DAKT Form 4: Neil Glat Reports 3,535 Restricted Stock Grant at $24.04

Rhea-AI Filing Summary

Neil D. Glat, a director of Daktronics Inc. (DAKT), reported an acquisition of 3,535 shares of common stock on 09/15/2025. The form shows the transaction was an acquisition at a reported price of $24.04 per share and that the shares are restricted stock that vests one year from the grant date. After the transaction Mr. Glat beneficially owned 3,535 shares in a direct capacity. The Form 4 was signed and dated 09/16/2025.

Positive

• Director increased direct ownership by 3,535 shares through a restricted stock grant
• Clear vesting term disclosed: restricted stock vests one year from grant date
• Transaction price provided: $24.04 per share, enabling transparent disclosure

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A director received restricted shares that vest in one year; this documents insider ownership increase.

The filing documents a restricted stock grant to a company director rather than an open-market purchase or option exercise. Restricted shares that vest after one year typically create time-based ownership that becomes nonforfeitable after the vesting period. The Form 4 records a direct beneficial ownership of 3,535 shares and a transaction price of $24.04 per share, reflecting the grant terms disclosed.

Securities Analyst

TL;DR: The reported transaction is a standard restricted stock grant with limited immediate market impact.

The report shows a single non-derivative acquisition of 3,535 common shares on 09/15/2025 at $24.04 and indicates these are restricted shares vesting one year from grant. The Form 4 records the post-transaction beneficial ownership as 3,535 shares, filed 09/16/2025. This is a disclosure of insider compensation/ownership rather than an operating or financial result.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Glat Neil

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,535	$24.04	$85K

Holdings After Transaction: Common Stock — 3,535 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

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).

1. Name and Address of Reporting Person^*

Glat Neil

(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	3,535	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:

	/s/ Neil D. Glat	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

Who filed the Form 4 for DAKT?

Neil D. Glat, a director of Daktronics Inc., signed the Form 4 dated 09/16/2025.

What transaction was reported on the DAKT Form 4?

A non-derivative acquisition of 3,535 shares of common stock on 09/15/2025 at a reported price of $24.04 per share.

Are the shares subject to vesting?

Yes. The filing states these are restricted stock that vests one year from the grant date.

How many shares did the reporting person own after the transaction?

The Form 4 reports 3,535 shares beneficially owned following the transaction, held directly.

When was the transaction and when was the Form 4 filed?

The transaction date is 09/15/2025 and the Form 4 bears the signature date 09/16/2025.