STOCK TITAN

Daktronics (DAKT) officer accelerates RSU vesting under separation deal

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

Rhea-AI Filing Summary

Daktronics officer Carla S. Gatzke, Secretary and VP of Human Resources, reported multiple equity transactions on January 31, 2026. She acquired 23,139 shares of common stock at $0 per share, bringing her directly held common stock to 771,187 shares.

Footnotes explain that, under a Separation and Release Agreement dated January 31, 2026, the vesting of several Restricted Stock Unit grants (including blocks of 500, 1,000, 738, 908, 12,561 and 7,432 units) was accelerated, with vested shares to be delivered as soon as practicable after vesting. She also held 183,867 common shares indirectly through a 401(k) plan as of that date, having acquired 491 shares in the plan between August 23, 2025 and January 31, 2026.

Positive

  • None.

Negative

  • None.
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
X
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*
GATZKE CARLA S

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Secretary and VP of Human Reso
3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026
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 01/31/2026 M 23,139 A $0 771,187 D
Common Stock 183,867(1) I by 401k
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
Restricted Stock Units $0 01/31/2026 M 500 (2) (2) Common Stock 500 $0 0 D
Restricted Stock Units $0 01/31/2026 M 1,000 (3) (3) Common Stock 1,000 $0 0 D
Restricted Stock Units $0 01/31/2026 M 738 (4) (4) Common Stock 738 $0 0 D
Restricted Stock Units $0 01/31/2026 M 908 (5) (5) Common Stock 908 $0 0 D
Restricted Stock Units $0 01/31/2026 M 12,561 (6) (6) Common Stock 12,561 $0 0 D
Restricted Stock Units $0 01/31/2026 M 7,432 (7) (7) Common Stock 7,432 $0 0 D
Explanation of Responses:
1. Between August 23, 2025 and January 31, 2026, the Reporting Person acquired 491 shares of common stock of Daktronics, Inc. (the "Issuer") under the Issuer's 401k Plan. The information in this Report is based on a plan statement dated January 31, 2026.
2. Pursuant to the Separation and Release Agreement (the "Separation Agreement") entered into by and between Daktronics, Inc. and Carla Gatzke on 01/31/2026 (such date, the "Separation Date"), the vesting of Restricted Stock Units granted on 09/02/2021 was accelerated such that the Restricted Stock Units that would have vested on 08/23/2026, vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
3. Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 09/08/2022 was accelerated such that the Restricted Stock Units that would have vested on 08/23/2026 and 08/23/2027, vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
4. Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 09/11/2023 was accelerated such that the Restricted Stock Units that would have vested on 08/23/2026, 08/23/2027, and 08/23/2028, vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
5. Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 09/09/2024 was accelerated such that the Restricted Stock Units that would have vested on 08/23/2026, 08/23/2027, 08/23/2028, and 08/23/2029, vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
6. Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 03/05/2025 was accelerated such that the Restricted Stock Units that would have vested on 03/05/2026, 03/05/2027, and 03/05/2028, vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
7. Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 07/28/2025 was accelerated such that the Restricted Stock Units that would have vested on 08/23/2026, 08/23/2027, 08/23/2028, and 08/23/2029, vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
Remarks:
Carla S. Gatzke 02/03/2026
** 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.

FAQ

What insider transactions did Daktronics (DAKT) officer Carla Gatzke report?

Carla S. Gatzke reported acquiring 23,139 shares of Daktronics common stock at $0 per share on January 31, 2026. The filing also shows accelerated vesting and conversion of several restricted stock unit grants into common shares under a Separation and Release Agreement.

How many Daktronics (DAKT) shares does Carla Gatzke own after this Form 4?

After the reported transactions, Carla S. Gatzke directly owned 771,187 shares of Daktronics common stock. She also indirectly held 183,867 additional common shares through the company’s 401(k) plan, based on a plan statement dated January 31, 2026.

What is the Separation and Release Agreement mentioned in the Daktronics (DAKT) Form 4?

The Separation and Release Agreement between Daktronics and Carla Gatzke, dated January 31, 2026, accelerated vesting of multiple restricted stock unit grants. Units that would have vested between 2026 and 2029 instead vested on the Separation Date, with shares to be delivered after vesting.

How were Carla Gatzke’s restricted stock units in Daktronics (DAKT) treated?

Several restricted stock unit grants, including blocks of 500, 1,000, 738, 908, 12,561 and 7,432 units, were reported with transaction code “M” at $0 per unit. Footnotes state their vesting was accelerated to January 31, 2026, with resulting shares delivered after vesting.

What does the Daktronics (DAKT) Form 4 say about 401(k) plan shares?

The filing notes that between August 23, 2025 and January 31, 2026, Carla S. Gatzke acquired 491 Daktronics common shares under the company’s 401(k) plan. As of January 31, 2026, she indirectly held 183,867 common shares through that plan.

What transaction code appears in the Daktronics (DAKT) Form 4 for Carla Gatzke?

The reported equity transactions use code “M,” indicating conversions or exercises, all at a price of $0 per share or unit on January 31, 2026. These include multiple restricted stock unit conversions and the acquisition of 23,139 shares of Daktronics common stock.
Daktronics Inc

NASDAQ:DAKT

DAKT Rankings

DAKT Latest News

DAKT Latest SEC Filings

DAKT Stock Data

1.16B
43.10M
10.38%
80.98%
4.06%
Electronic Components
Miscellaneous Manufacturing Industries
Link
United States
BROOKINGS