Wendler Brett David 4

What Happened

• Brett David Wendler, VP of Design & Development at Daktronics, was granted 7,076 restricted stock units (RSUs) on July 14, 2026. The reported grant is a derivative award (transaction code A) with $0 cash paid at grant; the filing lists the award value as $0 for reporting purposes.
• These 7,076 RSUs were granted under the Daktronics, Inc. 2025 Stock Incentive Plan and vest in four equal annual installments beginning August 23, 2027, subject to standard vesting, forfeiture, and termination provisions. Following this grant, the filer reports beneficial ownership of 27,026 unvested RSUs in total.

Key Details

• Transaction date: July 14, 2026; Form 4 filed July 16, 2026.
• Transaction type/code: Award/Grant (A) — restricted stock units (derivative securities).
• Shares granted: 7,076 RSUs; $0 cash paid at grant (report shows $0).
• Shares/derivatives owned after transaction: 27,026 unvested RSUs (aggregate of prior grants plus this grant).
• Vesting: the July 14, 2026 grant vests in four equal annual installments starting Aug 23, 2027; other RSUs vest at varying times per prior award agreements.
• Notable footnotes: F1 clarifies each RSU equals a contingent right to one share; F2 identifies the 2025 Stock Incentive Plan and the four-year vest; F3 lists the breakdown of previously granted unvested RSUs.

Context

• RSUs are a form of equity compensation that convert to common shares only if and when they vest; they are not an open‑market purchase or sale and therefore do not directly signal immediate buying or selling activity. This filing documents a routine grant to an executive and increases the number of unvested shares Wendler controls pending future vesting.