STOCK TITAN

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

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Reece A. Kurtenbach, a director of Daktronics, reported receiving 25,211 shares of Daktronics common stock as a gift from a grantor retained annuity trust on 08/21/2025 at a reported price of $0. After the transaction, Kurtenbach beneficially owns 587,946 shares directly. The filing also discloses 17,400 shares held indirectly by the reporting person’s spouse. The Form 4 was signed by Reece A. Kurtenbach on 09/19/2025 and indicates the acquisition was reported under transaction code G for a gift.

Reece A. Kurtenbach, dirigente di Daktronics, ha comunicato di aver ricevuto 25.211 azioni comuni di Daktronics come donazione da un grantor retained annuity trust (GRAT) il 21/08/2025, con un prezzo riportato di 0 $. Dopo la transazione, Kurtenbach detiene direttamente 587.946 azioni. La pratica segnala inoltre 17.400 azioni detenute indirettamente dal coniuge della persona che segnala. Il modulo 4 è stato firmato da Reece A. Kurtenbach il 19/09/2025 e indica che l'acquisizione è stata riportata con il codice di transazione G come regalo.

Reece A. Kurtenbach, director de Daktronics, informó haber recibido 25.211 acciones comunes de Daktronics como donación de un fideicomiso de retención de gratificaciones (GRAT) el 21/08/2025, con un precio informado de $0. Después de la operación, Kurtenbach posee beneficiosamente directamente 587.946 acciones. El expediente también divulga 17.400 acciones poseídas indirectamente por el cónyuge de la persona que reporta. El Formulario 4 fue firmado por Reece A. Kurtenbach el 19/09/2025 y indica que la adquisición fue reportada bajo el código de transacción G por regalo.

Daktronics의 이사인 Reece A. Kurtenbach은 2025년 8월 21일 GRAT(Grantor Retained Annuity Trust)로부터 Daktronics 보통주 25,211주를 증여로 받았다고 보고했습니다. 보고된 가격은 0달러입니다. 거래 후 Kurtenbach은 직접적으로 587,946주를 유익하게 소유하고 있습니다. 보고자 배우자의 간접 보유 주식도 17,400주로 명시되어 있습니다. Form 4는 2025년 9월 19일 Reece A. Kurtenbach이 서명했으며, 취득이 선물로 거래 코드 G로 보고되었다고 나타냅니다.

Reece A. Kurtenbach, administrateur de Daktronics, a déclaré avoir reçu 25 211 actions ordinaires de Daktronics en tant que dons d'un trust de type grantor retained annuity (GRAT) le 21/08/2025, à un prix déclaré de 0 $. Après la transaction, Kurtenbach détient directement 587 946 actions. Le dossier indique également 17 400 actions détenues indirectement par le conjoint de la personne déclarant. Le formulaire 4 a été signé par Reece A. Kurtenbach le 19/09/2025 et indique que l'acquisition a été déclarée sous le code de transaction G comme don.

Reece A. Kurtenbach, Direktor bei Daktronics, berichtete, am 21.08.2025 25.211 Daktronics Stammaktien als Geschenk von einem Grantor Retained Annuity Trust erhalten zu haben, zu einem angegebenen Preis von 0 $. Nach der Transaktion besitzt Kurtenbach direkt 587.946 Aktien. Die Einreichung wies außerdem darauf hin, dass 17.400 Aktien indirekt dem Ehepartner der meldenden Person gehören. Das Formular 4 wurde von Reece A. Kurtenbach am 19.09.2025 unterschrieben und gibt an, dass der Erwerb unter dem Transaktionscode G als Geschenk gemeldet wurde.

أفاد ريـس أ. كورتمبرخ، مدير في دالتكرونكس، بأنه تلقى 25,211 سهماً عادياً من داكترونيكس كـ هدية من صندوق احتياطي عائدات المانح (GRAT) في 21/08/2025 وبسعر مبلّغ عنه 0 دولار. بعد الصفقة، يمتلك كورتمبرخ مباشرةً 587,946 سهماً. كما يكشف الملف عن امتلاك 17,400 سهماً بشكل غير مباشر من قبل زوج الشخص المبلغ عنه. تم توقيع النموذج 4 من قبل ريـس أ. كورتمبرخ في 19/09/2025 ويشير إلى أن الاكتساب أُبلغ عنه تحت رمز المعاملة G كهدية.

Daktronics 的董事 Reece A. Kurtenbach 报称在 2025-08-21 通过授予者保留年金信托(GRAT)以 礼物形式获得 Daktronics 普通股 25,211 股,披露价格为 0 美元。交易后,Kurtenbach 直接受益持有 587,946 股。披露还显示,申报人配偶间接持有 17,400 股。Form 4 于 2025-09-19 由 Reece A. Kurtenbach 签署,指出该收购在交易代码 G 下以礼物形式报告。

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Director received a gift of 25,211 shares, modestly increasing direct holdings to 587,946 shares; transaction is non-cash and disclosed on Form 4.

The report documents a non-cash transfer into the reporting person's beneficial ownership via a grantor retained annuity trust. The acquisition is recorded as a gift (code G) with no purchase price, so it does not affect company liquidity or reflect market purchases by an insider. For investors, the filing updates insider ownership levels but does not signal an operational change or cash-based insider accumulation.

TL;DR: Disclosure complies with Section 16 reporting: gift recorded, ownership updated, and form signed by the reporting director.

The Form 4 shows appropriate disclosure of the date, transaction code, amount received, and resulting beneficial ownership, plus indirect holdings via spouse. The filing identifies the transaction as a gift from a grantor retained annuity trust and includes the reporting person’s manual signature. From a governance standpoint, the filing appears routine and timely in its elements shown.

Reece A. Kurtenbach, dirigente di Daktronics, ha comunicato di aver ricevuto 25.211 azioni comuni di Daktronics come donazione da un grantor retained annuity trust (GRAT) il 21/08/2025, con un prezzo riportato di 0 $. Dopo la transazione, Kurtenbach detiene direttamente 587.946 azioni. La pratica segnala inoltre 17.400 azioni detenute indirettamente dal coniuge della persona che segnala. Il modulo 4 è stato firmato da Reece A. Kurtenbach il 19/09/2025 e indica che l'acquisizione è stata riportata con il codice di transazione G come regalo.

Reece A. Kurtenbach, director de Daktronics, informó haber recibido 25.211 acciones comunes de Daktronics como donación de un fideicomiso de retención de gratificaciones (GRAT) el 21/08/2025, con un precio informado de $0. Después de la operación, Kurtenbach posee beneficiosamente directamente 587.946 acciones. El expediente también divulga 17.400 acciones poseídas indirectamente por el cónyuge de la persona que reporta. El Formulario 4 fue firmado por Reece A. Kurtenbach el 19/09/2025 y indica que la adquisición fue reportada bajo el código de transacción G por regalo.

Daktronics의 이사인 Reece A. Kurtenbach은 2025년 8월 21일 GRAT(Grantor Retained Annuity Trust)로부터 Daktronics 보통주 25,211주를 증여로 받았다고 보고했습니다. 보고된 가격은 0달러입니다. 거래 후 Kurtenbach은 직접적으로 587,946주를 유익하게 소유하고 있습니다. 보고자 배우자의 간접 보유 주식도 17,400주로 명시되어 있습니다. Form 4는 2025년 9월 19일 Reece A. Kurtenbach이 서명했으며, 취득이 선물로 거래 코드 G로 보고되었다고 나타냅니다.

Reece A. Kurtenbach, administrateur de Daktronics, a déclaré avoir reçu 25 211 actions ordinaires de Daktronics en tant que dons d'un trust de type grantor retained annuity (GRAT) le 21/08/2025, à un prix déclaré de 0 $. Après la transaction, Kurtenbach détient directement 587 946 actions. Le dossier indique également 17 400 actions détenues indirectement par le conjoint de la personne déclarant. Le formulaire 4 a été signé par Reece A. Kurtenbach le 19/09/2025 et indique que l'acquisition a été déclarée sous le code de transaction G comme don.

Reece A. Kurtenbach, Direktor bei Daktronics, berichtete, am 21.08.2025 25.211 Daktronics Stammaktien als Geschenk von einem Grantor Retained Annuity Trust erhalten zu haben, zu einem angegebenen Preis von 0 $. Nach der Transaktion besitzt Kurtenbach direkt 587.946 Aktien. Die Einreichung wies außerdem darauf hin, dass 17.400 Aktien indirekt dem Ehepartner der meldenden Person gehören. Das Formular 4 wurde von Reece A. Kurtenbach am 19.09.2025 unterschrieben und gibt an, dass der Erwerb unter dem Transaktionscode G als Geschenk gemeldet wurde.

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*
Kurtenbach Reece A

(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)
08/21/2025
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 08/21/2025 G 25,211(1) A $0 587,946 D
Common Stock 17,400 I By Spouse
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. Gift received from grantor retained annuity trust.
Remarks:
Reece A. Kurtenbach 09/19/2025
** 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.
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