Daktronics Inc.
09/18/2026 | Press release | Distributed by Public on 09/18/2026 15:20
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 17, 2026 the Board of Directors (the "Board") of Daktronics, Inc., a Delaware corporation (the "Company"), following the recommendation of the Compensation Committee of the Board, approved an increase in the base salary for our Acting Chief Financial Officer, Howard Atkins. Mr. Atkins' base salary increased to $1,200,000 annually, effective September 27, 2026. The Board also approved a one-time RSU grant to Mr. Atkins with a grant date fair value of $170,000 in recognition of his continued service as Acting Chief Financial Officer. The RSUs granted will vest pro-rata over a three-year period beginning on the date set forth in the applicable award notice, so long as Mr. Atkins remains continuously employed by the Company or a subsidiary of the Company through each such vesting date; provided however, that the RSUs will become fully vested on the date that the Board appoints a permanent Chief Financial Officer.
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