Form 4: Butler National Corp Director Loh Michael Anthony Acquires 22,850 Shares

Director Michael Anthony Loh purchased 22,850 shares of Butler National Corp (BUKS) at $1.36 per share on September 25, 2024, increasing his total holdings to 82,850 shares.

Summary

• On September 25, 2024, Michael Anthony Loh, a director of Butler National Corp (BUKS), acquired 22,850 shares of common stock.
• The purchase price was $1.36 per share.
• Following the transaction, Loh directly owns 82,850 shares of Butler National Corp.

Sentiment

Score: 6

Explanation: Insider buying is generally viewed as a positive sign, suggesting confidence in the company's prospects, but the transaction is relatively 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

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive signal.

Key Dates