---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-048619"
form_type: "8-K"
ticker: "DAKT"
cik: "0000915779"
company_name: "DAKTRONICS INC /SD/"
filed_at: "2026-07-17T18:21:52+00:00"
generated_at: "2026-07-17T18:23:17.283058+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-048619
- form_type: 8-K
- ticker: DAKT
- cik: 0000915779
- company_name: DAKTRONICS INC /SD/
- filed_at: 2026-07-17T18:21:52+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915779/000162828026048619/0001628280-26-048619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915779/000162828026048619/dakt-20260714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-048619
- JSON: https://secwatch.observer/filing/0001628280-26-048619.json
- Plain text: https://secwatch.observer/filing/0001628280-26-048619.txt

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