Butler National (BUKS) Director Michael Loh Buys 10,000 Shares

What Happened
Michael Anthony Loh, a director of Butler National Corp (BUKS), reported an open-market purchase of 10,000 shares on September 15, 2026. The shares were acquired at $3.91 per share for a total reported cost of $39,100 (transaction code P — purchase). This was a direct buy rather than an option exercise, grant, or gift.

Key Details

• Transaction date & price: 2026-09-15 — 10,000 shares at $3.91 each.
• Total value: $39,100.
• Transaction type/code: Open-market purchase (Code P).
• Shares owned after transaction: Not disclosed in the filing.
• Filing date / timeliness: Form 4 filed 2026-09-16 (appears timely; Form 4s are generally due within 2 business days).
• Footnotes/plan references: None reported in the filing.

Context
This is a straightforward insider purchase of modest size. Insider buys can indicate a director’s willingness to invest personal capital in the company, but they are one data point among many — consider company fundamentals and other disclosures before drawing conclusions.