STOCK TITAN

Butler National (BUKS) director Daly adds shares through purchase and grant

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Butler National Corp director and ten percent owner Joseph Patrick Daly reported acquiring additional Common Stock on July 14, 2026. He purchased 2,126 shares in an open-market transaction at $4.66 per share and received a grant of 2,874 shares at $4.35 per share. After these transactions, he reported holding 4,535,000 shares directly and 4,360,000 shares indirectly through EssigPR Inc.

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Negative

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Insider Daly Joseph Patrick
Role Director, 10% Owner
Bought 2,126 shs ($10K)
Type Security Shares Price Value
Grant/Award Common Stock 2,874 $4.35 $13K
Purchase Common Stock 2,126 $4.66 $10K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 4,535,000 shares (Direct); Common Stock — 4,360,000 shares (Indirect, EssigPR Inc.)
Open-market purchase 2,126 shares Common Stock purchased on July 14, 2026
Purchase price $4.66 per share Price for 2,126-share open-market purchase
Share grant 2,874 shares Grant/award of Common Stock on July 14, 2026
Grant price $4.35 per share Reported value for 2,874-share grant/award
Direct holdings after transactions 4,532,874 shares Common Stock held directly following reported acquisitions
Indirect holdings 4,360,000 shares Common Stock held indirectly through EssigPR Inc.
Net buy shares 2,126 shares Net buy/sell direction from transaction summary
open-market purchase financial
"transaction_action is described as an open-market purchase of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
grant/award acquisition financial
"transaction_action is categorized as a grant/award acquisition of shares"
indirect ownership financial
"Common Stock reported as indirect ownership through EssigPR Inc."
ten percent owner financial
"reporting person is identified as a ten percent owner of the issuer"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider activity did BUKS director Joseph Patrick Daly report on July 14, 2026?

Joseph Patrick Daly reported acquiring Common Stock on July 14, 2026, including an open-market purchase and a share grant. The filing shows both a 2,126-share purchase at $4.66 and a 2,874-share grant at $4.35 per share.

How many Butler National (BUKS) shares did Joseph Patrick Daly buy in the open market?

He bought 2,126 shares of Butler National Corp Common Stock in an open-market transaction. The reported purchase price was $4.66 per share, reflecting a discretionary acquisition in addition to a separate grant of shares the same day.

What share grant did Joseph Patrick Daly receive from Butler National Corp (BUKS)?

Joseph Patrick Daly received a grant of 2,874 shares of Butler National Corp Common Stock. The grant is reported at $4.35 per share, categorized as a grant/award acquisition rather than an open-market transaction.

What are Joseph Patrick Daly’s reported Butler National (BUKS) holdings after these transactions?

After the reported transactions, Daly is shown holding 4,532,874 shares of Common Stock directly. In addition, he reports 4,360,000 shares held indirectly through EssigPR Inc., reflecting both direct and indirect ownership positions.

Does Joseph Patrick Daly hold Butler National (BUKS) shares indirectly through an entity?

Yes. The filing lists 4,360,000 shares of Butler National Corp Common Stock held indirectly through EssigPR Inc.. This position is reported as indirect ownership, separate from Daly’s directly held shares of the company.

Is Joseph Patrick Daly a ten percent owner of Butler National Corp (BUKS)?

Yes. The Form 4 identifies Joseph Patrick Daly as both a director and a ten percent owner of Butler National Corp. His reported direct and indirect holdings together support this ownership status as disclosed in the filing.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Daly Joseph Patrick

(Last)(First)(Middle)
497 CIRCLE FREEWAY

(Street)
CINCINNATI OHIO 45246

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BUTLER NATIONAL CORP [ BUKS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/14/2026A2,874A$4.354,532,874D
Common Stock07/14/2026P2,126A$4.664,535,000D
Common Stock4,360,000IEssigPR Inc.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Joseph P Daly07/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)