Form 4: Butler National Corp Director Daly Acquires 200 Shares of Common Stock

Director Joseph Patrick Daly of Butler National Corp acquired 200 shares of common stock at $1.8 per share on December 27, 2024.

Summary

• Joseph Patrick Daly, a director of Butler National Corp, purchased 200 shares of common stock on December 27, 2024.
• The purchase price was $1.8 per share.
• Following the transaction, Mr. Daly directly owns 4,050,200 shares and indirectly owns 4,150,000 shares through EssigPR, Inc.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of an insider transaction, with no positive or negative implications for the company's performance.

Industry Context

This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Insider trading disclosures are a standard practice for all publicly listed companies.
• The transaction is relatively small in volume and value compared to typical insider transactions in larger companies.
• The price of $1.8 per share is specific to Butler National Corp and cannot be directly compared to other companies without further context.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small purchase by a director.

Key Dates

Keywords

insider trading, stock acquisition, common stock, director, beneficial ownership, Butler National Corp, BUKS