Form 4: Butler National Corp Director Loh Michael Anthony Acquires 2,000 Shares
SEC Form 4 Filing
Director Michael Anthony Loh purchased 2,000 shares of Butler National Corp (BUKS) at $1.31 per share on September 26, 2024.
Summary
- On September 26, 2024, Michael Anthony Loh, a director of Butler National Corp (BUKS), acquired 2,000 shares of common stock.
- The purchase price was $1.31 per share.
- Following the transaction, Loh directly owns 84,850 shares of Butler National Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction disclosure. A director buying shares is generally viewed as a slightly positive sign, but without more context, it's difficult to gauge the significance.
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
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of transaction: Michael Anthony Loh purchased 2,000 shares of BUKS. |
| 09/27/2024 | Date of signature on the Form 4 filing. |
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