Form 4: Butler National Corp CEO Christopher Reedy Reports Stock Transactions

Christopher Reedy, President & CEO of Butler National Corp, reports acquisition of company stock through recent transactions.

Summary

• Christopher J Reedy, the President & CEO of Butler National Corp, filed a Form 4 detailing changes in beneficial ownership.
• On April 2, 2025, Reedy acquired 4,000 shares of Butler National Common Stock at $1.63 per share and 1,000 shares at $1.62 per share.
• On April 3, 2025, Reedy acquired 2,500 shares of Butler National Common Stock at $1.63 per share.
• Following these transactions, Reedy directly owns 956,281 shares of Butler National Common Stock.
• Reedy also indirectly owns 1,400,302 shares through a 401(k) Profit Sharing plan and 5,000 shares through a spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally seen as a good sign, but the scale of the purchases is relatively small.

Positives

• The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's future prospects.

Stakeholder Impact

• Shareholders may view the CEO's stock purchases as a positive sign.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Acquisition, Christopher Reedy, Butler National Corp, BUKS, CEO