DAKTRONICS INC (DAKT)
Sector: Information Technology
2026 Annual Meeting Analysis
DAKTRONICS INC · Meeting: September 16, 2026
Directors FOR
2
Directors AGAINST
0
Say on Pay
FOR
Auditor
FOR
Director Elections
Election of Directors
Dr. Bultena has served since September 2021, and DAKT's 3-year total return of approximately 192% outperforms the disclosed peer group median of 16.5% by about 175 percentage points, far exceeding the 65-point threshold required to trigger a concern under the policy, so no TSR-based flag applies; attendance is fully compliant and no other disqualifying factors are present.
Dr. Griffiths has served since September 2020, and DAKT's strong outperformance of its disclosed peer group over both 3 and 5 years means no TSR-based concern applies; she holds relevant technology and governance expertise, meets all attendance requirements, and no other disqualifying factors are present.
Both nominees are independent directors with relevant qualifications and no disqualifying flags. Daktronics has dramatically outperformed its disclosed peer group over the past 3 years (approximately +192% vs. peer median of +16.5%), so the stock-performance trigger does not fire for either director. Both nominees clear all policy screens and receive a FOR vote.
Say on Pay
✓ FORCEO
Bradley T. Weinman
Total Comp
$735,861
Prior Support
88.9%%
The CEO pre-extracted compensation of $735,861 (which corresponds to Bradley T. Wiemann's Fiscal 2025 total as interim CEO) is well within a reasonable range for a company of Daktronics' size and sector, and the new permanent CEO Ramesh Jayaraman's annualized compensation is similarly modest. The compensation program has meaningful performance-based components — including annual cash incentives tied to revenue and operating margin goals and multi-year performance stock awards tied to profit and revenue growth — which align executive pay with shareholder outcomes. Prior-year say-on-pay support was a strong 88.9%, the company has a clawback policy in place, and DAKT's stock has significantly outperformed its peer group over three and five years, confirming that incentive pay has tracked actual shareholder value creation.
Auditor Ratification
✓ FORAuditor
Deloitte & Touche LLP
Tenure
9 yrs
Audit Fees
$1,797,856
Non-Audit Fees
$83,769
Deloitte has served as Daktronics' auditor since 2017 (approximately 9 years), well below the 25-year tenure threshold that would raise independence concerns. Non-audit fees (audit-related fees of $79,979 plus all other fees of $3,790 totaling $83,769) represent only about 4.7% of core audit fees of $1,797,856, far below the 50% threshold, so auditor independence is not a concern. Deloitte is a Big 4 firm appropriate for a company of Daktronics' size, and no material restatements are disclosed.
Overall Assessment
The 2026 Daktronics annual meeting presents three standard proposals: election of two well-qualified independent directors, ratification of Deloitte as auditor, and an advisory vote on executive pay. All three proposals pass all policy screens and receive a FOR vote, supported by strong stock outperformance, a modest and performance-linked compensation structure, and clean auditor fee and tenure data.
Compensation Peer Group
15 companies disclosed in 2026 proxy filing