Daktronics amends termination agreement with former Interim CEO Wiemann, details transition compensation

DAKTRONICS INC /SD/

Bradley Wiemann's role as Interim CEO ended Feb 1, 2026; continues as EVP - Advisor to CEO through Sep 5, 2026.
Receives Transition Payment: accelerated RSU cash settlement (valued at Feb 2, 2026 closing price) with a $300,000 minimum floor.
Monthly cash compensation of $60,000 during advisory period; no annual bonus or future equity.
COBRA premium reimbursement for 12-18 months depending on termination timing; accelerated vesting of outstanding equity upon qualifying termination after May 30, 2026.
Wiemann releases all claims against company in exchange for benefits.

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