Form 4: Butler National Corp Director Loh Michael Anthony Buys and Disposes of Shares
SEC Form 4 Filing
Director Michael Anthony Loh of Butler National Corp reports acquiring 40,000 shares and disposing of 60,000 shares of common stock on September 24, 2024.
Summary
- On September 24, 2024, Michael Anthony Loh, a director of Butler National Corp, engaged in transactions involving the company's common stock.
- Loh acquired 40,000 shares at a price of $1.4 per share.
- Simultaneously, Loh disposed of 60,000 shares.
- Following these transactions, Loh's beneficial ownership of Butler National Corp's common stock is reflected in the report.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders may be interested in this information as it reflects the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of stock acquisition and disposition. |
| 09/27/2024 | Date of signature on the report. |
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