Daktronics (DAKT) director reports 1,800-share stock gift Form 4 filing
Rhea-AI Filing Summary
Daktronics director Reece A. Kurtenbach reported receiving a gift of 1,800 shares of Daktronics Inc. common stock on December 23, 2025, recorded as a Form 4 transaction with code G. The shares were gifted at a reported price of $0.00 per share, with a footnote noting that 900 shares had a cost basis of $1.01 per share and 900 shares had a cost basis of $0.15 per share for the donor. Following this transaction, Kurtenbach beneficially owns 589,746 shares directly and an additional 17,400 shares indirectly through his spouse.
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FAQ
What insider transaction did Daktronics (DAKT) report in this Form 4?
The filing reports that director Reece A. Kurtenbach received a gift of 1,800 shares of Daktronics Inc. common stock on December 23, 2025, coded as transaction type G for a gift.
At what price were the 1,800 gifted Daktronics (DAKT) shares reported?
The 1,800 gifted shares of Daktronics common stock were reported at a transaction price of $0.00 per share, consistent with a non-cash gift.
How many Daktronics (DAKT) shares does Reece A. Kurtenbach own after this transaction?
After the reported gift, Reece A. Kurtenbach beneficially owns 589,746 shares of Daktronics common stock directly and 17,400 shares indirectly, held by his spouse.
What does the Form 4 footnote say about the cost basis of the gifted Daktronics (DAKT) shares?
The footnote explains that of the 1,800 gifted shares, 900 shares had a cost basis of $1.01 per share and the remaining 900 shares had a cost basis of $0.15 per share for the donor.
What is Reece A. Kurtenbach’s relationship to Daktronics (DAKT)?
Reece A. Kurtenbach is listed in the filing as a director of Daktronics Inc., with the Form 4 indicating his role but not any officer title or 10% owner status.
How are the indirect Daktronics (DAKT) holdings reported in this Form 4?
The Form 4 shows an indirect holding of 17,400 shares of Daktronics common stock, with the nature of indirect beneficial ownership described as By Spouse.