Butler National (BUKS) director and 10% owner reports new stock purchases

Rhea-AI Filing Summary

Butler National Corp$3.00 per share. On 12/29/2025, EssigPR, Inc. purchased an additional 2,322 shares at $2.95 per share. Following these transactions, Daly’s indirect beneficial ownership through EssigPR, Inc. increased to 4,357,322 shares of Butler National Corp common stock.

Insider Trade Summary

Net Buyer: 7,322 shares ($21,850)

Net Buy 3 txns

Insider Daly Joseph Patrick

Role Director, 10% Owner

Bought 7,322 shs ($22K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	2,322	$2.95	$7K
Purchase	Common Stock	5,000	$3.00	$15K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 4,357,322 shares (Indirect, EssigPR, Inc.); Common Stock — 4,495,000 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

12/30/2025 - 10:28 AM

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)
12/26/2025

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								4,495,000	D
Common Stock	12/26/2025		P		5,000	A	$3	4,355,000	I	EssigPR, Inc.
Common Stock	12/29/2025		P		2,322	A	$2.95	4,357,322	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	12/30/2025
	** 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.

FAQ

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

Butler National Corp reported that director and 10% owner Joseph Patrick Daly acquired additional shares of the company’s common stock in late December 2025 through EssigPR, Inc.

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

Joseph Patrick Daly, through EssigPR, Inc., purchased 5,000 shares on 12/26/2025 and 2,322 shares on 12/29/2025, for a total of 7,322 shares.

At what prices were the recent BUKS insider share purchases made?

The disclosed purchases were made at prices of $3.00 per share on 12/26/2025 and $2.95 per share on 12/29/2025.

What is Joseph Patrick Daly’s beneficial ownership in Butler National Corp after these trades?

After the reported transactions, Joseph Patrick Daly indirectly beneficially owned 4,357,322 shares of Butler National Corp common stock through EssigPR, Inc.

Is Joseph Patrick Daly considered an insider of Butler National Corp (BUKS)?

Yes. The filing identifies Joseph Patrick Daly as both a Director and a 10% Owner of Butler National Corp.

Were the Butler National Corp (BUKS) shares held directly or indirectly by the reporting person?

The newly acquired shares are reported as held indirectly through EssigPR, Inc., which is listed as the nature of indirect beneficial ownership.