Butler National director buys 1,500 shares on Sept. 15

BUTLER NATIONAL CORP (BUKS) director and ten percent owner Joseph Patrick Daly reported buying a total of 1,500 shares of common stock on September 15, 2026 in three open-market or private transactions at prices between $3.90 and $4.04 per share.

Rhea-AI Filing Summary

BUTLER NATIONAL CORP (BUKS) director and ten percent owner Joseph Patrick Daly reported buying a total of 1,500 shares of common stock on September 15, 2026 in three open-market or private transactions at prices between $3.90 and $4.04 per share. A separate holding entry lists 4,360,000 shares held indirectly through EssigPR Inc. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Buyer: 1,500 shares

Net Buy 4 txns

Insider Daly Joseph Patrick

Role Director, 10% Owner

Bought 1,500 shs ($6K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	96	$3.90	$374.40
Purchase	Common Stock	404	$3.91	$2K
Purchase	Common Stock	1,000	$4.04	$4K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 4,536,500 shares (Direct); Common Stock — 4,360,000 shares (Indirect, EssigPR Inc.)

Key Figures

Shares purchased at $3.90: 96 shares Shares purchased at $3.91: 404 shares Shares purchased at $4.04: 1,000 shares +2 more

5 metrics

Shares purchased at $3.90 96 shares Common stock bought September 15, 2026 at $3.90 per share

Shares purchased at $3.91 404 shares Common stock bought September 15, 2026 at $3.91 per share

Shares purchased at $4.04 1,000 shares Common stock bought September 15, 2026 at $4.04 per share

Total shares purchased 1,500 shares Net common stock purchases reported for September 15, 2026

Indirect holdings via EssigPR Inc. 4,360,000 shares Common stock held indirectly as of September 15, 2026

Key Terms

open market or private transaction, indirect ownership, Rule 10b5-1 plan

3 terms

open market or private transaction financial

"Purchase in open market or private transaction"

indirect ownership financial

"shares held indirectly through EssigPR Inc."

Rule 10b5-1 plan regulatory

"No Rule 10b5-1 plan is reported for these purchases"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

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

What insider transactions did BUKS director Joseph Patrick Daly report?

He reported purchasing 1,500 shares of Butler National Corp common stock on September 15, 2026, in three open-market or private transactions at per-share prices ranging from $3.90 to $4.04.

At what prices did Joseph Patrick Daly buy BUKS shares?

On September 15, 2026, he bought 96 shares at $3.90, 404 shares at $3.91, and 1,000 shares at $4.04 per share, all reported as open-market or private transactions.

How many BUKS shares does EssigPR Inc. hold for Joseph Patrick Daly?

A holding entry reports 4,360,000 shares of Butler National Corp common stock held indirectly through EssigPR Inc. as of September 15, 2026.

Were Joseph Patrick Daly’s BUKS stock purchases under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, so no Rule 10b5-1 trading plan is reported for these September 15, 2026 purchases.

What is Joseph Patrick Daly’s role at Butler National Corp (BUKS)?

He is identified as both a director and a ten percent owner of Butler National Corp in the insider ownership information accompanying this Form 4.

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

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Available on EDGAR 09/17/2026 - 04:40 PM Accepted by SEC EDGAR 09/17/2026 - 04:40 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)
09/15/2026

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	09/15/2026		P		96	A	$3.9	4,535,096	D
Common Stock	09/15/2026		P		404	A	$3.91	4,535,500	D
Common Stock	09/15/2026		P		1,000	A	$4.04	4,536,500	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	09/17/2026
	** 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)