Form 4: Daktronics CFO Sheila Mae Anderson Reports Stock Transactions
SEC Form 4 Filing
Sheila Mae Anderson, CFO & Treasurer of Daktronics, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On August 23, 2024, Sheila Mae Anderson, CFO & Treasurer of Daktronics, reported transactions related to restricted stock units.
- 2,246 shares of common stock were acquired upon the vesting of restricted stock units at a price of $0.
- 301 shares were disposed of to cover tax obligations at a price of $15.84.
- Following these transactions, Anderson directly owns 35,833.94 shares of Daktronics common stock.
- She also holds 3,984 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/05/2019 | Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2020. |
| 09/03/2020 | Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2021. |
| 09/02/2021 | Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2022. |
| 09/07/2022 | Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2023. |
| 09/11/2023 | Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2024. |
| 08/23/2024 | Date of transaction: Vesting of restricted stock units and subsequent sale of shares for tax obligations. |
| 08/27/2024 | Date of signature for the Form 4 filing. |
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