Sheila M. Anderson, Chief Data and Analytics Officer of Daktronics, reported option exercise and a sale of common stock. The filing shows an exercise of 7,500 incentive stock options at an exercise price of $8.51, resulting in acquisition of 7,500 common shares. The report also discloses a sale of 3,839 common shares at $16.86. In addition, Ms. Anderson is shown as indirectly beneficially owning 8,522 shares via a 401(k).
The transactions were reported on the form and reflect changes in Ms. Anderson’s direct and indirect holdings; the exercise left no derivative securities reported as beneficially owned.
Bradley T. Wiemann, identified as President and CEO of Daktronics (DAKT), reported acquiring 7,500 shares via incentive stock options on 08/07/2025 with an exercise price of $8.51 per share. The reported transaction increases his direct beneficial ownership to 93,319.964 shares.
The derivative table shows the 7,500 incentive stock options at the same $8.51 price, listed as exercisable on 09/03/2025. The filing includes a vesting note that these incentive stock options vested 20% per year over five years with vesting dates from 08/23/2016 through 08/23/2020. The report lists no derivative securities beneficially owned following the reported transaction (0) and identifies Wiemann as an officer and director.
Carla S. Gatzke, listed as Secretary and Vice President of Human Resources at Daktronics Inc (DAKT), reported exercising incentive stock options to acquire 6,870 shares on 08/07/2025 at an exercise price of $8.51 per share. After the reported transaction she beneficially owns 689,141 shares directly and 182,408 shares indirectly through a 401(k) plan.
The options are identified as Incentive Stock Options with an indicated exercisable date of 09/03/2025. The filing also states the original award vested in 20% increments annually over five years with vesting dates from 08/23/2016 through 08/23/2020.
Daktronics Inc. (DAKT) filed a Form 144 indicating an insider’s intent to sell up to 3,839 common shares through Morgan Stanley Smith Barney. At the recent reference price, the aggregate value is $64,711, implying a per-share price of roughly $16.86. The shares equal only ≈0.008% of the 49.1 million shares outstanding, so the planned sale is immaterial to the public float.
The seller acquired the stock on 08 Aug 2025 via a cash-settled stock-option exercise. No other sales have occurred during the past three months, and the filing includes the standard representation that the filer is unaware of undisclosed material adverse information. The notice sets an approximate sale date of 08 Aug 2025 on Nasdaq.
While Form 144 filings can flag insider sentiment, the modest dollar amount and minimal ownership percentage suggest negligible impact on Daktronics’ capital structure or share-price dynamics.
Vice President of Manufacturing Matthew J. Kurtenbach reported an equity award on SEC Form 4 for Daktronics (DAKT). On 07/28/2025 he received 8,391 Restricted Stock Units (code “A” – award) that convert 1-for-1 into common shares at a cost of $0. The RSUs vest 25 % per year beginning 08/23/2026, providing a four-year retention incentive.
After the grant Kurtenbach beneficially owns 28,462 RSUs. No open-market purchases or sales of common stock were disclosed, and all holdings remain direct. The filing is routine compensation and contains no financial guidance or operating metrics.
Implications: the award modestly increases potential dilution but enhances management–shareholder alignment by tying a portion of compensation to future share performance. Overall impact on valuation is minimal.
Daktronics, Inc. (DAKT) filed a Post-Effective Amendment No. 1 to its 2007 Form S-8 to deregister 4,000,000 unsold shares that had been reserved for issuance under the now-terminated 2007 Stock Incentive Plan. The company confirms that no further securities will be issued from this plan and that all remaining shares on the original registration are hereby removed.
The filing is strictly administrative: it does not alter capital structure, financial statements, or existing equity plans outside the 2007 plan. Signature blocks show interim CEO Bradley T. Wiemann and Acting CFO Howard I. Atkins, among other directors, authorizing the amendment on 24 Jul 2025.
Form 4 key takeaway: On 7 July 2025, Daktronics Inc. (DAKT) Director Reece A. Kurtenbach reported the disposition of 33,479 common shares that had been held in the company’s 401(k) plan. The filing indicates the shares were removed from the retirement account rather than sold on the open market, with no price disclosed. Following the transaction, Kurtenbach continues to beneficially own 562,735 shares directly and 17,400 shares indirectly through his spouse, maintaining a total reported stake of 613,614 shares. No derivative securities were involved, and Kurtenbach remains a director of the company. Given the small size of the disposition—about 5.6 % of his total reported holdings and immaterial relative to Daktronics’ outstanding shares—the event is unlikely to have a meaningful impact on insider ownership structure or market sentiment.