Daktronics, Inc. (DAKT)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · DAKT
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
CEO — Ramesh Jayaraman: The filing discloses a routine base salary increase for the sitting CEO, which is a compensatory arrangement rather than a change in management status or departure.
Entry into a Material Definitive Agreement. Effective September 1, 2026, Daktronics, Inc., a Delaware corporation (the “ Company ”) entered into an Amendment No. 1 to Credit Agreement (“ Amendment No. 1 ”) with JPMorgan Chase Bank, N.A., as agent (the “ Agent ”) the Lenders (as defined in the Credit Agreement), and the other Loan Parties (as defined in the Credit Agreement), which amended that certain Credit Agreement, dated November 26, 2025 (the “ Credit Agreement ”), by and among the Compa…
Results of Operations and Financial Condition. On September 2, 2026, the Company issued a press release announcing its financial results for the fiscal quarter ended August 1, 2026 and related material information (the “ Release ”). A copy of the Release is attached to this Current Report on Form 8-K (this “ Report ”) as Exhibit 99.1 and incorporated herein by reference.
Other Events. On September 1, 2026, the Board voted to terminate the Company’s existing program to repurchase outstanding shares of the Company’s common stock (the “ Fiscal 2017 Repurchase Program ”), which had been established and expanded through a series of Board authorizations beginning in fiscal 2017, and to implement a new program authorizing repurchases of outstanding shares of the Company’s common stock (the “ Fiscal 2027 Repurchase Program ”). The total amount authorized for repurcha…
The filing details the executive compensation program for fiscal year 2027, which is a routine administrative matter.
Results of Operations and Financial Condition. On June 24, 2026, Daktronics, Inc. (the “ Company ”) issued a press release announcing its financial results for the fiscal quarter and full year ended May 2, 2026 (the “ Release ”). A copy of the Release is attached to this Current Report on Form 8-K (this “ Report ”) as Exhibit 99.1 and is incorporated herein by reference.
Other Events. On June 22, 2026, the Board of Directors of the Company voted to authorize additional repurchases of outstanding shares of the Company’s common stock (“ Share Repurchases ”) under the Company’s existing stock repurchase program (the “ Repurchase Program ”). The authorization increased the total amount available under the Repurchase Program as of the date of the authorization to $40.0 million. Share Repurchases may occur from time to time in open market purchases, private transac…
Carla Gatzke: The consulting agreement with a former named executive officer was amended to extend the term and reduce the scope of services.
Results of Operations and Financial Condition. On March 4, 2026, Daktronics Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended January 31, 2026 (the “Press Release”). A copy of the Press Release is furnished with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and is incorporated herein by reference. The information in this Report, including the Press Release, is being furnished and shall not be deemed to be “filed” for pu…
Interim President and CEO — Bradley T. Wiemann: Mr. Wiemann's service as Interim President and CEO ended, with an Amended Agreement providing for his transition to a less senior role.
Director — Reece A. Kurtenbach: Mr. Kurtenbach resigned from the Board as part of his separation agreement.
Corporate Secretary and Vice President of Human Resources — Carla S. Gatzke: Ms. Gatzke will cease to serve as Corporate Secretary and Vice President of Human Resources with a severance package.
Forward-Looking Statements This Report includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company’s acquisition of the Display Business and the Transaction and is intended to enjoy the protection of that act. These forward-looking statements reflect the Company’s expectations or beliefs concerning future events. The Company cautions that these and similar statements involve risks and uncertainties which could cause actu…
Regulation FD Disclosure. Acquisition of Display Business On December 22, 2025 (Central Time), Daktronics, Inc. (the “ Company ”) entered into a Business Transfer Agreement (the “ Agreement ”) between and among the Company, X Display Company Technology Limited (“ XDC ”), Sensinnovat BV, and X-Celeprint Limited (“ X-Celeprint ”). Pursuant to the Agreement, the Company acquired from XDC a display business consisting of intellectual property, equipment assets, technical expertise, and related as…
Results of Operations and Financial Condition. On December 10, 2025, Daktronics Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended November 1, 2025 (the “Press Release”). A copy of the Press Release is furnished with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and is incorporated herein by reference. The information in this Report, including the Press Release, is being furnished and shall not be deemed to be “filed” fo…
Other Events. On December 9, 2025, the Board of Directors of the Company (the “Board”) approved a share repurchase authorization pursuant to which the Company may repurchase up to an additional $20 million of outstanding shares of the Company’s common stock (“Share Repurchases”) under the Company’s stock repurchase program (the “Repurchase Program”). As of the date of this Report, approximately $25.7 million of the $80 million authorized by the Board remained available for Share Repurchases u…
Creation of a Direct Financial Obligation or an Obligation under an Off- Balance Sheet Arrangement of a Registrant The information provided in
Entry into a Material Definitive Agreement. New Credit Agreement On November 26, 2025 (the “ Closing Date ”), Daktronics, Inc. (the “ Company ”) replaced its prior $75 million senior credit facility (the “ Prior Credit Facility ”) pursuant to a Credit Agreement dated as of May 11, 2023 (as amended, restated, modified, or supplemented from time to time, the “ Prior Credit Agreement ”), between and among the Company, JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent…
Termination of a Material Definitive Agreement. The information provided in
President and Chief Executive Officer — Ramesh Jayaraman: The company is hiring an external executive to serve as President and Chief Executive Officer.
Reece A. Kurtenbach: The company extended the consulting agreement with a former named executive officer.
Entry into a Material Definitive Agreement. On October 24, 2025, Daktronics, Inc. (the “Company”) entered into a First Amendment to Cooperation Agreement (the “Cooperation Agreement Amendment”) with Alta Fox Capital Management, LLC, Alta Fox Opportunities Fund, LP, Alta Fox GenPar, LP, Alta Fox Equity, LLC, and P. Connor Haley (collectively with their affiliates and associates, “Alta Fox”). The Cooperation Agreement Amendment modifies Section 2(d) of the Cooperation Agreement between the Comp…
Results of Operations and Financial Condition. On September 10, 2025, Daktronics Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended August 2, 2025 (the “Press Release”). A copy of the Press Release is furnished with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and is incorporated herein by reference. The information in this Report, including the Press Release, is being furnished and shall not be deemed to be “filed” for…
Approval of a new stock incentive plan by the company's stockholders.
The filing describes equity awards and performance stock units granted to certain executives.
Importance-ranked changes since the prior daily snapshot.
Company momentum rose by 47.0 points (from -15.8 to 31.2).
General market headlines, full earnings-call transcripts, and macro and sector developments flagged when they directly affect this stock are on the way. Today this tab covers SEC filings.
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