Disclosed in a recent SEC filing on July 11, Wiemann, Exec Vice President at Daktronics (NASDAQ:DAKT), made a noteworthy transaction involving the exercise of company stock options.
What Happened: Wiemann, Exec Vice President at Daktronics, exercised stock options for 7,500 shares of DAKT stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The exercise price of the options was $13.31 per share.
Daktronics shares are currently trading up by 1.43%, with a current price of $14.17 as of Friday morning. This brings the total value of Wiemann's 7,500 shares to $6,449.
Discovering Daktronics: A Closer Look
Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large-screen video displays for sporting, commercial, and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems. The company has five reportable segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes the ...