Form 4: Butler National Corp Director Daly Acquires Additional Shares
SEC Form 4 Filing
Director Joseph Patrick Daly reports acquisition of 4,750 shares of Butler National Corp at $1.40 per share.
Summary
- On October 11, 2024, Joseph Patrick Daly, a director and 10% owner of Butler National Corp, acquired 4,750 shares of common stock at a price of $1.40 per share.
- Following the transaction, Daly directly owns 4,025,000 shares and indirectly owns 4,130,000 shares through EssigPR, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, and 10% owners) buy or sell their company's stock. They provide transparency into insider activity and can be monitored for signals about a company's prospects.
Stakeholder Impact
- Shareholders may view insider purchases as a positive signal, indicating confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 10/11/2024 | Date of transaction: Joseph Patrick Daly acquired 4,750 shares of Butler National Corp. |
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