Daktronics approves fiscal 2027 executive compensation program with annual and long-term incentives

DAKTRONICS INC /SD/

CEO Ramesh Jayaraman: annual incentive target 100% of base salary; long-term incentive target 200%.
Annual incentive based 60% on operating income and 40% on revenue; payout range 50%-150% of target.
Long-term incentive: 65% time-based RSUs (4-year vest) and 35% PSUs tied to cumulative 3-year operating income and revenue.
PSU threshold payout 25% of target, maximum 150%; cliff vest after 3 years upon certification.
Program applies to four named executives; excludes Acting CFO Howard Atkins and EVP Bradley Wiemann.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.