Daktronics (DAKT) CEO exercises 7,090 RSUs, settles taxes in shares
Rhea-AI Filing Summary
DAKTRONICS INC (DAKT) reported insider equity activity by President and CEO Ramesh Jayaraman. On August 23, 2026, he exercised 7,090 Restricted Stock Units, converting them into an equal number of Daktronics common shares. This reduced his RSU derivative position and increased his directly held common stock.
Of the shares received, 1,726 common shares at $19.00 per share were withheld to satisfy tax withholding obligations related to the RSU vesting. Following the transaction, Jayaraman held 21,267 RSUs directly. The transactions were not reported as part of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,364 shares
Net Buy
3 txns
Insider
Jayaraman Ramesh
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 7,090 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 7,090 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,726 | $19.00 | $33K |
Holdings After Transaction:
Restricted Stock Units — 21,267 shares (Direct);
Common Stock — 5,364 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Daktronics, Inc. common stock.
- F2. Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of RSUs previously granted to the Reporting Person.
- F3. Represents RSUs granted on 12/15/2025 under the Daktronics, Inc. 2025 Stock Incentive Plan. The RSUs vest in four equal installments beginning August 23, 2026, subject to certain vesting, forfeiture, and terminative provisions.
Key Figures
RSUs exercised: 7,090 Restricted Stock Units
Shares withheld for taxes: 1,726 common shares
Withholding share value: $19.00 per share
+3 more
6 metrics
RSUs exercised
7,090 Restricted Stock Units
Exercised and converted into common stock on August 23, 2026
Shares withheld for taxes
1,726 common shares
Withheld to satisfy tax withholding obligations upon RSU vesting
Withholding share value
$19.00 per share
Value used for 1,726 common shares withheld for tax obligations
RSUs held after transaction
21,267 Restricted Stock Units
Direct RSU holdings of the CEO following the reported transactions
RSU grant date
December 15, 2025
Grant date of RSUs under the Daktronics, Inc. 2025 Stock Incentive Plan
RSU vesting start date
August 23, 2026
First vesting date for RSUs in four equal installments
Key Terms
Restricted Stock Units, contingent right, tax withholding obligations, Daktronics, Inc. 2025 Stock Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the contingent right to receive"
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.
contingent right financial
"represents the contingent right to receive one share of Daktronics, Inc."
tax withholding obligations financial
"shares deemed withheld to satisfy tax withholding obligations upon vesting"
Daktronics, Inc. 2025 Stock Incentive Plan financial
"Represents RSUs granted on 12/15/2025 under the Daktronics, Inc. 2025"
Form 4 regulatory
"insider transaction did DAKT President and CEO Ramesh Jayaraman report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did DAKT President and CEO Ramesh Jayaraman report?
Ramesh Jayaraman reported exercising 7,090 Restricted Stock Units on August 23, 2026, receiving an equal number of Daktronics common shares and reducing his RSU derivative position while increasing his directly held common stock.
How many Restricted Stock Units does the DAKT CEO hold after this transaction?
After the reported RSU exercise and related adjustments, President and CEO Ramesh Jayaraman directly held 21,267 Restricted Stock Units, each representing the contingent right to receive one share of Daktronics common stock.
Were the DAKT insider transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox was not marked, so the reported transactions by President and CEO Ramesh Jayaraman were not affirmatively identified as being made under a Rule 10b5-1 trading plan.
What is the relationship between each DAKT RSU and common stock in this filing?
Each Restricted Stock Unit (RSU) held by President and CEO Ramesh Jayaraman represents the contingent right to receive one share of Daktronics, Inc. common stock, as stated in the filing’s description of the RSUs.
What plan governed the RSUs involved in the DAKT Form 4 transaction?
The RSUs referenced in the filing were granted on December 15, 2025 under the Daktronics, Inc. 2025 Stock Incentive Plan and vest in four equal installments beginning August 23, 2026, subject to specified vesting, forfeiture, and termination provisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
