(DAKT)

Reporting relationship: Director
Issuer ticker: DAKT
Reported as of: 21 Mar 2025
Net transaction value: -$680,213
SEC form: 4
Accepted by SEC: 25 Mar 2025, 16:46:05 UTC
Prior SEC filing: 02 Jul 2025
Next SEC filing: 09 Jun 2025
Source filing: View source filing
Reporting owner signature: Reece A. Kurtenbach

Key filing fact

Reece A. Kurtenbach filed Form 4 for DAKTRONICS INC /SD/ (DAKT) on 25 Mar 2025.

Key facts

This page summarizes Reece A. Kurtenbach's Form 4 filing for DAKTRONICS INC /SD/ (DAKT).
33 reported transactions and 16 derivative rows are listed below.
Accepted by SEC: 25 Mar 2025, 16:46.

Change

Previous filing in this sequence was filed on 02 Jul 2025.
Current net transaction value: -$680,213.

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: $86,130
Shares: +9,000
Change %: +1.7%
Price: $9.57
Shares after: 539,267
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $57,420
Shares: +6,000
Change %: +1.1%
Price: $9.57
Shares after: 545,267
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $92,496
Shares: +9,605
Change %: +1.8%
Price: $9.63
Shares after: 554,872
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $51,954
Shares: +5,395
Change %: +0.97%
Price: $9.63
Shares after: 560,267
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $80,289
Shares: +10,254
Change %: +1.8%
Price: $7.83
Shares after: 570,521
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $25,416
Shares: +3,246
Change %: +0.57%
Price: $7.83
Shares after: 573,767
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $80,676
Shares: +10,800
Change %: +1.9%
Price: $7.47
Shares after: 584,567
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $20,169
Shares: +2,700
Change %: +0.46%
Price: $7.47
Shares after: 587,267
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $89,865
Shares: +21,865
Change %: +3.7%
Price: $4.11
Shares after: 609,132
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $21,105
Shares: +5,135
Change %: +0.84%
Price: $4.11
Shares after: 614,267
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $53,447
Shares: +9,443
Change %: +1.5%
Price: $5.66
Shares after: 623,710
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $7,681
Shares: +1,357
Change %: +0.22%
Price: $5.66
Shares after: 625,067
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $24,462
Shares: +8,100
Change %: +1.3%
Price: $3.02
Shares after: 633,167
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $19,325
Shares: +6,399
Change %: +1%
Price: $3.02
Shares after: 639,566
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $18,026
Shares: +1,830
Change %: +0.29%
Price: $9.85
Shares after: 641,396
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Options Exercise

Transaction value: $9,923
Shares: +836
Change %: +0.13%
Price: $11.87
Shares after: 642,232
Date: 21 Mar 2025
Ownership: Direct

DAKT transaction

Common Stock

Disposed to Issuer

Transaction value: $1,418,597
Shares: -111,965
Change %: -17%
Price: $12.67
Shares after: 530,267
Date: 21 Mar 2025
Ownership: Direct
Footnotes: F1

DAKT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 17,400
Date: 21 Mar 2025
Ownership: By Spouse

DAKT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 33,479
Date: 21 Mar 2025
Ownership: by 401(k)
Footnotes: F2

Reported derivative securities

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

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -9,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,000
Exercise price: $9.57
Footnotes: F3

DAKT transaction Derivative

Non-Qualified Stock Option

Options Exercise

Transaction value: $0
Shares: -6,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $9.57
Footnotes: F4

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -9,605
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,605
Exercise price: $9.63
Footnotes: F5

DAKT transaction Derivative

Non-Qualified Stock Option

Options Exercise

Transaction value: $0
Shares: -5,395
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,395
Exercise price: $9.63
Footnotes: F6

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -10,254
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,254
Exercise price: $7.83
Footnotes: F7

DAKT transaction Derivative

Non-Qualified Stock Option

Options Exercise

Transaction value: $0
Shares: -3,246
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,246
Exercise price: $7.83
Footnotes: F8

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -10,800
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,800
Exercise price: $7.47
Footnotes: F9

DAKT transaction Derivative

Non-Qualified Stock Option

Options Exercise

Transaction value: $0
Shares: -2,700
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,700
Exercise price: $7.47
Footnotes: F10

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -21,865
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 21,865
Exercise price: $4.11
Footnotes: F11

DAKT transaction Derivative

Non-Qualified Stock Option

Options Exercise

Transaction value: $0
Shares: -5,135
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,135
Exercise price: $4.11
Footnotes: F12

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -9,443
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,443
Exercise price: $5.66
Footnotes: F13

DAKT transaction Derivative

Non-Qualified Stock Option

Options Exercise

Transaction value: $0
Shares: -1,357
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,357
Exercise price: $5.66
Footnotes: F14

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -8,100
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,100
Exercise price: $3.02
Footnotes: F15

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -6,399
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,399
Exercise price: $3.02
Footnotes: F15

DAKT transaction Derivative

Incentive Stock Options

Options Exercise

Transaction value: $0
Shares: -1,830
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,830
Exercise price: $9.85
Footnotes: F16

DAKT transaction Derivative

Incentive Stock Option

Options Exercise

Transaction value: $0
Shares: -836
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 21 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 836
Exercise price: $11.87
Footnotes: F17

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 17 footnotes

Footnote F1

Shares were exercised for cash. The per share price was closing price on March 20, 2025.

Footnote F2

Between January 5, 2025 and March 21, 2025, the Reporting Person disposed of 4 shares of common stock of Daktronics, Inc. (the "Issuer") under the Issuer's 401(k) Plan. The information in this Report is based on a plan statement dated as of March 21, 2025.

Footnote F3

Incentive Stock Options (the "ISOs") vest 20% each year for a total of five years - vesting schedule 08/23/2017, 08/23/2018, 08/23/2019, 08/23/2020, 08/23/2021.

Footnote F4

Non-Qualified Stock Options (the "NQs") vest 20% each year for a total of five years - vesting schedule 08/23/2017, 08/23/2018, 08/23/2019, 08/23/2020, 08/23/2021.

Footnote F5

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2018, 08/23/2019, 08/23/2020, 08/23/2021, 08/23/2022.

Footnote F6

NQs vest 20% each year for a total of five years - vesting schedule 08/23/2018, 08/23/2019, 08/23/2020, 08/23/2021, 08/23/2022.

Footnote F7

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2019, 08/23/2020, 08/23/2021, 08/23/2022, 08/23/2023.

Footnote F8

NQs vest 20% each year for a total of five years - vesting schedule 08/23/2019, 08/23/2020, 08/23/2021, 08/23/2022, 08/23/2023.

Footnote F9

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2020, 08/23/2021, 08/23/2022, 08/23/2023, 08/23/2024.

Footnote F10

NQs vest 20% each year for a total of five years - vesting schedule 08/23/2020, 08/23/2021, 08/23/2022, 08/23/2023, 08/23/2024.

Footnote F11

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2021, 08/23/2022, 08/23/2023, 08/23/2024, 08/23/2025. 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 ISOs granted as of 09/03/2020 was accelerated such that the ISOs that would have vested on 08/23/2025 vested as of the Separation Date.

Footnote F12

NQs vest 20% each year for a total of five years - vesting schedule 08/23/2021, 08/23/2022, 08/23/2023, 08/23/2024, 08/23/2025. Pursuant to the Separation Agreement, the vesting of NQs granted as of 09/03/2020 was accelerated such that the NQs that would have vested on 08/23/2025 vested as of the Separation Date.

Footnote F13

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2022, 08/23/2023, 08/23/2024, 08/23/2025, 08/23/2026. Pursuant to the Separation Agreement, the vesting of ISOs granted as of 09/02/2021 was accelerated such that the ISOs that would have vested on 08/23/2025 vested as of the Separation Date and the remaining ISOs subject to such options were forfeited.

Footnote F14

NQs vest 20% each year for a total of five years - vesting schedule 08/23/2022; 08/23/2023; 08/23/2024; 08/23/2025; 08/23/2026. Pursuant to the Separation Agreement, the vesting of NQs granted as of 09/02/2021 was accelerated such that the NQs that would have vested on 08/23/2025 vested as of the Separation Date and the remaining NQs subject to such options were forfeited.

Footnote F15

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2023, 08/23/2024, 08/23/2025, 08/23/2026, 08/23/2027. Pursuant to the Separation Agreement, the vesting of ISOs granted as of 09/08/2022 was accelerated such that the ISOs that would have vested on 08/23/2025 vested as of the Separation Date and the remaining ISOs subject to such options were forfeited.

Footnote F16

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2024, 08/23/2025, 08/23/2026, 08/23/2027, 08/23/2028. Pursuant to the Separation Agreement, the vesting of ISOs granted as of 09/11/2023 was accelerated such that the ISOs that would have vested on 08/23/2025 vested as of the Separation Date and the remaining ISOs subject to such options were forfeited.

Footnote F17

ISOs vest 20% each year for a total of five years - vesting schedule 08/23/2025, 08/23/2026, 08/23/2027, 08/23/2028, 08/23/2029. Pursuant to the Separation Agreement, the vesting of ISOs granted as of 09/09/2024 was accelerated such that the ISOs that would have vested on 08/23/2025 vested as of the Separation Date and the remaining ISOs subject to such options were forfeited.