Daly Joseph Patrick 4

What Happened

• Daly Joseph Patrick, a reported 10% owner of Butler National Corp (BUKS), acquired a total of 4,000 shares in two transactions: a 3,255-share award on 2026-03-17 (priced at $3.84, value ~$12,499) and an open-market purchase of 745 shares on 2026-03-19 (priced at $3.93, value ~$2,928). Combined consideration for these acquisitions is roughly $15,427.
• Both entries are acquisitions (code A = award/grant; code P = open-market purchase), which are purchases/award events rather than sales.

Key Details

• Transaction dates & prices:
  • 2026-03-17: Award of 3,255 shares at $3.84 (≈ $12,499)
  • 2026-03-19: Open-market purchase of 745 shares at $3.93 (≈ $2,928)
• Total shares acquired: 4,000; total value: ≈ $15,427.
• Shares owned following the reported transactions: not provided in the data you supplied.
• Filing: Form 4 was filed on 2026-03-19. The filings appear to be within the typical 2-business-day reporting window.
• Insider status: Daly is reported as a 10% owner (a principal shareholder), not necessarily an executive. No 10b5-1 plan, tax withholding, or other footnotes were supplied.

Context

• Awards (A) are often compensation-related; open-market purchases (P) represent a direct buy. Purchases and awards increase insider ownership, but do not by themselves explain motives.
• As a 10% owner, Daly is a significant shareholder; such transactions reflect principal-level activity rather than routine executive salary sales.