Reece A. Kurtenbach - 05 Mar 2025 Form 4 Insider Report for DAKTRONICS INC /SD/ (DAKT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Mar 2025, 18:09:54 UTC
Prior SEC filing
13 Dec 2024
Next SEC filing
02 Jul 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Reece A. Kurtenbach

Key filing fact

Reece A. Kurtenbach filed Form 4 for DAKTRONICS INC /SD/ (DAKT) on 07 Mar 2025.

Key facts

  • This page summarizes Reece A. Kurtenbach's Form 4 filing for DAKTRONICS INC /SD/ (DAKT).
  • 6 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 07 Mar 2025, 18:09.

Change

  • Previous filing in this sequence was filed on 13 Dec 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DAKT transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+4,186
Change %
+0.8%
Price
$0.000000
Shares after
530,267
Date
05 Mar 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DAKT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,080
Change %
-26%
Price
$0.000000
Shares after
3,106
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,080
Exercise price
$0.000000
Footnotes
F1
DAKT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,080
Change %
-35%
Price
$0.000000
Shares after
2,026
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,080
Exercise price
$0.000000
Footnotes
F2
DAKT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,080
Change %
-53%
Price
$0.000000
Shares after
946
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,080
Exercise price
$0.000000
Footnotes
F3
DAKT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-492
Change %
-52%
Price
$0.000000
Shares after
454
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
492
Exercise price
$0.000000
Footnotes
F4
DAKT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-454
Change %
-100%
Price
$0.000000
Shares after
0
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
454
Exercise price
$0.000000
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

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