Daktronics (NASDAQ: DAKT) exec converts 1,700 RSUs, 411 for taxes
Rhea-AI Filing Summary
Daktronics Inc (DAKT) Executive Vice President Bradley T. Wiemann reported multiple equity compensation-related transactions on August 23, 2026. He exercised or converted 1,700 Restricted Stock Units into an equal number of shares of common stock in four tranches tied to prior RSU grants under the 2020 Stock Incentive Plan. In connection with these vestings, a total of 411 common shares were delivered or withheld at $19.00 per share to satisfy tax withholding obligations. The filing does not state his total common stock holdings after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,289 shares
Net Buy
12 txns
Insider
Wiemann Bradley T
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 246 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6 | 454 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 500 | -- | -- |
| Tax Withholding | Common Stock F2 | 121 | $19.00 | $2K |
| Exercise | Common Stock F1 | 500 | -- | -- |
| Tax Withholding | Common Stock F2 | 121 | $19.00 | $2K |
| Exercise | Common Stock F1 | 246 | -- | -- |
| Tax Withholding | Common Stock F2 | 59 | $19.00 | $1K |
| Exercise | Common Stock F1 | 454 | -- | -- |
| Tax Withholding | Common Stock F2 | 110 | $19.00 | $2K |
Holdings After Transaction:
Restricted Stock Units — 2,354 shares (Direct);
Common Stock — 127,234.723 shares (Direct)
Footnotes (6)
- F1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Daktronics, Inc. common stock.
- F2. Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of RSUs previously granted to the Reporting Person.
- F3. Represents RSUs granted on 9/2/2021 under the Daktronics, Inc. 2020 Stock Incentive Plan. The RSUs vest in five equal installments beginning August 23, 2022, subject to certain vesting, forfeiture, and terminative provisions.
- F4. Represents RSUs granted on 9/8/2022 under the Daktronics, Inc. 2020 Stock Incentive Plan. The RSUs vest in five equal installments beginning August 23, 2023, subject to certain vesting, forfeiture, and terminative provisions.
- F5. Represents RSUs granted on 9/11/2023 under the Daktronics, Inc. 2020 Stock Incentive Plan. The RSUs vest in five equal installments beginning August 23, 2024, subject to certain vesting, forfeiture, and terminative provisions.
- F6. Represents RSUs granted on 9/9/2024 under the Daktronics, Inc. 2020 Stock Incentive Plan. The RSUs vest in five equal installments beginning August 23, 2025, subject to certain vesting, forfeiture, and terminative provisions.
Key Figures
RSUs exercised or converted: 1,700 shares
Tax-withholding shares: 411 shares
Tax-withholding price: $19.00 per share
+2 more
5 metrics
RSUs exercised or converted
1,700 shares
Total Restricted Stock Units converted into common stock on August 23, 2026
Tax-withholding shares
411 shares
Common shares delivered or withheld to satisfy tax withholding obligations
Tax-withholding price
$19.00 per share
Price used for shares withheld for tax obligations in code F transactions
Exercise transactions count
4
Number of derivative transactions coded M (exercise or conversion of RSUs)
Tax-withholding transactions count
4
Number of non-derivative transactions coded F for tax withholding
Key Terms
Restricted Stock Units, tax withholding obligations, 2020 Stock Incentive Plan, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares deemed withheld to satisfy tax withholding obligations upon vesting of RSUs"
2020 Stock Incentive Plan financial
"RSUs granted under the Daktronics, Inc. 2020 Stock Incentive Plan"
Exercise or conversion of derivative security financial
"transaction code "M" described as Exercise or conversion of derivative security"
FAQ
What insider transactions did DAKT Executive Vice President Bradley T. Wiemann report on August 23, 2026?
Bradley T. Wiemann reported exercising or converting 1,700 RSUs into Daktronics common stock in four tranches, and related dispositions of 411 common shares used to satisfy tax withholding obligations at $19.00 per share.
How many Daktronics (DAKT) Restricted Stock Units vested or were converted for Bradley T. Wiemann?
A total of 1,700 Restricted Stock Units were exercised or converted into 1,700 shares of Daktronics common stock on August 23, 2026, in four separate transactions of 500, 500, 246, and 454 RSUs.
Were Bradley T. Wiemann’s DAKT transactions reported as part of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not checked, and the footnotes describe the events as RSU vesting and related tax withholding, not as trades under a Rule 10b5-1 trading plan.
What RSU grant dates are associated with Bradley T. Wiemann’s Daktronics (DAKT) transactions?
Footnotes state the RSUs were granted on September 2, 2021, September 8, 2022, September 11, 2023, and September 9, 2024, each under the Daktronics, Inc. 2020 Stock Incentive Plan with vesting in five equal annual installments beginning in late August of the following year.
Do the transactions change Bradley T. Wiemann’s ownership stake in Daktronics (DAKT) in a clearly quantified way?
The Form 4 reports 1,700 RSUs converted to common stock and 411 shares withheld for taxes, but it does not state Bradley T. Wiemann’s total common stock holdings after these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
