Butler National Corp (BUKS) director and 10% owner adds to shareholdings

Rhea-AI Filing Summary

Butler National Corp insider trading report: Director and 10% owner Joseph Patrick Daly reported open-market purchases of Butler National Corp common stock. On 12/19/2025, he acquired 4,528 shares at a price of $2.76 per share, and on 12/23/2025 he purchased an additional 472 shares at $3.12 per share. Following these transactions, he beneficially owned 4,495,000 shares directly and 4,350,000 shares indirectly through EssigPR, Inc.

Insider Trade Summary

Net Buyer: 472 shares ($1,473)

Net Buy 3 txns

Insider Daly Joseph Patrick

Role Director, 10% Owner

Bought 472 shs ($1K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	472	$3.12	$1K
Grant/Award	Common Stock	4,528	$2.76	$12K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 4,495,000 shares (Direct); Common Stock — 4,350,000 shares (Indirect, EssigPR, Inc.)

Footnotes (1)

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Accepted by SEC EDGAR 12/23/2025 - 12:37 PM Learn about SEC filing dates

FAQ

What insider transaction did Butler National Corp (BUKS) report?

Butler National Corp reported that director and 10% owner Joseph Patrick Daly acquired additional shares of the company’s common stock in two open-market purchases.

How many Butler National Corp (BUKS) shares did Joseph Patrick Daly buy?

On 12/19/2025, Joseph Patrick Daly bought 4,528 Butler National Corp shares, and on 12/23/2025 he bought an additional 472 shares.

At what prices were the recent Butler National Corp (BUKS) insider purchases made?

The reported purchases were made at $2.76 per share on 12/19/2025 and $3.12 per share on 12/23/2025.

How many Butler National Corp (BUKS) shares does Joseph Patrick Daly now beneficially own?

After these transactions, Joseph Patrick Daly beneficially owned 4,495,000 Butler National Corp shares directly and 4,350,000 shares indirectly through EssigPR, Inc.

What is Joseph Patrick Daly’s relationship to Butler National Corp (BUKS)?

Joseph Patrick Daly is reported as a director and a 10% owner of Butler National Corp.

Does this Butler National Corp (BUKS) filing involve any derivative securities?

The filing includes a table for derivative securities, but no derivative transactions are reported in the provided content.

SEC Form 4

FORM 4

UNITED 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 OH 45246

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BUTLER NATIONAL CORP [ BUKS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/19/2025		A		4,528	A	$2.76	4,494,528	D
Common Stock	12/23/2025		P		472	A	$3.12	4,495,000	D
Common Stock								4,350,000	I	EssigPR, 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Joseph Patrick Daly	12/23/2025
	** Signature of Reporting Person	Date
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.