Butler National Corp (BUKS) director adds 30K shares in open-market buys
Rhea-AI Filing Summary
Butler National Corp director and ten percent owner Joseph Patrick Daly reported open-market purchases of 30,000 shares of common stock on July 10 and 13, 2026, at prices between $4.32 and $4.45 per share. Following these transactions he directly holds 4,530,000 shares, with an additional 4,360,000 shares held indirectly through EssigPR Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,000 shares ($131,420)
Net Buy
7 txns
Insider
Daly Joseph Patrick
Role
Director, 10% Owner
Bought
30,000 shs ($131K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,500 | $4.45 | $33K |
| Purchase | Common Stock | 2,500 | $4.37 | $11K |
| Purchase | Common Stock | 5,000 | $4.40 | $22K |
| Purchase | Common Stock | 6,000 | $4.35 | $26K |
| Purchase | Common Stock | 7,000 | $4.34 | $30K |
| Purchase | Common Stock | 2,000 | $4.32 | $9K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,527,500 shares (Direct);
Common Stock — 4,360,000 shares (Indirect, EssigPR Inc.)
Footnotes (1)
Key Figures
Common shares purchased: 30,000 shares
Purchase price range: $4.32–$4.45 per share
Direct holdings after transactions: 4,530,000 shares
+1 more
4 metrics
Common shares purchased
30,000 shares
Total open-market purchases on July 10 and 13, 2026
Purchase price range
$4.32–$4.45 per share
Prices paid for BUKS common stock in the reported transactions
Direct holdings after transactions
4,530,000 shares
Common shares directly owned by Joseph Patrick Daly after July 13, 2026 purchases
Indirect holdings
4,360,000 shares
Common shares held indirectly through EssigPR Inc. as of July 10, 2026
Key Terms
open-market purchase, ten percent owner, indirect ownership
3 terms
open-market purchase financial
"Each buy is labeled in the transaction_action field as an open-market purchase"
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.
ten percent owner financial
"The reporting person is indicated as a director and ten percent owner"
indirect ownership financial
"4,360,000 shares are reported with code I, indicating indirect ownership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider buying did BUKS report for Joseph Patrick Daly?
Joseph Patrick Daly reported open-market purchases of 30,000 BUKS shares on July 10 and 13, 2026. The trades were all in Butler National common stock at prices between $4.32 and $4.45 per share.
Who is the insider trading BUKS stock in this Form 4?
The filer is Joseph Patrick Daly, a director and ten percent owner of Butler National Corp (BUKS). He reported several open-market purchases of the company’s common stock, increasing his already substantial ownership position.
At what prices were the recent BUKS insider purchases made?
Daly’s BUKS purchases were executed at prices ranging from $4.32 to $4.45 per share. Individual trades included 2,000–7,500 shares each, all classified as open-market purchases of Butler National common stock.
Does this BUKS Form 4 show any derivative securities transactions?
No derivative securities are reported in this BUKS Form 4. The derivativeSummary is empty, and all listed positions and transactions involve Butler National common stock only, both for direct holdings and indirect holdings through EssigPR Inc.
What portion of Daly’s BUKS holdings are indirect?
The filing lists 4,360,000 BUKS shares as held indirectly through EssigPR Inc., compared with 4,530,000 shares held directly. This indicates a sizable indirect stake alongside his large direct ownership in Butler National common stock.