Daktronics grants director 6,594 restricted shares

Daktronics director Lance Dean Bultena received a 6,594-share restricted stock grant that will vest in 2027 as part of his annual equity compensation.

Rhea-AI Filing Summary

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

Daktronics Inc (DAKT) reported that director Lance Dean Bultena 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. Following this grant, Bultena holds 53,634 shares of Daktronics common stock directly. No Rule 10b5-1 trading plan is reported for this award.

Insider Trade Summary

Grant/Award: 6,594 shares

Grant/Award 1 txn

Insider BULTENA LANCE DEAN

Role Director

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

Holdings After Transaction: Common Stock — 53,634 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 Grant price per share: $0.00 Shares owned after transaction: 53,634 shares +2 more

5 metrics

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

Grant price per share $0.00 Compensation grant of restricted stock, not an open-market purchase

Shares owned after transaction 53,634 shares Director Lance Dean Bultena’s direct Daktronics holdings following the grant

Vesting date of award August 23, 2027 Vesting date for the 6,594-share restricted stock award

Form type Form 4 Insider transaction report for director equity compensation at Daktronics

Key Terms

restricted stock, forfeiture provisions, Stock Incentive Plan

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.

forfeiture provisions financial

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

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.

FAQ

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

What insider transaction did Daktronics (DAKT) report for Lance Dean Bultena?

Daktronics reported that director Lance Dean Bultena received an annual equity compensation grant of 6,594 shares of common stock on September 17, 2026, in the form of restricted stock under the Daktronics, Inc. 2025 Stock Incentive Plan.

At what price was the restricted stock granted to the Daktronics (DAKT) director?

The Form 4 shows a transaction price of $0.00 per share for the 6,594-share restricted stock grant to director Lance Dean Bultena, consistent with a compensation award rather than an open-market purchase.

When does the new restricted stock award for Daktronics (DAKT) director vest?

The filing states that the restricted stock award to director Lance Dean Bultena vests on August 23, 2027 and is subject to certain forfeiture provisions under the Daktronics, Inc. 2025 Stock Incentive Plan.

How many Daktronics (DAKT) shares does Lance Dean Bultena own after this grant?

After the September 17, 2026 restricted stock grant, director Lance Dean Bultena directly owns 53,634 shares of Daktronics common stock, according to the reported holdings following the transaction.

Was the Daktronics (DAKT) director’s equity grant made under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating a trading plan, so no Rule 10b5-1 plan is reported for this restricted stock award.

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

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Available on EDGAR 09/21/2026 - 04:29 PM Accepted by SEC EDGAR 09/21/2026 - 04:28 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^*

BULTENA LANCE DEAN

(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	53,634	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/ Lance D. Bultena, 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)