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NASDAQ: DAKT DAKTRONICS INC /SD/ 8-K

Daktronics sets fiscal 2027 executive pay targets tied to operating income and revenue

Filed July 17, 2026 · Period ending July 14, 2026 · ~1 min read

Key Changes

  • medium

    Board approved fiscal 2027 compensation program for four named officers (CEO, Chief Data Officer, VP Manufacturing, VP Design). Annual cash incentives weighted 60% operating income, 40% revenue; payouts range 50%-150% of target.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Long-term incentives split 65% time-based RSUs (four-year pro-rata vesting) and 35% performance stock units. PSUs based on three-year cumulative operating income (60%) and revenue (40%), with 25%-150% payout range.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    CEO Jayaraman's targets set at 100% of base salary for annual incentive and 200% for long-term incentive. Other three officers have 50%-55% annual and 60% long-term targets.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →

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Source-verified from EDGAR · Narrative written by AI · Jul 20, 2026 · How we verify