Form 4: Butler National Director Buys 15,000 Shares

Joseph Patrick Daly, a Director and 10% owner of Butler National Corp, purchased 15,000 shares of common stock.

Summary

• Joseph Patrick Daly, a Director and 10% owner of Butler National Corp (BUKS), acquired 15,000 shares of common stock.
• The transaction occurred on September 16, 2025, at a price of $1.65 per share.
• This purchase was executed under a Rule 10b5-1(c) contract, instruction, or written plan.
• Following this transaction, Mr. Daly directly beneficially owns 4,405,000 shares of common stock.
• Additionally, Mr. Daly indirectly beneficially owns 4,330,000 shares of common stock through EssigPR, Inc.

Sentiment

Score: 7

Explanation: The sentiment is positive due to a significant insider purchase by a Director and 10% owner, indicating confidence in the company's prospects.

Positives

• A Director and 10% owner, Joseph Patrick Daly, increased his stake in Butler National Corp by purchasing 15,000 shares, signaling confidence in the company's future.
• The transaction was conducted at $1.65 per share, indicating a specific valuation at which the insider chose to invest further.

Future Outlook

This filing does not contain forward-looking statements or guidance from the company, as it is a report of an individual insider transaction.

Industry Context

This insider transaction is specific to Butler National Corp and does not provide broader industry trends or competitive insights. However, insider buying can be a positive signal within its specific industry context.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive signal, potentially increasing investor confidence in the company's future performance and valuation.

Key Dates

Recommendation

The purchase of 15,000 shares by a Director and 10% owner, Joseph Patrick Daly, at a price of $1.65 per share, signals strong insider confidence in Butler National Corp's valuation and future prospects. Insider buying is generally considered a bullish indicator, suggesting that those with the most intimate knowledge of the company believe its stock is undervalued or poised for growth. This action, especially from a significant owner, provides a positive signal to the market.

Keywords

Butler National Corp, BUKS, Insider Trading, Form 4, Stock Purchase, Joseph Patrick Daly, Director, 10% Owner, Equity Acquisition, Rule 10b5-1