Butler National (BUKS) 10% Owner Joseph Daly Buys 9,500 Shares

What Happened Joseph Patrick Daly, a 10% owner of Butler National Corp (BUKS), acquired a total of 9,500 shares across three transactions. He received a 3,197-share award/grant on 2026-09-21 valued at $3.91 per share ($12,500) and made two open-market purchases on 2026-09-22: 1,303 shares at $4.19 ($5,460) and 5,000 shares at $4.01 (~$20,050). Combined, Daly acquired roughly $38,010 of stock. These were purchases/award (acquisitions), which are generally viewed as more bullish than sales but do not by themselves indicate motivation.

Key Details

• Dates & prices: 2026-09-21 — Award 3,197 sh @ $3.91 ($12,500); 2026-09-22 — Purchase 1,303 sh @ $4.19 ($5,460) and 5,000 sh @ $4.01 ($20,050). Transaction codes: A = award/grant; P = open-market purchase.
• Total acquired: 9,500 shares for ~ $38,010.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing/timeliness: Report filed 2026-09-22 covering transactions on 9/21–9/22; filing appears timely per the Form 4 filing date.
• No footnotes, 10b5-1 plan, tax-withholding or derivative exercises were indicated in the summary provided.

Context Daly is reported as a 10% owner (a significant holder), which is different from routine executive trading. Purchases and an award increase his stake and can signal confidence, but filings don’t explain intent. No option exercises, gifts, or immediate resale were noted in this filing.