Daktronics (DAKT) VP adds 98 shares through employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Daktronics VP of Design & Development Brett David Wendler acquired 98 shares of Daktronics common stock at $15.97 per share on an open-market purchase coded “P.” A footnote states the 98 shares were purchased under the Daktronics Employee Stock Purchase Plan for the period ended April 30, 2026.
After this transaction, Wendler directly holds 44,520 common shares and indirectly holds 16,918 common shares through a 401(k) account. This filing reflects a small, routine net purchase of company stock by an executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 98 shares ($1,565)
Net Buy
2 txns
Insider
Wendler Brett David
Role
VP of Design & Development
Bought
98 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 98 | $15.97 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,520 shares (Direct, null);
Common Stock — 16,918 shares (Indirect, by 401k)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 98 shares
Purchase price: $15.97 per share
Direct holdings after transaction: 44,520 shares
+1 more
4 metrics
Shares purchased
98 shares
Employee Stock Purchase Plan period ended April 30, 2026
Purchase price
$15.97 per share
Common Stock acquired in transaction coded “P”
Direct holdings after transaction
44,520 shares
Common Stock directly owned following April 30, 2026 transaction
Indirect 401(k) holdings
16,918 shares
Common Stock held indirectly by 401(k) as of April 30, 2026
Key Terms
Employee Stock Purchase Plan, 401k, open-market purchase
3 terms
Employee Stock Purchase Plan financial
"98 shares purchased under the Daktronics, Inc. Employee Stock Purchase Plan for the period ended April 30, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401k financial
"indirectly holds 16,918 common shares through a 401(k) account."
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
open-market purchase financial
"transaction_action is described as an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
What did Daktronics (DAKT) executive Brett Wendler report in this Form 4?
Brett Wendler reported buying 98 shares of Daktronics common stock at $15.97 per share. The shares were acquired under the Daktronics Employee Stock Purchase Plan for the period ended April 30, 2026, and increase his direct ownership stake.
How significant is Brett Wendler’s Daktronics (DAKT) stock purchase?
The purchase of 98 shares at $15.97 is relatively small compared with his total direct holding of 44,520 shares. This suggests a routine, incremental addition tied to the Employee Stock Purchase Plan rather than a large, directional bet on the stock.
What indirect Daktronics (DAKT) holdings does Brett Wendler report?
Brett Wendler reports indirect ownership of 16,918 Daktronics common shares held “by 401k.” These shares are associated with a retirement plan account, separate from the 44,520 shares he holds directly, and are disclosed as indirect beneficial ownership in the filing.