---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-054909"
form_type: "8-K"
ticker: "DAKT"
cik: "0000915779"
company_name: "DAKTRONICS INC /SD/"
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:34:49.754770+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Daktronics appoints Ramesh Jayaraman as President and CEO, effective Feb 1, 2026

## Summary
- Jayaraman brings 25+ years of global operations from Bosch and Harman; starts full-time Dec 10, 2025.
- Reece Kurtenbach steps down from board; Brad Wiemann continues as interim CEO through Jan 31, 2026.
- New CEO receives $450k sign-on bonus, $500k base salary, and equity awards valued at ~$670k.
- FY26 guaranteed pro-rated bonus of $93,750; target annual bonus opportunity begins FY27 at 100% of base salary.
- FY26 equity grant includes $502,500 in RSUs (time-vesting) and $167,500 in PSUs (performance-vesting).

## SEC filing metadata
- accession: 0001628280-25-054909
- form_type: 8-K
- ticker: DAKT
- cik: 0000915779
- company_name: DAKTRONICS INC /SD/
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915779/000162828025054909/0001628280-25-054909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915779/000162828025054909/dakt-20251203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-054909
- JSON: https://secwatch.observer/filing/0001628280-25-054909.json
- Plain text: https://secwatch.observer/filing/0001628280-25-054909.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.