Butler National director buys 4,000 shares

Director and major holder Joseph Patrick Daly reported a 4,000‑share open‑market purchase of Butler National common stock at $4.10 per share.

Rhea-AI Filing Summary

BUTLER NATIONAL CORP (BUKS) director and ten percent owner Joseph Patrick Daly reported buying additional common stock. On September 21, 2026, he purchased 4,000 shares of common stock in an open market or private transaction at $4.10 per share, held directly.

After this purchase, Daly directly held 4,540,500 common shares and also had an indirect position of 4,360,000 common shares held through EssigPR Inc. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 4,000 shares

Net Buy 2 txns

Insider Daly Joseph Patrick

Role Director, 10% Owner

Bought 4,000 shs ($16K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	4,000	$4.10	$16K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 4,540,500 shares (Direct); Common Stock — 4,360,000 shares (Indirect, EssigPR Inc.)

Key Figures

Shares purchased: 4,000 shares Purchase price per share: $4.10 per share Direct holdings after transaction: 4,540,500 shares +2 more

5 metrics

Shares purchased 4,000 shares Common Stock purchased on September 21, 2026

Purchase price per share $4.10 per share Open market or private purchase on September 21, 2026

Direct holdings after transaction 4,540,500 shares Common Stock held directly by Joseph Patrick Daly after September 21, 2026 purchase

Indirect holdings 4,360,000 shares Common Stock held indirectly through EssigPR Inc.

Net shares bought 4,000 shares Net buy across reported non-derivative transactions in this Form 4

Key Terms

open market or private transaction, Common Stock, indirect

3 terms

open market or private transaction market

"purchased 4,000 shares of common stock in an open market or private transaction"

Common Stock financial

"purchased 4,000 shares of common stock in an open market"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

indirect financial

"an indirect position of 4,360,000 common shares held through EssigPR Inc."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BUKS report for Joseph Patrick Daly?

Joseph Patrick Daly bought 4,000 Butler National common shares on September 21, 2026, in an open market or private transaction at $4.10 per share, increasing his directly held position.

At what price did the BUKS insider purchase shares?

The reported insider purchase was made at $4.10 per share for Butler National common stock on September 21, 2026.

How many BUKS shares does Joseph Patrick Daly hold after this transaction?

After the transaction, Joseph Patrick Daly held 4,540,500 BUKS common shares directly and 4,360,000 common shares indirectly through EssigPR Inc.

Was the BUKS insider trade made under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for the reported Butler National common stock transaction.

What is the nature of Joseph Patrick Daly’s indirect ownership in BUKS?

The filing shows an indirect holding of 4,360,000 BUKS common shares held through EssigPR Inc., in addition to Daly’s directly held shares.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/21/2026 - 04:28 PM Accepted by SEC EDGAR 09/21/2026 - 04:27 PM Learn about SEC filing dates

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/21/2026		P		4,000	A	$4.1	4,540,500	D
Common Stock								4,360,000	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 P Daly	09/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)