Butler National CFO reports tax share withholding
Butler National Corp Chief Financial Officer Adam Brett Sefchick reported a tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Butler National Corp Chief Financial Officer Adam Brett Sefchick reported a tax-related share disposition. On May 1, 2026, 5,645 shares of Butler National common stock were withheld at $4.075 per share to satisfy tax obligations tied to the vesting of 17,241 restricted shares. After this withholding, he directly holds 46,079 shares of common stock. This was a tax-withholding transaction, not an open-market sale.
Insider Trade Summary
Exercise Price or Tax Liability: 5,645 shares
Exercise Price or Tax Liability
1 txn
Insider
Sefchick Adam Brett
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Butler National Common Stock | 5,645 | $4.075 | $23K |
Holdings After Transaction:
Butler National Common Stock — 46,079 shares (Direct)
Footnotes (1)
- F1. Represents shares previously reported on Form 4 in connection with a restricted stock award granted on May 15, 2025, which were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of 17,241 shares.
Key Figures
Tax-withheld shares: 5,645 shares
Withholding price: $4.075 per share
Shares after transaction: 46,079 shares
+2 more
5 metrics
Tax-withheld shares
5,645 shares
Shares withheld to satisfy tax obligations on May 1, 2026
Withholding price
$4.075 per share
Price per share for 5,645 tax-withheld shares
Shares after transaction
46,079 shares
Directly held Butler National common shares following the withholding
Vested restricted shares
17,241 shares
Restricted stock vesting that triggered tax withholding
Transaction date
May 1, 2026
Date of tax-withholding disposition transaction
Key Terms
restricted stock award, tax withholding obligations, Form 4, Chief Financial Officer, +1 more
5 terms
restricted stock award financial
"in connection with a restricted stock award granted on May 15, 2025"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax withholding obligations financial
"which were withheld by the issuer to satisfy tax withholding obligations"
Form 4 regulatory
"Represents shares previously reported on Form 4 in connection with a restricted stock award"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Financial Officer financial
"officer_title": "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Butler National (BUKS) CFO Adam Brett Sefchick report in this Form 4?
He reported a tax-related share withholding, not an open-market trade. On May 1, 2026, 5,645 Butler National common shares were withheld to cover taxes from a restricted stock vesting, leaving him with 46,079 directly held shares.
Was this Butler National (BUKS) Form 4 an open-market sale by the CFO?
No, the transaction was not an open-market sale. It was coded as an F transaction, meaning shares were delivered back to the issuer to pay tax liabilities arising from the vesting of a prior restricted stock award.
What restricted stock award is referenced in the Butler National (BUKS) Form 4 footnote?
The footnote refers to a restricted stock award previously reported on Form 4 and granted on May 15, 2025. From that 17,241-share award, 5,645 shares were withheld by the issuer to satisfy tax withholding obligations at vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
