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

Rhea-AI Filing Summary

Jose-Marie Griffiths, a director of Daktronics, acquired 3,535 shares of common stock on 09/15/2025 at $24.04 per share, increasing her direct beneficial ownership to 61,030 shares. The acquisition is recorded as restricted stock that vests one year from the grant date, indicating the shares are subject to time-based vesting and not immediately transferable. The Form 4 shows the reporting person filed as an individual director and discloses no derivative transactions.

This filing documents an insider purchase rather than a sale, which can signal confidence by management, but the form does not provide company financial results or further context on the grant's purpose.

Positive

• Director acquisition: Jose-Marie Griffiths acquired 3,535 shares, increasing her direct ownership to 61,030 shares.
• Alignment with shareholders: Shares are time-vesting restricted stock that vests in one year, which aligns director incentives with long-term performance.

Negative

• None.

Insights

Securities Analyst

TL;DR: Director purchased restricted stock increasing direct ownership to 61,030 shares; vests in one year.

The Form 4 reports a non-derivative acquisition of 3,535 common shares at $24.04 each reported by director Jose-Marie Griffiths on 09/15/2025. These shares are restricted and vest one year from grant, which limits immediate liquidity and aligns the director with shareholder interests over a retention period. The disclosure is routine for equity compensation and does not include derivative activity or indications of changes in control. Without dollar value relative to company market cap or additional insider patterns, the transaction is informative but not clearly material on its own.

Corporate Governance Expert

TL;DR: Time-vesting restricted stock awarded to a director; standard governance alignment, no immediate transferability.

The grant structure—restricted stock vesting after one year—follows common governance practice to retain executives/directors and align incentives with long-term performance. The filing confirms individual, not joint, reporting and shows no sales or derivative exercises that might raise liquidity or dilution concerns. This disclosure is consistent with routine compensation and compliance with Section 16 reporting requirements.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Griffiths Jose-Marie

(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	61,030	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. Restricted Stock that vests one year from grant date.

Remarks:

	Jose-Marie Griffiths	09/16/2025
	** 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 did Jose-Marie Griffiths report on the Form 4 for DAKT?

The Form 4 reports a purchase of 3,535 common shares at $24.04 per share on 09/15/2025, bringing direct beneficial ownership to 61,030 shares.

Are the shares acquired by the director immediately transferable?

No. The filing notes these are restricted stock that vests one year from the grant date, so they are not immediately transferable.

Was this a derivative or non-derivative transaction?

This was a non-derivative transaction (common stock acquisition); the Form 4 shows no derivative securities activity.

Did the filing indicate joint ownership or multiple reporting persons?

No. The form is filed by one reporting person, Jose-Marie Griffiths, as an individual director.

Does the Form 4 disclose why the shares were granted?

The Form 4 states the shares are restricted stock with a one-year vesting period but does not provide additional reasons for the grant.