Form 4 for DAKT DAKTRONICS INC /SD/
Accepted 2025-03-07 00:00:00 ET · period of report 2025-03-05 · accession 0000915779-25-000073 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-07 | 2025-03-05 | DAKT | Kurtenbach Reece A | Dir | M - OptEx | $0.00 | +4,186 | 530.3K | +0.8% | $0 |
| DM | 2025-03-07 | 2025-03-05 | DAKT | Kurtenbach Reece A | Dir | M - OptEx | $0.00 | -4,186 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-05 | M | A | 4,186 | $0.00 | 530,267 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2025-03-05 | M | D | 1,080 | $0.00 | 3,106 | D | $0.00 · — to — | 1,080 Common Stock | (F1) Pursuant to the Separation and Release Agreement (the "Separation Agreement") entered into by and between Daktronics, Inc. and Reece Kurtenbach on 03/05/2025 (such date, the "Separation Date"), the vesting of Restricted Stock Units granted on 09/03/2020 was accelerated such that the Restricted Stock Units that would have vested on 08/23/2025 vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting. |
| 3 | Derivative | Restricted Stock Units | 2025-03-05 | M | D | 1,080 | $0.00 | 2,026 | D | $0.00 · — to — | 1,080 Common Stock | (F2) Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 09/02/2021 was partially accelerated such that the Restricted Stock Units that would have vested on 08/23/2025 vested as of the Separation Date and the remaining Restricted Stock Units subject to such award were forfeited. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting. |
| 4 | Derivative | Restricted Stock Units | 2025-03-05 | M | D | 1,080 | $0.00 | 946 | D | $0.00 · — to — | 1,080 Common Stock | (F3) Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 09/08/2022 was partially accelerated such that the Restricted Stock Units that would have vested on 08/23/2025 vested as of the Separation Date and the remaining Restricted Stock Units subject to such award were forfeited. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting. |
| 5 | Derivative | Restricted Stock Units | 2025-03-05 | M | D | 492 | $0.00 | 454 | D | $0.00 · — to — | 492 Common Stock | (F4) Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 09/11/2023 was partially accelerated such that the Restricted Stock Units that would have vested on 08/23/2025 vested as of the Separation Date and the remaining Restricted Stock Units subject to such award were forfeited. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting. |
| 6 | Derivative | Restricted Stock Units | 2025-03-05 | M | D | 454 | $0.00 | 0 | D | $0.00 · — to — | 454 Common Stock | (F5) Pursuant to the Separation Agreement, the vesting of Restricted Stock Units granted on 09/09/2024 was partially accelerated such that the Restricted Stock Units that would have vested on 08/23/2025 vested as of the Separation Date and the remaining Restricted Stock Units subject to such award were forfeited. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting. |