---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-010251"
form_type: "8-K"
ticker: "DAKT"
cik: "0000915779"
company_name: "DAKTRONICS INC /SD/"
filed_at: "2026-02-20T23:59:59+00:00"
generated_at: "2026-05-16T01:37:00.007988+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-010251
- form_type: 8-K
- ticker: DAKT
- cik: 0000915779
- company_name: DAKTRONICS INC /SD/
- filed_at: 2026-02-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915779/000162828026010251/0001628280-26-010251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915779/000162828026010251/dakt-20260216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-010251
- JSON: https://secwatch.observer/filing/0001628280-26-010251.json
- Plain text: https://secwatch.observer/filing/0001628280-26-010251.txt

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