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Daktronics director gets 6,594 restricted shares

Daktronics director Shereta Diana Williams received a restricted stock grant as annual equity compensation, increasing her direct holdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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

DAKTRONICS INC (DAKT) reported that director Shereta Diana Williams received an equity compensation grant of 6,594 shares of Common Stock on September 17, 2026, as an annual award of restricted stock under the Daktronics, Inc. 2025 Stock Incentive Plan. The award vests on August 23, 2027 and is subject to forfeiture provisions. Following this grant, Williams directly holds 53,634 shares of Daktronics common stock.

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Insider Williams Shereta Diana
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.
Restricted stock grant 6,594 shares Annual equity compensation granted on September 17, 2026
Holdings after transaction 53,634 shares Common Stock directly owned by Shereta Diana Williams after the grant
Grant price per share $0.00 per share Equity compensation grant of restricted stock, not a market purchase
Vesting date August 23, 2027 Restricted stock award vests on this date and is subject to forfeiture provisions
restricted stock financial
"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.
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.
forfeiture provisions financial
"The award vests on August 23, 2027 and is subject to certain forfeiture provisions"

FAQ

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

What insider transaction did DAKT disclose for Shereta Diana Williams?

DAKTRONICS INC disclosed that director Shereta Diana Williams received a grant of 6,594 shares of restricted Common Stock on September 17, 2026 as annual equity compensation under the 2025 Stock Incentive Plan.

How many DAKT shares does Shereta Diana Williams own after this grant?

After the September 17, 2026 grant, Shereta Diana Williams directly holds 53,634 shares of Daktronics common stock, according to the Form 4 filing.

What are the vesting terms of the new DAKT restricted stock award?

The 6,594-share restricted stock award to Shereta Diana Williams vests on August 23, 2027 and is subject to certain forfeiture provisions, as described in the Form 4 footnote.

Was the DAKT equity award to Shereta Diana Williams a market purchase?

No. The filing describes the transaction as a grant of restricted stock with a per-share price of $0.00, representing annual equity compensation under the Daktronics, Inc. 2025 Stock Incentive Plan.

Is the DAKT Form 4 transaction tied to a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 plan checkbox is not checked, and the footnote describes the transaction as an annual equity compensation grant, not a trading-plan sale or purchase.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Williams Shereta Diana

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/17/2026A(1)6,594(1)A$053,634D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Shereta D. Williams, by Leah Kassalen, attorney-in-fact, pursuant to a POA filed herewith09/21/2026
** Signature of Reporting PersonDate
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)

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