Form 4: Butler National Corp Director Loh Michael Anthony Acquires 2,000 Shares

Sentiment:

SEC Form 4


Director Michael Anthony Loh of Butler National Corp purchased 2,000 shares of common stock at $1.3 per share on October 1, 2024.

Summary

  • On October 1, 2024, Michael Anthony Loh, a director of Butler National Corp, acquired 2,000 shares of the company's common stock.
  • The purchase price was $1.3 per share.
  • Following the transaction, Loh directly owns 91,850 shares of Butler National Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction is small and may not be highly significant.

Positives

  • A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into a company's performance and future prospects. A director's purchase is generally viewed more favorably than a sale.

Stakeholder Impact

  • The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
10/01/2024Date of transaction: Michael Anthony Loh purchased 2,000 shares of Butler National Corp common stock.
10/02/2024Date of signature on the SEC Form 4 filing.

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