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

Rhea-AI Filing Summary

Andrew D. Siegel, a director of Daktronics, acquired 3,535 restricted shares on 09/15/2025 at $24.04 per share. After the transaction he beneficially owns 46,981 shares directly and 163,345 shares indirectly through Prairieland Holdco, LLC. The restricted stock vests one year from the grant date. The filing states Mr. Siegel is the sole member and president of the manager of Prairieland Holdco, LLC, which explains the indirect ownership. This Form 4 reports an insider purchase and provides the vesting condition for the newly acquired shares.

Positive

• Insider alignment: Director received restricted stock that vests in one year, aligning interests with shareholders over the vesting period
• Clear disclosure: Form 4 specifies direct and indirect holdings and the reporting person’s role in Prairieland Holdco, LLC

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchased a small block of restricted stock, increasing direct ownership modestly; routine insider acquisition.

The reported acquisition of 3,535 restricted shares at $24.04 is a routine insider purchase and results in a moderate direct stake of 46,981 shares. The transaction is equity-based compensation with a one-year vesting condition, not an open-market buy. This limits immediate liquidity impact but aligns the director's interests with shareholders over the vesting period. Given the magnitude relative to total reported holdings, the transaction appears immaterial to firm capitalization but is a standard governance signal.

Corporate Governance Expert

TL;DR: Filing discloses standard restricted stock grant and clarifies indirect ownership via an affiliated LLC.

The Form 4 appropriately discloses the director's direct and indirect beneficial ownership and the nature of the restricted grant that vests in one year. The filing also clarifies the reporter's control role over Prairieland Holdco, LLC, satisfying disclosure norms for related-party indirect holdings. No unusual terms, accelerated vesting, or derivative instruments are reported.

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^*

Siegel Andrew David

(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	46,981	D
Common Stock								163,345	I	By Prairieland Holdco, LLC(2)

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.

2. The Reporting Person is the sole member and president of the manager of Prairieland Holdco, LLC.

Remarks:

	/s/ Andrew Siegel	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 transaction did Andrew Siegel report on the DAKT Form 4?

The report discloses an acquisition of 3,535 restricted shares on 09/15/2025 at a price of $24.04 per share.

How many Daktronics shares does Andrew Siegel beneficially own after the transaction?

He beneficially owns 46,981 shares directly and 163,345 shares indirectly through Prairieland Holdco, LLC.

When do the newly acquired restricted shares vest?

The restricted stock vests one year from the grant date (per the form’s explanation).

What is the relationship between Andrew Siegel and Prairieland Holdco, LLC?

The filing states he is the sole member and president of the manager of Prairieland Holdco, LLC, explaining the indirect ownership.

Was the acquisition an open-market purchase or restricted stock grant?

The filing identifies the shares as restricted stock with a one-year vesting condition, not an immediate open-market purchase.