Form 4: Daktronics CFO Sheila Mae Anderson Reports Stock Transactions

Sentiment:

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

DateDescription
09/05/2019Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2020.
09/03/2020Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2021.
09/02/2021Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2022.
09/07/2022Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2023.
09/11/2023Date of grant for Restricted Stock Units vesting 20% annually beginning 08/23/2024.
08/23/2024Date of transaction: Vesting of restricted stock units and subsequent sale of shares for tax obligations.
08/27/2024Date of signature for the Form 4 filing.

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