Anderson Sheila Mae 4

What Happened

• Sheila Mae Anderson, Chief Data & Analytics Officer (CDAO) of Daktronics, had 4,653 restricted stock units (RSUs convert/vest) on March 5, 2026. The RSUs were converted into shares (transaction code M). To cover tax withholding (transaction code F), 1,379 shares were surrendered at an implied value of $22.99 per share for a total tax withholding of $31,703. Net shares delivered to Anderson were approximately 3,274 (4,653 vested − 1,379 withheld).

Key Details

• Transaction dates: March 5, 2026; Form 4 filed March 9, 2026 (timely within the two-business-day filing requirement).
• Reported transactions: 4,653 RSUs converted/settled (M); 1,379 shares withheld for taxes at $22.99/share (F) for $31,703; an additional Form 4 line shows the RSU derivative conversion/disposition consistent with settlement.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: RSUs vest in three substantially equal installments on the first, second, and third anniversaries of March 5, 2025; vested shares are delivered as soon as practicable and vest 100% upon a change in control (per company plan footnote).

Context

• This was a routine RSU vesting and tax-withholding event, not an open-market purchase or sale. The withholding of shares to satisfy tax obligations is common and does not necessarily signal a change in the insider’s view of the company. The filing reports conversion/settlement of RSU derivatives rather than a cash purchase or market sale.