BUTLER NATIONAL CORP 8-K

What Happened
Butler National Corporation filed an 8-K (Item 8.01) reporting that on June 4, 2026 its Compensation Committee approved a $90,000 cash increase in the annual compensation paid to Executive Chairman Jeffrey D. Yowell, effective June 1, 2026. After the increase, Mr. Yowell’s total annual cash compensation is $340,000. The filing was signed June 10, 2026 by CEO Christopher J. Reedy.

Key Details

• Compensation Committee approved the change on June 4, 2026; effective date June 1, 2026.
• Increase amount: $90,000 per year.
• New total annual cash compensation for Jeffrey D. Yowell: $340,000 (this total includes the $90,000 retainer paid to all non-employee directors).
• Mr. Yowell did not participate in the Committee’s discussion and abstained from the vote.

Why It Matters
This 8-K informs investors about a change in executive compensation that increases the company’s cash pay obligations to its Executive Chairman. It reflects a board-level decision on pay and shows procedural governance (the executive abstained from voting). While the filing does not report earnings or operational results, shareholders may view changes in executive pay as relevant to corporate governance and company expenses.