Butler National (BUKS) 10% Owner Daly Joseph Patrick Buys Shares

What Happened

Daly Joseph Patrick, reported as a 10% owner of Butler National Corp (BUKS), made three open-market purchases on September 15, 2026, acquiring a total of 1,500 shares. The trades were: 96 shares at $3.90 ($374), 404 shares at $3.91 ($1,580), and 1,000 shares at $4.04 (~$4,040), totaling roughly $5,994. These were purchases (transaction code P), which are purchases of company stock rather than sales.

Key Details

• Transaction date: 2026-09-15 (filed on 2026-09-17)
• Trades:
  • 96 shares @ $3.90 (reported value ~$374)
  • 404 shares @ $3.91 (reported value ~$1,580)
  • 1,000 shares @ $4.04 (reported value ~$4,040)
• Total shares bought: 1,500; total reported value: about $5,994
• Transaction code: P = Purchase (open-market)
• Shares owned after transaction: not disclosed in the provided filing excerpt
• Filing timeliness: Form 4 filed 9/17/2026; appears to be filed within the typical two-business-day SEC window

Context

As a reported 10% owner, Daly holds a significant stake in the company; purchases by 10% owners show changes among major shareholders but are not the same as routine executive trading. This filing reports straightforward open-market purchases — there are no indications here of option exercises, awards, gifts, or tax-withholding transactions.