Daktronics (DAKT) VP Kurtenbach reports 23,362-share stock gift and updated holdings

Rhea-AI Filing Summary

Daktronics VP of Manufacturing Matthew J. Kurtenbach reported receiving a gift of 23,362 shares of Daktronics common stock. The shares were received from a Grantor Retained Annuity Trust, with 11,681 shares having a cost basis of $1.27 per share and 11,681 shares having a cost basis of $0.02 per share. After this transaction, he directly held 335,264.7 shares of common stock and also had indirect holdings of 5,000 shares through a trust and 21,000 shares as custodian for three Uniform Transfers to Minors Act accounts for his children. He disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.

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

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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).

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^*

Kurtenbach Matthew John

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		G		23,362(1)	A	$0	335,264.7	D
Common Stock								5,000(2)(3)	I	By Trust(2)
Common Stock								21,000(2)(4)	I	As custodian for UTMA Accounts for minors(2)(4)

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. Gift received from Grantor Retained Annuity Trust. 11,681 shares had a cost basis of $1.27 per share, and the remaining 11,681 shares had a cost basis of $0.02 per share.

2. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), the Reporting Person disclaims beneficial ownership of any securities reported in this filing, except to the extent of his pecuniary interest therein, if any, and this Amendment shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

3. As a trustee of a trust formed for the benefit of a child of the Reporting Person (the "Trust"), the Reporting Person may be deemed to exercise voting and investment power over the shares of common stock of Daktronics, Inc. ("Common Stock") held by the Trust.

4. Represents securities held in 3 separate custodial accounts under the Uniform Transfers to Minors Act (the "UTMA"). The Reporting Person is the custodian of the UTMA accounts held for the benefit of his children.

Remarks:

	Matthew J. Kurtenbach	02/10/2026
	** 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).
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FAQ

What insider transaction did Daktronics (DAKT) report for Matthew J. Kurtenbach?

Daktronics reported that VP of Manufacturing Matthew J. Kurtenbach received a gift of 23,362 common shares. The shares came from a Grantor Retained Annuity Trust and were recorded at $0 per share in the Form 4 transaction table.

How many Daktronics (DAKT) shares does Matthew J. Kurtenbach hold after this Form 4?

After the reported transaction, Matthew J. Kurtenbach directly held 335,264.7 Daktronics common shares. He also had indirect holdings of 5,000 shares through a trust and 21,000 shares as custodian for separate UTMA accounts for his children.

What is the cost basis of the gifted Daktronics (DAKT) shares in this Form 4?

The gift included 23,362 Daktronics shares. Of these, 11,681 shares had a cost basis of $1.27 per share, and the remaining 11,681 shares had a cost basis of $0.02 per share, as disclosed in the footnotes.

How are trust-held Daktronics (DAKT) shares reported for Matthew J. Kurtenbach?

The filing reports 5,000 Daktronics shares held indirectly by a trust formed for a child, where Kurtenbach serves as trustee and may be deemed to exercise voting and investment power over those shares under Section 16 rules.

What does the UTMA disclosure mean in the Daktronics (DAKT) Form 4?

The Form 4 states that 21,000 Daktronics shares are held in three UTMA custodial accounts for Kurtenbach’s children. He is the custodian of these accounts, so the shares are reported as indirectly owned for Section 16 reporting purposes.

Does Matthew J. Kurtenbach claim full beneficial ownership of all reported Daktronics (DAKT) shares?

No. The filing states he disclaims beneficial ownership of any securities reported, except to the extent of his pecuniary interest. This disclaimer applies to trust and UTMA holdings under Section 16 of the Exchange Act.