4Filed Jul 15, 8:00 PM ET

Butler National (BUKS) 10% Owner Joseph Daly Buys 5,000 Shares

$BUKS · BUTLER NATIONAL CORP

Research Summary

AI-generated summary of this SEC filing

Updated

Butler National (BUKS) 10% Owner Joseph Daly Buys 5,000 Shares

What Happened

  • Joseph Patrick Daly, reported as a 10% owner of Butler National Corp (BUKS), acquired a total of 5,000 shares on July 14, 2026. This consisted of a grant/award of 2,874 shares at $4.35 each (≈ $12,502) and an open‑market purchase of 2,126 shares at $4.66 each (≈ $9,907), for combined consideration of about $22,409. Both entries are acquisitions (codes A and P).

Key Details

  • Transaction dates and prices: 2026-07-14 — 2,874 shares @ $4.35 (award), 2,126 shares @ $4.66 (open‑market).
  • Total shares acquired: 5,000; total reported value: ≈ $22,409.
  • Post-transaction holdings: the filing excerpt does not list Daly’s exact share total after these trades; he is identified as a 10% owner.
  • Footnotes/plans: the filing does not indicate a 10b5-1 plan, tax‑withholding (F) disposition, or other special footnotes in the provided summary.
  • Timeliness: Transaction dated 2026-07-14; Form 4 filed 2026-07-16 — appears timely (not marked late).

Context

  • These were purchases/awards (acquisitions), which are often viewed by investors as more informative than sales because they increase insider exposure to the company. As a 10% owner, Daly is a major shareholder rather than necessarily an operating executive; that classification can affect how investors interpret the trades. This summary is factual and does not speculate on motive.