Daly Joseph Patrick Buys 30,000 Shares of BUTLER NATIONAL CORP
Executive Daly Joseph Patrick purchased 30,000 shares of BUTLER NATIONAL CORP at $4.37 per share, totaling $131,420. This transaction was reported to the SEC within 2 business days following the trade.
Executive Daly Joseph Patrick purchased 30,000 shares of BUTLER NATIONAL CORP at $4.37 per share, totaling $131,420, as indicated in the Form 4 filing submitted to the SEC.
Who is Daly Joseph Patrick and What is His Real Role at BUTLER NATIONAL CORP
Daly Joseph Patrick is an executive at BUTLER NATIONAL CORP, meaning he holds a key position within the company. As an executive, he has access to privileged information about the company, enabling him to make informed decisions regarding his investments.
Daly Joseph Patrick's role within BUTLER NATIONAL CORP provides him with an overview of the company, including its financial performance, strategies, and prospects. This allows him to better understand the company's strengths and weaknesses and make investment decisions accordingly.
As an executive, Daly Joseph Patrick is also subject to strict regulatory requirements, particularly regarding the declaration of his transactions in the company's shares to the SEC. This means he must report all his transactions involving BUTLER NATIONAL CORP shares to the SEC within 2 business days of the trade.
Transaction Details: 30,000 Shares at $4.37 Each
The transaction executed by Daly Joseph Patrick involves the purchase of 30,000 shares of BUTLER NATIONAL CORP at $4.37 per share. The per-share price is $4.37, which means the total value of the transaction amounts to $131,420.
It is important to note that the per-share price and the total transaction value are two different figures. The per-share price is the price at which each share was purchased, while the total transaction value is the total amount spent to purchase the 30,000 shares.
The date of the transaction is July 14, 2026, and it was reported to the SEC within 2 business days following the trade, in compliance with regulatory requirements.
Why Insiders Buy Their Own Shares â Possible Reasons
There are several possible reasons why insiders, such as Daly Joseph Patrick, purchase shares of their own company. One of the most common reasons is confidence in the company's prospects. If an executive believes the company has a promising future, they may decide to purchase shares to benefit from potential growth.
Another possible reason is portfolio diversification. Executives may have investments in other companies or assets and may decide to purchase shares of their own company to diversify their portfolio and reduce their exposure to risk.
It is also possible that insiders purchase shares for tax-related reasons. For example, they may decide to purchase shares to take advantage of the tax benefits associated with owning shares of their own company.
How Individual Investors Can Follow Form 4 Filings
Individual investors can follow the Form 4 filings submitted by insiders, such as Daly Joseph Patrick, to obtain information about share transactions involving the company. These filings are submitted to the SEC and are publicly accessible on the SEC's website.
There are also free online tools available that allow individual investors to track Form 4 filings and obtain information about share transactions involving the company. These tools can help investors make informed decisions about their investments.
However, it is important to note that Form 4 filings do not necessarily provide a complete picture of the company's situation. Insiders may have