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