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SEC filings · Form 8-K, Item 2.05

DAKTRONICS INC /SD/ layoffs and restructuring

Every exit or restructuring plan DAKTRONICS INC /SD/ reported on Form 8-K under Item 2.05: the filing's own words on employees affected, share of workforce, locations, charges and timing.

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SEC filings1
Latest filing2026-10-14

DAKTRONICS INC /SD/ reported 1 exit or restructuring plan on Form 8-K under Item 2.05. Each fact below is the filing's own sentence, quoted and linked. No WARN notice under this company's name is on file in the states covered here.

SEC filings: exit or restructuring (Item 2.05)

DAKTRONICS INC /SD/ (CIK 915779) reported 1 exit or restructuring plan to the SEC on Form 8-K under Item 2.05. The sentences below are quoted from the filings as written.

Form 8-K filed 2026-10-14

Locations

As such, the Board gave approval for the Company to begin a phased-exit of operations at its Ennistymon, Ireland manufacturing facility (the " Irish Facility ") and for Daktronics Ireland Co. Limited, a wholly owned subsidiary of the Company, to enter into a plan of termination with the majority of its Irish employees (collectively the " Irish Phase-Out ").

Expected charges

The Irish Phase-Out, including the Company's obligations under the plan of termination, is estimated to result in cumulative cash and non-cash charges of approximately $13.5 million, comprised of: $11.7 million related to severance, stay bonuses, and other termination benefits; $0.8 million related to the phased-exit of operations at the Irish Facility, legal costs, and equipment transfer costs; and $1.0 million of asset impairments associated with property, plant, and equipment at the Irish Facility.

Timing

The Irish Phase-Out is expected to be substantially complete in the first half of fiscal 2028.

Also on the record for DAKTRONICS INC /SD/

DateRecordFigureOur pageSource
September 18, 2026Leadership change filing (Form 8-K, Item 5.02)—Leadership changesSource
September 11, 2026Leadership change filing (Form 8-K, Item 5.02)—Leadership changesSource
August 11, 2026Stake report, Schedule 13D/A, by Alta Fox Opportunities Fund, LP4.4% of the class5%+ stakesSource
June 30, 2026Stake report, Schedule 13D/A, by Alta Fox Opportunities Fund, LP6% of the class5%+ stakesSource
May 15, 2026Stake report, Schedule 13G, by EARNEST PARTNERS LLC6.6% of the class5%+ stakesSource
March 26, 2026Stake report, Schedule 13G/A, by The Vanguard Group—5%+ stakesSource
December 12, 2025Stake report, Schedule 13D/A, by Alta Fox Opportunities Fund, LP7.7% of the class5%+ stakesSource
November 4, 2025Stake report, Schedule 13G/A, by Duquesne Family Office LLC—5%+ stakesSource
October 24, 2025Stake report, Schedule 13D/A, by ALTA FOX OPPORTUNITIES FUND, LP9.1% of the class5%+ stakesSource
July 29, 2025Stake report, Schedule 13G, by The Vanguard Group7.51% of the class5%+ stakesSource
July 3, 2025Stake report, Schedule 13G, by Progeny 3, Inc.5.4% of the class5%+ stakesSource

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Public companies must also report to the SEC, on Form 8-K under Item 2.05, when they commit to an exit or restructuring plan that will cost them material charges, which is how most large layoffs and closures by listed companies are disclosed. Those filings are national, so they cover companies in every state. Each sentence shown from one is quoted exactly and linked to the filing; where a filing does not state a figure, none is shown.

Where this comes from

Employers covered by the federal WARN Act, and by the stricter laws some states add, must give written notice before a mass layoff or a site closure. The state labor department publishes those notices. Every row here is one of them, taken from that state's own published file and linked to it, so each figure can be checked at the source.

A notice states the employer, the location, the number of employees affected, and when the layoff or closure takes effect. It does not state a reason, and neither does this page. Where a company also appears in SEC filings under the same name and in the same state, its recorded fundraising is shown alongside, as a matter of record rather than as an explanation. New Jersey and Pennsylvania list a notice under the month it was posted or received, not the day, so their notices show a month. Tennessee gives the county rather than the city.

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Last updated 2026-10-18
DAKTRONICS INC /SD/ layoffs and restructuring: 1 SEC filing (2026-10-14). MentionFox, 2026-10-18. https://mentionfox.com/layoffs/daktronics-inc-sd