Butler National director awarded 3,255 shares

Bowen Julie Marie reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bowen Julie Marie reported acquisition or exercise transactions in this Form 4 filing.

Butler National Corp director Julie Marie Bowen received a stock grant of 3,255 shares of Butler National Common Stock at a reported value of $3.84 per share. This was a compensation-related award rather than an open-market purchase, bringing her direct holdings to 23,861 shares.

Insider Trade Summary

Grant/Award: 3,255 shares

Grant/Award 1 txn

Insider Bowen Julie Marie

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Butler National Common Stock	3,255	$3.84	$12K

Holdings After Transaction: Butler National Common Stock — 23,861 shares (Direct)

FAQ

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What did Butler National (BUKS) director Julie Marie Bowen report on this Form 4?

Julie Marie Bowen reported receiving a grant of 3,255 shares of Butler National Common Stock. The award was recorded at $3.84 per share and increased her directly held stake to 23,861 shares after the transaction.

Was Julie Marie Bowen buying or selling Butler National (BUKS) shares?

She was not buying or selling in the open market. The Form 4 shows an acquisition coded as a grant or award, meaning the company granted her 3,255 shares as compensation rather than a market trade.

How many Butler National (BUKS) shares does Julie Marie Bowen own after this award?

After receiving the 3,255-share grant, Julie Marie Bowen directly holds 23,861 shares of Butler National Common Stock. This figure reflects her position immediately following the reported compensation-related transaction on the Form 4.

What price per share was used for Julie Marie Bowen’s Butler National (BUKS) stock grant?

The reported value for the stock grant was $3.84 per share. This price is used in the Form 4 to describe the 3,255-share Butler National Common Stock award that increased her direct ownership to 23,861 shares.

Is Julie Marie Bowen’s Butler National (BUKS) transaction a routine compensation grant?

The transaction is coded “A” for grant, award, or other acquisition, indicating a compensation-related stock award. It reflects shares granted by Butler National rather than an open-market purchase or sale by Julie Marie Bowen.

Does the Form 4 for Butler National (BUKS) show any stock sales by Julie Marie Bowen?

No stock sales are reported for Julie Marie Bowen in this Form 4. The filing shows only one acquisition transaction, a 3,255-share grant of Butler National Common Stock that brought her direct holdings to 23,861 shares.

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

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Accepted by SEC EDGAR 03/18/2026 - 05:59 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
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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^*

Bowen Julie Marie

(Last) (First) (Middle)

5708 PAYNE STREET

(Street)

SHAWNEE KANSAS 66226

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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
Butler National Common Stock	03/17/2026		A		3,255	A	$3.84	23,861	D

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:

Remarks:

	/s/ Julie Marie Bowen	03/18/2026
	** 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)