Butler National (BUKS) Director Michael Loh Receives 2,874-Share Award

What Happened

• Michael Anthony Loh, a director of Butler National Corp (BUKS), was reported to have acquired 2,874 shares as an award/grant on July 14, 2026. The reported acquisition price was $4.35 per share, for a total reported value of $12,502. This transaction is recorded as an award/acquisition (Form 4 transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: July 14, 2026
• Price per share: $4.35; shares acquired: 2,874; total value: $12,502
• Transaction type: Award / grant (SEC code A)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes/conditions: none provided in the excerpt (vesting/restrictions, if any, are not shown)
• Filing date: July 16, 2026 — filed two days after the transaction (appears to be a timely Form 4 filing)

Context

• An "A" code on Form 4 indicates an award or other non-open-market acquisition (for example, restricted stock or other compensation-related grants). Such awards differ from open-market purchases and may be tied to compensation, vesting schedules, or other terms that are not detailed in this filing excerpt. The dollar value of this grant is relatively modest (~$12.5k) for an insider award.