| EBP, Investment, Fair Value and NAV |
The following tables present the Plan’s assets measured at fair value as of April 30, 2026 and 2025, categorized by level within the fair value hierarchy. There were no transfers between levels of the fair value hierarchy during the years ended April 30, 2026 and 2025.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Assets at Fair Value as of April 30, 2026 | | | Level 1 | | Level 2 | | Level 3 | | Total | | Daktronics, Inc.* common stock | | $ | 32,342,011 | | | $ | — | | | $ | — | | | $ | 32,342,011 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mutual funds | | 208,283,279 | | | — | | | — | | | 208,283,279 | | | Pooled Separate Funds | | $ | 76,601,651 | | | $ | — | | | $ | — | | | $ | 76,601,651 | | | | | | | | | | | | Investments measured at Net Asset Value (NAV)**: | | | | | | | | | | Common collective trusts*: | | | | | | | | | | Principal Stable Value Z Fund* | | | | | | | | 10,758,468 | | | | | | | | | | | Total Investments at Fair Value | | | | | | | | $ | 327,985,409 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Assets at Fair Value as of April 30, 2025 | | | Level 1 | | Level 2 | | Level 3 | | Total | | Daktronics, Inc.* common stock | | $ | 22,219,583 | | | $ | — | | | $ | — | | | $ | 22,219,583 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mutual funds | | 209,158,254 | | | — | | | — | | | 209,158,254 | | | | | | | | | | | | Investments measured at Net Asset Value (NAV)**: | | | | | | | | | | Common collective trusts*: | | | | | | | | | | Principal Stable Value Z Fund* | | | | | | | | 10,304,183 | | Principal/Blackrock S&P 500 Index CIT N Fund* | | | | | | | | 17,572,378 | | Total Investments at Fair Value | | | | | | | | $ | 259,254,398 | |
| | | | *Indicates a party-in-interest as defined under the Employee Retirement Income Security Act of 1974, as amended ("ERISA") |
| | | | **Certain investments are measured at fair value using the net asset value (“NAV”) per share (or its equivalent) as a practical expedient. These investments have not been classified within the fair value hierarchy established by ASC 820. The fair value amounts presented in the accompanying table are included to facilitate reconciliation of the fair value hierarchy to the amounts reported in the Statement of Net Assets Available for Benefits. |
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