Welcome to our dedicated page for Daktronics SEC filings (Ticker: DAKT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Daktronics Inc (NASDAQ: DAKT) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Daktronics is a manufacturer of dynamic video communication displays and control systems, and its filings offer detailed insight into its business units, compensation programs, governance practices and financial performance.
Investors can review annual reports on Form 10-K for comprehensive discussions of the company’s operations, risk factors and segment information across Live Events, Commercial, High School Park and Recreation, Transportation and International. Quarterly reports on Form 10-Q update these details with interim financial data and management commentary.
Current reports on Form 8-K document material events such as executive and director changes, adoption of stock incentive plans, amendments to cooperation agreements with shareholders, executive compensation program updates, share repurchase authorizations and the release of quarterly and annual financial results. Amendments on Form 8-K/A provide corrected or supplemental information where needed.
The company’s proxy statements on Schedule DEF 14A describe board composition, director elections, executive compensation policies, stockholder meeting agendas and proposals, including the approval of the Daktronics, Inc. 2025 Stock Incentive Plan. These documents help investors understand how Daktronics structures incentives and oversees governance.
On Stock Titan, AI-powered tools summarize lengthy filings, highlight key terms and point out items such as compensation plan changes, performance metrics used in incentive awards and capital allocation decisions like stock repurchase programs. Users can quickly navigate to specific forms, including 10-K, 10-Q, 8-K and proxy materials, and use AI-generated insights to interpret the implications of Daktronics’ disclosures without reading every page in detail.
Daktronics used its Investor Day to outline a multi-year growth and margin expansion plan. The company reported $803 million in net sales and a 5.6% operating margin for the period from Q4 FY2025 to Q3 FY2026, highlighting its scale in LED display solutions.
Management is targeting 7–10% annual revenue growth, an operating margin of 10–12%, and ROIC of 17–20% by FY2028. The strategy focuses on organic growth in core markets, expansion into new verticals and international regions, greater software and services revenue, and operational excellence through automation, lean manufacturing, and strategic sourcing.
The Vanguard Group filed Amendment No. 1 to its Schedule 13G/A reporting 0 shares beneficially owned of Daktronics Inc. common stock, representing 0% of the class. The filing explains this result follows an internal realignment and disaggregation “in accordance with SEC Release No. 34-39538 (January 12, 1998)”.
The amendment states that certain Vanguard subsidiaries or business divisions will report ownership separately and that Vanguard Inc. no longer is deemed to beneficially own securities held by those entities. The filing is signed by Ashley Grim, Head of Global Fund Administration.
Daktronics Inc. chief data and analytics officer Sheila Mae Anderson exercised 4,653 Restricted Stock Units on March 5, 2026, receiving the same number of common shares at a price of $0.00 per share. Following this, 1,379 common shares were disposed of at $22.99 per share to cover tax obligations, a tax-withholding transaction rather than an open-market sale.
After these transactions, Anderson directly held 44,506.94 common shares and 20,724 Restricted Stock Units. She also indirectly held 8,522 common shares through a 401(k) plan. According to the footnote, these Restricted Stock Units vest in three substantially equal installments on the first, second, and third anniversaries of March 5, 2025, and become fully vested upon a qualifying Change in Control Termination, with vested shares delivered as soon as practicable after each vesting date.
Daktronics VP of Manufacturing Matthew John Kurtenbach exercised 4,606 Restricted Stock Units into common shares on March 5, 2026, at a stated price of $0.00 per share. To cover tax obligations, 1,365 common shares were disposed of at $22.99 per share. He now directly holds 338,505.7 common shares, plus additional indirect holdings through a child’s trust and UTMA custodial accounts. The RSUs vest in three equal installments on the first, second, and third anniversaries of March 5, 2025, and become fully vested upon a qualifying Change in Control Termination.
Daktronics reported a sharp turnaround in results for the quarter ended January 31, 2026. Quarterly net sales rose to $181.9 million from $149.5 million, and net income was $3.0 million, or $0.06 per diluted share, compared with a $17.2 million loss a year earlier.
For the first nine months, sales grew to $630.1 million and net income reached $37.0 million, or $0.75 per diluted share, aided by higher volumes in Commercial, Live Events, and High School & Recreation and slightly better gross margin. Product order backlog was $342.3 million, and cash and cash equivalents were $144.4 million.
The company established a new $71.5 million secured credit facility, largely undrawn, and continued its transformation program and capacity expansion, including a small $4.1 million acquisition of XDC’s display business and $22.8 million of share repurchases under an expanded $80 million authorization, while noting ongoing tariff and geopolitical cost pressures.
Daktronics, Inc. reported a strong turnaround for fiscal Q3 2026, with net sales of $181.9 million, up 21.6% from $149.5 million a year earlier. New orders rose 7.6% to $201.1 million and product backlog reached $342.3 million, 25.3% higher than the prior year, supporting future revenue.
The company moved from an operating loss of $3.6 million to operating income of $1.9 million; adjusted operating income increased to $4.0 million from $1.2 million. Net results swung to a $3.0 million profit from a $17.2 million loss, with diluted earnings per share of $0.06 versus a $0.36 loss.
Gross margin held near prior-year levels while operating expenses rose modestly, including $2.1 million of management transition, advisory and acquisition-related costs. Daktronics ended the quarter with $144.4 million in cash and $11.1 million of debt, generated $54.3 million of operating cash flow in the first nine months, and repurchased 1.3 million shares for $22.8 million.
Daktronics, Inc. updated its arrangements with former Interim CEO Bradley T. Wiemann through an Amended and Restated Termination Agreement and General Release of Claims effective February 1, 2026.
Under the amended terms, Wiemann now serves as Executive Vice President – Advisor to the CEO on an at‑will basis through no later than September 5, 2026. In exchange for a release of claims, he will receive accelerated vesting and cash settlement of retention RSUs granted on March 5, 2025, with the cash value based on Daktronics’ Nasdaq closing price on February 2, 2026, plus an additional cash amount if needed so that the total RSU‑related payment is at least $300,000, paid in a lump sum.
Depending on when he retires or is terminated without cause, Wiemann may also receive 12 to 18 months of COBRA premium reimbursement and accelerated vesting of other unvested equity awards. He will not be eligible for future annual bonuses, new equity grants, or other severance benefits beyond those in this agreement.
Daktronics director Reece A. Kurtenbach reported receiving a gifted block of company stock. On January 30, 2026, he acquired 23,362 shares of Daktronics common stock in a transaction coded as a gift at a price of $0 per share.
The shares were received from a Grantor Retained Annuity Trust, with 11,681 shares carrying a cost basis of $1.27 per share and 11,681 shares at $0.02 per share. After this transaction, Kurtenbach directly beneficially owns 613,108 shares and indirectly beneficially owns another 17,400 shares held by his spouse.
Daktronics VP of Manufacturing Matthew J. Kurtenbach reported receiving a gift of 23,362 shares of Daktronics common stock. The shares were received from a Grantor Retained Annuity Trust, with 11,681 shares having a cost basis of $1.27 per share and 11,681 shares having a cost basis of $0.02 per share. After this transaction, he directly held 335,264.7 shares of common stock and also had indirect holdings of 5,000 shares through a trust and 21,000 shares as custodian for three Uniform Transfers to Minors Act accounts for his children. He disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
Daktronics officer Carla S. Gatzke reported receiving a stock gift of 23,362 common shares. The Form 4 shows that on January 30, 2026, she received these shares at a stated price of $0 per share, coded as transaction type G (gift). After this transaction, she directly beneficially owned 794,549 Daktronics common shares and indirectly held 183,867 additional shares through a 401(k) plan. A footnote explains the gift came from a Grantor Retained Annuity Trust, with 11,681 of the gifted shares having a cost basis of $1.27 per share and the remaining 11,681 shares having a cost basis of $0.02 per share.