kurtenbach hold after this grant?
Under which plan were the new Daktronics (DAKT) RSUs to Kurtenbach granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.