STOCK TITAN

Butler National (BUKS) boosts Executive Chairman Jeffrey Yowell’s annual pay to $340,000

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Butler National Corporation disclosed a change in executive compensation. On June 4, 2026, the Compensation Committee approved a $90,000 cash increase in the annual compensation paid to Executive Chairman Jeffrey D. Yowell, effective as of June 1, 2026.

After this change, Mr. Yowell’s total annual compensation as Executive Chairman is $340,000, which includes the $90,000 amount paid to all non-employee directors. He did not participate in the Committee’s discussion and abstained from voting on this matter.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Compensation increase $90,000 per year Cash increase in annual compensation approved June 4, 2026
Total annual compensation $340,000 per year Executive Chairman Jeffrey D. Yowell after increase, effective June 1, 2026
Non-employee director cash amount $90,000 per year Included within Mr. Yowell’s total compensation
Form type Form 8-K Current report on Item 8.01 Other Events
Compensation Committee financial
"On June 4, 2026, Butler National Corporation’s Compensation Committee approved a $90,000 cash increase"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
non-employee directors financial
"which includes the $90,000 paid to all non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What compensation change did Butler National (BUKS) report for its Executive Chairman?

Butler National approved a $90,000 cash increase in annual compensation for Executive Chairman Jeffrey D. Yowell. His total annual compensation is now $340,000, including the $90,000 paid to all non-employee directors, effective as of June 1, 2026.

What is Jeffrey D. Yowell’s new total annual compensation at Butler National (BUKS)?

Jeffrey D. Yowell now receives total annual compensation of $340,000 as Executive Chairman. This figure includes a $90,000 amount paid to all non-employee directors and reflects a $90,000 cash increase approved by the Compensation Committee.

When did the compensation increase for Butler National’s Executive Chairman become effective?

The compensation increase for Executive Chairman Jeffrey D. Yowell became effective on June 1, 2026. The Compensation Committee approved the $90,000 cash increase on June 4, 2026, and the updated total annual compensation is now $340,000.

Did Jeffrey D. Yowell participate in the decision on his compensation at Butler National (BUKS)?

Jeffrey D. Yowell did not participate in the Compensation Committee’s decision on his compensation. He took no part in the Committee’s discussion and abstained from voting on the $90,000 annual cash increase approved for his role as Executive Chairman.

How does the Butler National (BUKS) filing describe the role of non-employee director pay in Yowell’s compensation?

The filing explains that Jeffrey D. Yowell’s $340,000 total annual compensation includes $90,000 paid to all non-employee directors. This means his Executive Chairman pay package incorporates the standard non-employee director cash amount within his overall compensation structure.
false000001584700000158472026-06-042026-06-04

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) June 4, 2026
BUTLER NATIONAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Kansas
(State or Other Jurisdiction of Incorporation)
0-1678
 (Commission File Number)
41-0834293
 (IRS Employer Identification No.)
One Aero Plaza, New Century, Kansas
 (Address of Principal Executive Offices)
66031
 (Zip Code)
913-780-9595
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
NoneNoneNone
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 8.01Other Events
On June 4, 2026, Butler National Corporation’s Compensation Committee (the “Committee”) approved a $90,000 cash increase in the annual compensation paid to Jeffrey D. Yowell as Executive Chairman of the Board of the Directors, effective as of June 1, 2026. After giving effect to the change, Mr. Yowell receives a total of $340,000 per year, which includes the $90,000 paid to all non-employee directors. Mr. Yowell took no part in the Committee’s discussion and abstained from voting on the matter.
 Item 9.01Financial Statements and Exhibits
 Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
  
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
BUTLER NATIONAL CORPORATION
(Registrant)
June 10, 2026
Date
/s/ Christopher J. Reedy
Christopher J. Reedy
(Chief Executive Officer, President and Secretary)

Filing Exhibits & Attachments

3 documents