Form 4: Butler National Corp Director Loh Michael Anthony Acquires 3,000 Shares
SEC Form 4 Filing
Director Michael Anthony Loh of Butler National Corp (BUKS) purchased 3,000 shares of common stock at $1.27 per share on October 2, 2024.
Summary
- On October 2, 2024, Michael Anthony Loh, a director of Butler National Corp (BUKS), acquired 3,000 shares of common stock.
- The purchase price was $1.27 per share.
- Following the transaction, Loh directly owns 94,850 shares of Butler National Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock purchase by a company director. It doesn't inherently convey strong positive or negative sentiment.
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 a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The stock purchase by a director could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of the transaction: Michael Anthony Loh purchased 3,000 shares of Butler National Corp. |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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