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Daktronics, Inc. is asking shareholders to vote at its September 3, 2025 annual meeting on four proposals: elect four directors, approve an advisory vote on executive compensation, ratify Deloitte & Touche as auditor, and approve a new 2025 Stock Incentive Plan. As of the record date of July 16, 2025, 49,120,799 shares were outstanding and 800 stockholders of record were eligible to vote. The Board recommends a vote FOR all proposals.

The proxy shows governance changes driven by cooperation agreements: the Board increased its size from nine to ten directors and nominated two new directors, and Alta Fox (beneficially owning 4,973,599 shares or 9.9%) has a cooperation agreement that includes a standstill, voting commitments, and a renomination covenant that affected one incumbent director鈥檚 renomination. The 2025 Plan would reserve 2,300,000 new shares plus 1,381,079 rolled from the 2020 Plan. The Company also reports conversion and payments on a previously issued convertible note totaling principal conversion of $25.0 million and related interest activity disclosed in the proxy.

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鈥檚 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鈥檚 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 鈮�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鈥� 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 鈥淎鈥� 鈥� 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鈥搒hareholder alignment by tying a portion of compensation to future share performance. Overall impact on valuation is minimal.