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

Rhea-AI Filing Summary

Insider acquisition reported: Shereta D. Williams, a director of Daktronics, acquired 3,535 shares of the company's common stock on 09/15/2025 at a price of $24.04 per share. After the transaction, Williams beneficially owns 47,040 shares. The reported shares are restricted stock that will vest one year from the grant date. The Form 4 was signed on 09/16/2025 and indicates the filing was made by one reporting person.

Positive

• Director acquisition reported: 3,535 shares were acquired, increasing insider ownership to 47,040 shares.
• Restricted shares vesting in one year aligns the director's interests with longer-term company performance.

Negative

• None.

Insights

Financial Analyst

TL;DR: A director received restricted stock, modest insider acquisition with limited immediate market impact.

The reported grant of 3,535 restricted shares at $24.04 increases the director's ownership to 47,040 shares. As restricted stock, the award carries vesting conditions (one year) which aligns management incentives with longer-term performance rather than immediate trading. The cash-equivalent value of the grant at the transaction price is approximately $85,000, which is not large relative to most public company market caps; therefore the transaction is notable for corporate governance signaling but unlikely to materially move market valuation alone.

Corporate Governance Expert

TL;DR: Vesting-restricted grant suggests incentive alignment; no red flags in filing.

The Form 4 discloses a standard restricted stock grant to a director that vests one year from grant. The filing shows direct ownership and includes required signature and dates. There are no indications of discounted pricing, option exercises, or related-party unusual terms disclosed. From a governance perspective, this is routine compensation reporting and consistent with retention or alignment practices.

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).

1. Name and Address of Reporting Person^*

Williams Shereta Diana

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		A		3,535(1)	A	$24.04	47,040	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. Restricted Stock that vests one year from grant date.

Remarks:

	Shereta D. Williams	09/16/2025
	** 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 shares did Shereta D. Williams acquire in the DAKT Form 4?

The Form 4 reports the acquisition of 3,535 shares of common stock on 09/15/2025 at $24.04 per share.

How many Daktronics (DAKT) shares does Shereta D. Williams own after the transaction?

After the reported transaction, Williams beneficially owns 47,040 shares.

Are the shares acquired by the director immediately tradable?

No. The filing states these are restricted stock that vests one year from the grant date, so they are subject to vesting conditions.

When was the Form 4 for DAKT signed and filed?

The signature on the Form 4 is dated 09/16/2025, reporting the 09/15/2025 transaction date.

Does the Form 4 indicate any joint filing or multiple reporting persons?

The filing indicates Form filed by One Reporting Person (not a joint filing).