Form 4: Butler National Director Increases Stake

Joseph Patrick Daly, a Director and 10% owner of Butler National Corp, purchased 4,308 shares of common stock at $2.30 per share.

Summary

• Joseph Patrick Daly, a Director and 10% owner of Butler National Corp (BUKS), reported a transaction in the company's common stock.
• On October 6, 2025, Mr. Daly acquired 4,308 shares of Common Stock through a purchase (Transaction Code 'P').
• The shares were purchased at a price of $2.30 per share.
• Following this transaction, Mr. Daly directly owns 4,490,000 shares of Common Stock.
• Additionally, Mr. Daly indirectly owns 4,350,000 shares of Common Stock through EssigPR, Inc.

Sentiment

Score: 7

Explanation: The purchase of additional shares by a director and 10% owner indicates confidence in the company's future, which is generally a positive signal for investors.

Positives

• A Director and 10% owner, Joseph Patrick Daly, increased his direct beneficial ownership in Butler National Corp by purchasing 4,308 shares.
• Insider buying often signals management's confidence in the company's future prospects and valuation.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal, potentially increasing confidence in the company's stock.

Key Dates

Recommendation

The purchase of additional shares by a Director and 10% owner, Joseph Patrick Daly, signals strong insider confidence in Butler National Corp's future performance and current valuation. Such insider buying is often interpreted by seasoned investors as a positive indicator, suggesting potential upside for the stock.

Keywords

Butler National Corp, BUKS, Insider Trading, Form 4, Joseph Patrick Daly, Stock Purchase, Director, 10% Owner