{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-065837","form_type":"8-K","ticker":"DAKT","cik":"0000915779","company_name":"DAKTRONICS INC /SD/","filed_at":"2026-10-14T14:31:59+00:00","discovered_at":"2026-10-14T14:33:00.413669+00:00","generated_at":"2026-10-14T14:33:14.179674+00:00","sec_items":["2.05","2.06","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Daktronics to exit Ireland plant, cut 1.5% of revenue unit; sees $18M annual savings vs $15.8M charges","bullets":["Board approved Irish Phase-Out: Ennistymon, Ireland plant closure substantially complete by mid-FY2028; $13.5M cumulative charges ($11.7M severance, $0.8M exit costs, $1.0M PP&E impairment).","Total restructuring charges ~$15.8M non-recurring pre-tax, incl. ~$7.0M in Q2 FY2027; expected annualized run-rate savings >$18.0M when fully implemented by mid-FY2028.","Realigning production across U.S., Mexico, China; new 355,000 sq ft leased China facility; ~$1.0M costs (incl. $0.3M voluntary severance) fully recouped in FY2027, $7.0M annualized net savings.","Exiting highly customized international transportation (rail/bus/roadway) ~1.5% of revenue; closing Hong Kong and Macau offices; new international leader based in London to be named.","Corrects 10-Q clerical error: FY2027 capex projection was $23.4M, not $13.2M as stated on page 29; no impact on reported financial statements."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-065837","json":"https://secwatch.observer/filing/0001628280-26-065837.json","markdown":"https://secwatch.observer/filing/0001628280-26-065837.md","text":"https://secwatch.observer/filing/0001628280-26-065837.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/915779/000162828026065837/0001628280-26-065837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/915779/000162828026065837/dakt-20261012.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-14T14:33:14.179674+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}