Butler National (BUKS) Director Michael Loh Receives Award of 3,197 Shares

What Happened

• Michael Anthony Loh, a director of Butler National Corp (BUKS), was granted/received 3,197 shares on 2026-09-21. The reported acquisition price per share is $3.91, for a total reported value of $12,500. The filing reports the transaction as an award/grant (transaction code A), meaning shares were issued to the insider rather than bought on the open market.

Key Details

• Transaction date and price: 2026-09-21 at $3.91 per share.
• Shares acquired: 3,197; total reported value: $12,500.
• Shares owned after transaction: Not specified in the excerpt of the filing provided.
• Footnotes/notable plan details: No footnotes or 10b5-1 / tax-withholding items were provided in the summary data.
• Timeliness: The Form 4 was filed with a report date of 2026-09-21 — the same date as the transaction — indicating a timely filing in this report.

Context

• Awards/grants to directors are commonly part of compensation or long-term incentive plans and are acquisitions (not sales); they do not necessarily reflect short-term trading intent. The dollar amount here is modest (~$12.5K), so the transaction is unlikely to have a material market impact. For full context, review the company’s proxy or equity-award plan disclosures to understand vesting or restrictions tied to the grant.