{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-044301","form_type":"8-K","ticker":"DAKT","cik":"0000915779","company_name":"DAKTRONICS INC /SD/","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.790052+00:00","generated_at":"2026-05-25T22:27:54.048661+00:00","sec_items":["1.01","3.03","5.02","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Daktronics settles with Alta Fox, appoints Peter Feigin to board, ends poison pill","bullets":["Appoints Peter Feigin (President of Milwaukee Bucks) to board, effective March 5, 2025, term through 2027 annual meeting.","Board expanded from eight to nine directors; Feigin joins Transformation Committee.","Rights Agreement terminated as of March 3, 2025—poison pill expires immediately.","Alta Fox withdraws litigation with prejudice, supports reincorporation to Delaware, and enters standstill until 2027.","Company commits to investor day by Dec 31, 2025; will solicit Alta Fox input on CFO search."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-044301","json":"https://secwatch.observer/filing/0001193125-25-044301.json","markdown":"https://secwatch.observer/filing/0001193125-25-044301.md","text":"https://secwatch.observer/filing/0001193125-25-044301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/915779/000119312525044301/0001193125-25-044301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/915779/000119312525044301/d874207d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T22:27:54.048661+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"802ca8e1ac","claim":"Peter Feigin was appointed as Director at DAKTRONICS INC /SD/.","evidence_excerpt":"On March 3, 2025, the Board appointed Peter Feigin to serve as a member of the Board, effective March 5, 2025, with a term expiring at the 2027 Annual Meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/915779/000119312525044301/0001193125-25-044301-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7882fc7fd57909be8e3908319293843e631e0ff8","claim":"DAKTRONICS INC /SD/: Amended bylaws to require a Lead Independent Director if the Board Chair is not an independent director (effective 2025-03-03).","evidence_excerpt":"The Amended Bylaws codify the Company’s existing practice, as contemplated by the Company’s Board of Directors Corporate Governance Guidelines, by amending the Bylaws to require the directors to select a Lead Independent Director in the event that the Chairperson of the Board is not an Independent Director.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/915779/000119312525044301/0001193125-25-044301-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-03-03"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}