Daktronics VP Brett David Wendler buys 206 shares

Q: How was the DAKT employee stock purchase price determined?

The purchase price was 85% of the lower of Daktronics common stock’s fair market value on the offering period’s last trading day or on the last trading day before that period.

The plan price was set at 85% of the lower of two fair-market-value measurements.

Available on EDGAR 11/04/2026 - 05:05 PM EST Accepted by SEC EDGAR 11/04/2026 - 05:05 PM EST

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Rhea-AI Filing Summary

Daktronics VP of Design & Development Brett David Wendler purchased 206 common shares on October 31, 2026, through the company’s Employee Stock Purchase Plan at $16.03 per share. His direct holdings after the purchase were 47,385 shares; he also reported 16,918 shares held indirectly through a 401(k). The plan price equaled 85% of the lower of the stock’s fair market value on the offering period’s last trading day or on the last trading day before that period.

Insider Trade Summary

Net Buyer: 206 shares

Net Buy 1 txn

Insider Wendler Brett David

Role VP of Design & Development

Bought 206 shs ($3K)

Type	Security	Shares	Price	Value
Purchase	Common Stock ^F1	206	$16.03	$3K
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 47,385 shares (Direct); Common Stock — 16,918 shares (Indirect, by 401k)

Footnotes (1)

F1. Represents shares of Daktronics, Inc. (the "Company") common stock purchased under the Company's Employee Stock Purchase Plan (the "Plan") for the offering period ended October 31, 2026 at a purchase price equal to 85% of the lower of the fair market value of the Company's common stock on the last trading day in such offering period or the fair market value of the Company's common stock on the last trading day before such offering period, in accordance with the terms of the Plan.

Key Figures

Shares purchased: 206 shares Purchase price: $16.03 per share Direct holdings after purchase: 47,385 shares +2 more

5 metrics

Shares purchased 206 shares October 31, 2026; Employee Stock Purchase Plan

Purchase price $16.03 per share October 31, 2026

Direct holdings after purchase 47,385 shares October 31, 2026

Indirect 401(k) holdings 16,918 shares October 31, 2026

Employee Stock Purchase Plan pricing 85% Of the lower of the two fair market value measurements specified by the plan

Key Terms

Employee Stock Purchase Plan, offering period, fair market value

3 terms

Employee Stock Purchase Plan financial

"purchased under the Company's Employee Stock Purchase Plan"

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.

offering period financial

"for the offering period ended October 31, 2026"

fair market value financial

"the fair market value of the Company's common stock"

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

FAQ

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

How many DAKT shares did Brett David Wendler purchase?

Brett David Wendler, Daktronics’ VP of Design & Development, purchased 206 common shares on October 31, 2026, at $16.03 per share through the company’s Employee Stock Purchase Plan.

How was the DAKT employee stock purchase price determined?

The purchase price was 85% of the lower of Daktronics common stock’s fair market value on the offering period’s last trading day or on the last trading day before that period.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Wendler Brett David

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP of Design & Development

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/31/2026		P	V	206⁽¹⁾	A	$16.03	47,385	D
Common Stock								16,918	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of Daktronics, Inc. (the "Company") common stock purchased under the Company's Employee Stock Purchase Plan (the "Plan") for the offering period ended October 31, 2026 at a purchase price equal to 85% of the lower of the fair market value of the Company's common stock on the last trading day in such offering period or the fair market value of the Company's common stock on the last trading day before such offering period, in accordance with the terms of the Plan.

Remarks:

	/s/ Brett D. Wendler, by Leah Kassalen, attorney-in-fact, pursuant to a POA filed herewith	11/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR