Daktronics’ board authorized an amended and restated termination agreement with former interim CEO Bradley T. Wiemann, effective Feb. 1, 2026, covering his transition to Executive Vice President–Advisor to the CEO through no later than Sept. 5, 2026. Under the agreement, Wiemann will receive accelerated vesting and a cash settlement of restricted stock units granted March 5, 2025, with an added cash amount if needed to bring the total to at least $300,000, paid as a lump sum after execution. Depending on his separation timing, he may also receive COBRA premium reimbursements for 12 to 18 months and, in certain cases, accelerated vesting of outstanding unvested equity awards; he will not be eligible for annual incentive bonuses, future equity grants, or other severance beyond what is specified.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daktronics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-010251), on February 20, 2026, and is solely responsible for the information contained therein.