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

Rhea-AI Filing Summary

Matthew J. Kurtenbach, VP of Manufacturing at Daktronics, reported receipt of 25,211 shares of Daktronics common stock as a gift on 08/21/2025. The Form 4 shows the shares were received at a $0 price from a grantor retained annuity trust and increased his reported beneficial ownership to 310,102.7 shares. The filing also discloses 5,000 shares held indirectly by a trust for the benefit of his child and 21,000 shares held in three UTMA custodial accounts for his children, where he serves as trustee/custodian. The filing includes a legal disclaimer that he disclaims beneficial ownership except to the extent of any pecuniary interest.

Positive

• Reported increase of 25,211 shares received as a gift, raising reported beneficial ownership to 310,102.7 shares
• Clear disclosure of indirect holdings: 5,000 shares held by a trust and 21,000 shares in three UTMA custodial accounts

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider received a material gift of 25,211 shares, modestly increasing reported stake; transaction is non-cash and disclosed under Section 16.

The Form 4 documents a non-cash acquisition of 25,211 shares via a grantor retained annuity trust, increasing reported beneficial ownership to 310,102.7 shares. This is a clear change in reported holdings but does not show an open-market purchase or sale. For investors, the transaction signals a transfer into the reporting person's ownership registry but provides no cash price signal or trading intent.

Corporate Governance Expert

TL;DR: Disclosure is standard for transfers to trusts and UTMA accounts; the reporting person disclaims broader beneficial ownership.

The filing appropriately identifies indirect holdings (5,000 shares in a trust and 21,000 shares in UTMA accounts) and states the Reporting Person's disclaimer of beneficial ownership except for pecuniary interest. The document follows Form 4 disclosure conventions for gifts and custodial accounts and includes the required explanatory notes.

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
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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).

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^*

Kurtenbach Matthew John

(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)
	VP of Manufacturing

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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	08/21/2025		G		25,211(1)	A	$0	310,102.7	D
Common Stock								5,000(2)(3)	I	By Trust(2)
Common Stock								21,000(2)(4)	I	As custodian for UTMA Accounts for minors(4)

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. Gift received from grantor retained annuity trust.

2. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), the Reporting Person disclaims beneficial ownership of any securities reported in this filing, except to the extent of his pecuniary interest therein, if any, and this Amendment shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

3. As a trustee of a trust formed for the benefit of a child of the Reporting Person (the "Trust"), the Reporting Person may be deemed to exercise voting and investment power over the shares of common stock of Daktronics, Inc. ("Common Stock") held by the Trust.

4. Represents securities held in 3 separate custodial accounts under the Uniform Transfers to Minors Act (the "UTMA"). The Reporting Person is the custodian of the UTMA accounts held for the benefit of his children.

Remarks:

	Matthew J. Kurtenbach	09/19/2025
	** 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 did the Form 4 filed for DAKT report?

The Form 4 reports that Matthew J. Kurtenbach received 25,211 shares of Daktronics common stock as a gift on 08/21/2025 and discloses related indirect holdings.

How many Daktronics shares does Kurtenbach report after the transaction?

Following the reported transaction, Kurtenbach's reported beneficial ownership is 310,102.7 shares.

Were any shares purchased on the open market at a price?

No; the 25,211 shares were received as a gift with a reported price of $0 and not bought on the open market.

What indirect holdings are disclosed in the filing?

The filing discloses 5,000 shares held by a trust for a child (trustee) and 21,000 shares held in three UTMA custodial accounts (custodian).

Does Kurtenbach claim beneficial ownership of the indirectly held shares?

The filing states he disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest.