Daktronics (DAKT) CDAO Sheila Mae Anderson Receives RSU Award

What Happened
Sheila Mae Anderson, CDAO of Daktronics, was granted 6,978 restricted stock units (RSUs) on July 14, 2026. The award was recorded at $0 per unit (typical for RSU grants); these are derivative awards that convert to one share per RSU upon vesting. This transaction is an equity compensation grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: July 14, 2026; Form 4 filed July 16, 2026 (timely filing).
• Award: 6,978 RSUs granted under the Daktronics, Inc. 2025 Stock Incentive Plan; grant price $0.00 (derivative award).
• Shares/derivatives owned after transaction: 27,702 unvested RSUs (aggregate of prior unvested grants and this grant).
• Notable footnotes:
  • F1: Each RSU represents a contingent right to one share of common stock upon vesting.
  • F2: These RSUs vest in four equal annual installments beginning August 23, 2027, subject to vesting/forfeiture terms.
  • F3: Breakdown of unvested RSUs after grant: 500 (9/2/2021), 1,000 (9/8/2022), 738 (9/11/2023), 908 (9/9/2024), 9,306 (3/5/2025), 8,272 (7/28/2025), and 6,978 (7/14/2026).

Context
RSU grants are a form of compensation and do not represent an immediate cash investment or sale; they vest over time and only convert into shares if vesting conditions are met. Such awards are routine for executives and typically reflect retention/compensation policy rather than a direct market signal to buy or sell company stock.