Kurtenbach Reece A sold DAKT
March 5, 2025 · Form 4 insider transaction
Kurtenbach Reece A sold 1,080 shares of Daktronics, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
1,080
Price
$0.00
Total value
N/A
InsiderKurtenbach Reece A
Role—
CompanyDaktronics, Inc. (DAKT)
SecurityRestricted Stock Units
Transaction codeM: Option exercise
Transaction dateMarch 5, 2025
Filing dateMarch 7, 2025
Shares owned after3,106
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Pursuant to the Separation and Release Agreement (the "Separation Agreement") entered into by and between Daktronics, Inc. and Reece Kurtenbach on 03/05/2025 (such date, the "Separation Date"), the vesting of Restricted Stock Units granted on 09/03/2020 was accelerated such that the Restricted Stock Units that would have vested on 08/23/2025 vested as of the Separation Date. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.