Daktronics grants director Glat 6,594 shares

Daktronics director Neil Glat received a restricted stock grant that will vest in 2027, increasing his direct ownership stake.

Rhea-AI Filing Summary

DAKTRONICS INC (symbol: DAKT) is the issuer of record for a Form 4 filing submitted to the SEC. Glat Neil reported acquisition or exercise transactions in this Form 4 filing.

DAKTRONICS INC (DAKT) reported that director Neil Glat received an annual equity compensation grant of 6,594 shares of Common Stock on September 17, 2026 under the Daktronics, Inc. 2025 Stock Incentive Plan. The restricted stock award vests on August 23, 2027 and is subject to forfeiture provisions, bringing his direct holdings to 10,129 shares.

Insider Trade Summary

Grant/Award: 6,594 shares

Grant/Award 1 txn

Insider Glat Neil

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	6,594	$0.00	$0.00

Holdings After Transaction: Common Stock — 10,129 shares (Direct)

Footnotes (1)

1. F1. Represents annual equity compensation in the form of a grant of restricted stock made under the Daktronics, Inc. 2025 Stock Incentive Plan. The award vests on August 23, 2027 and is subject to certain forfeiture provisions.

Key Figures

Restricted stock granted: 6,594 shares Shares held after transaction: 10,129 shares Grant price per share: $0.00 per share +1 more

4 metrics

Restricted stock granted 6,594 shares Annual equity compensation grant on September 17, 2026

Shares held after transaction 10,129 shares Direct ownership by Neil Glat following the grant

Grant price per share $0.00 per share Reported for the restricted stock compensation award

Vesting date August 23, 2027 Vesting date of the restricted stock award, subject to forfeiture

Key Terms

restricted stock, Stock Incentive Plan, forfeiture provisions

3 terms

restricted stock financial

"Represents annual equity compensation in the form of a grant of restricted stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Stock Incentive Plan financial

"made under the Daktronics, Inc. 2025 Stock Incentive Plan"

A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.

forfeiture provisions financial

"The award vests on August 23, 2027 and is subject to certain forfeiture provisions"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Daktronics (DAKT) disclose for director Neil Glat?

Daktronics disclosed that director Neil Glat received an annual equity compensation grant of 6,594 shares of Common Stock on September 17, 2026, issued as restricted stock under the Daktronics, Inc. 2025 Stock Incentive Plan.

How many Daktronics (DAKT) shares does Neil Glat hold after this Form 4 transaction?

After the reported grant, Neil Glat directly holds 10,129 shares of Daktronics Common Stock. This total reflects the addition of 6,594 restricted shares from his annual equity compensation award.

When do the newly granted Daktronics (DAKT) restricted shares to Neil Glat vest?

The restricted stock award to Neil Glat vests on August 23, 2027. Until vesting, the shares are subject to certain forfeiture provisions as described in the grant’s terms under the Daktronics, Inc. 2025 Stock Incentive Plan.

Was the Daktronics (DAKT) equity grant to Neil Glat a market purchase or a compensation award?

The transaction was a compensation award, not a market purchase. It is described as an annual equity compensation grant of restricted stock made under the Daktronics, Inc. 2025 Stock Incentive Plan at a reported price of $0.00 per share.

Is Neil Glat’s Daktronics (DAKT) restricted stock grant subject to forfeiture?

Yes. The filing states the award is subject to certain forfeiture provisions. The 6,594 restricted shares vest on August 23, 2027, and forfeiture conditions apply until those vesting requirements are met.

Was the Daktronics (DAKT) equity grant to Neil Glat made under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan. The grant is reported simply as annual equity compensation under the Daktronics, Inc. 2025 Stock Incentive Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/21/2026 - 04:25 PM Accepted by SEC EDGAR 09/21/2026 - 04:23 PM Learn about SEC filing dates

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^*

Glat Neil

(Last) (First) (Middle)

201 DAKTRONICS DRIVE

(Street)

BROOKINGS SOUTH DAKOTA 57006

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/17/2026		A(1)		6,594(1)	A	$0	10,129	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. Represents annual equity compensation in the form of a grant of restricted stock made under the Daktronics, Inc. 2025 Stock Incentive Plan. The award vests on August 23, 2027 and is subject to certain forfeiture provisions.

Remarks:

	/s/ Neil D. Glat, by Leah Kassalen, attorney-in-fact, pursuant to a POA filed herewith	09/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)