Daly Joseph Patrick purchased $61K of BUKS
Daly Joseph Patrick purchased 15,000 shares of BUTLER NATIONAL CORP (BUKS) at an average of $4.09 ($4.04–$4.13) across 3 trades over 2026-10-01 to 2026-10-02.
How this was made
The 30-second read
Why it matters
The insider purchase adds a small bullish signal but is unlikely to cause a material price move on its own.
Market read
A modest insider purchase that may provide a slight positive bias for the stock.
What to watch
Potential upcoming corporate actions or financing needs not disclosed could affect the significance of the buy.
Background
Form 4 filings disclose insider transactions; they are used by traders to gauge insider sentiment.
Ticker impact
Director and 10% owner Daly Joseph Patrick bought 15,000 shares for $61K, increasing his stake to 4,565,000 shares.
likely modest upward pressure as market absorbs insider buying
Form 4 is a primary source; the purchase is a direct buy by a senior insider, which typically signals confidence and can attract buyers.
Market effects
Minimal impact on the broader sector; only relevant to Butler National Corp. investors.
None
None
Counterpoint
The purchase size is modest relative to total shares; may not be enough to move the stock significantly.
Key entities
- CompanyButler National Corp.
Issuer of the Form 4 filing.
- PersonDaly Joseph Patrick
Director and 10% owner of Butler National Corp.