DAKT.NASDAQDaktronics INC /SD/
Form 4: Daktronics CEO Reece A. Kurtenbach Reports Stock Transactions
Sentiment:
SEC Form 4
Daktronics CEO Reece A. Kurtenbach reports the vesting of restricted stock units and subsequent acquisition of common stock.
Summary
- On August 23, 2024, Reece A. Kurtenbach, Chairman, President, and CEO of Daktronics Inc., reported transactions involving restricted stock units.
- These transactions involved the vesting of restricted stock units granted on various dates from 2019 to 2023.
- A total of 4,812 shares of common stock were acquired as a result of the vesting of these units.
- Following these transactions, Kurtenbach directly owns 462,775 shares of Daktronics common stock.
- The restricted stock units vest 20% each year for five years from their grant date, with vested shares delivered as soon as practicable after the vesting date.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/05/2019 | Date of grant for Restricted Stock Units vesting 20% each year for five years beginning on 08/23/2020. |
| 08/23/2020 | First vesting date for Restricted Stock Units granted on 09/05/2019. |
| 09/03/2020 | Date of grant for Restricted Stock Units vesting 20% each year for five years beginning on 08/23/2021. |
| 08/23/2021 | First vesting date for Restricted Stock Units granted on 09/03/2020. |
| 09/02/2021 | Date of grant for Restricted Stock Units vesting 20% each year for five years beginning on 08/23/2022. |
| 08/23/2022 | First vesting date for Restricted Stock Units granted on 09/02/2021. |
| 09/07/2022 | Date of grant for Restricted Stock Units vesting 20% each year for five years beginning on 08/23/2023. |
| 08/23/2023 | First vesting date for Restricted Stock Units granted on 09/07/2022. |
| 09/11/2023 | Date of grant for Restricted Stock Units vesting 20% each year for five years beginning on 08/23/2024. |
| 08/23/2024 | Date of transaction: vesting of restricted stock units and acquisition of common stock. |
| 08/27/2024 | Date of signature for the Form 4 filing. |
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