Daly Joseph Patrick 4

What Happened
Daly Joseph Patrick, listed as a 10% owner of Butler National Corp (ticker: BUKS), reported a purchase of 1,000 shares on 2026-03-20. The shares were acquired at $3.88 per share for a total transaction value of $3,880 (Form 4 code: P — open market or private purchase). Purchases are often viewed as more informative than sales, but this report is factual and does not indicate motivation.

Key Details

• Transaction date: 2026-03-20; Price: $3.88 per share; Shares bought: 1,000; Total value: $3,880.
• Filing date: 2026-03-23 (Form 4 filed within standard two-business-day window; not identified as late).
• Insider role: 10% owner (large shareholder), not necessarily an executive.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/notes: Transaction coded as P (open market or private purchase); no 10b5-1 plan, tax withholding, or other special footnotes supplied in the excerpt.

Context
As a 10% owner, Daly’s purchase reflects activity by a significant shareholder rather than routine option exercises or executive compensation. While purchases can signal confidence, retail investors should consider this single, small-value buy ($3,880) alongside broader ownership trends, company fundamentals, and additional insider filings before drawing conclusions.