Daly Joseph Patrick purchased $131K of BUKS
Daly Joseph Patrick purchased 30,000 shares of BUTLER NATIONAL CORP (BUKS) at an average of $4.38 ($4.32–$4.45, $0.13M total) across 6 trades over 2026-07-10 to 2026-07-13.
How this was made
The 30-second read
Why it matters
The newest concrete fact is the disclosed open-market purchase size, price range, and post-transaction holdings; it may slightly improve sentiment but lacks fundamental new information.
Market read
Traders may monitor for follow-on insider activity, but the disclosure alone is unlikely to drive a sustained repricing.
What to watch
The article does not state whether the purchases were part of a broader pattern, whether there were concurrent sales, or the insider’s cost basis and prior holdings beyond post-transaction shares.
Background
The filing is an SEC Form 4 insider transaction for BUTLER NATIONAL CORP, reported by director and 10% owner Daly Joseph Patrick.
Ticker impact
SEC Form 4 shows director/10% owner Daly Joseph Patrick bought 30,000 shares of BUTLER NATIONAL CORP at $4.3200 to $4.4500 (avg $4.3807).
Likely limited near-term impact; any effect should be modest and sentiment-driven unless followed by additional disclosures.
The filing is a primary-source insider transaction with a defined size ($131.4k) and role (director, 10% owner), but it does not include new company performance, guidance, or corporate actions.
Market effects
No sector-level implications; this is company-specific insider buying.
None indicated.
None indicated.
Counterpoint
Insider buying can be routine or driven by diversification/compensation mechanics, especially when not tied to a 10b5-1 plan.
Key entities
- issuerBUTLER NATIONAL CORP
Company whose shares were purchased by an insider, per SEC Form 4.
- insiderDaly Joseph Patrick
Director and 10% owner who executed the open-market purchases.