As of November 6, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Butler National Corp. The largest reported stake is Daly Joseph Patrick's, at 6.9%. One filing is on record since September 24, 2025 (Schedule 13D/A, September 24, 2025).
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Butler National Corp has 1 Schedule 13D or 13G filing on record since 2025-09-24. 1 holder's latest filing reports 5% or more of common stock. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| 6.9% | 4,460,000 | SCHEDULE 13D/A, 2025-09-24 | 2025-09-23 |
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Butler National Corp elsewhere on the record
- Leadership changes Jul 2026
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Purpose of Transaction (Item 4)
Daly Joseph Patrick
The Reporting Persons purchased the Shares for investment purposes. The Reporting Persons are continuing to review the performance of their investment and their investment alternatives. As part of their ongoing review of their investment in the Shares, the Reporting Persons may explore from time to time a variety of alternatives, including the acquisition of additional securities of the Issuer or the disposition of securities of the Issuer in the open market or in privately negotiated transactions. The Reporting Persons may explore other alternatives with respect to their investment in the Shares, including but not limited to an extraordinary corporate transaction involving the Issuer, changes in the present board of directors or management of the Issuer, or changes in the Issuer's business or corporate structure. Although the foregoing reflects activities presently contemplated by the Reporting Person with respect to the Issuer, the foregoing is subject to change at any time, and there can be no assurance that the Reporting Person will take any of the actions referred to above. Except as set forth in the preceding paragraphs, as of the date hereof, the Reporting Persons do not have any plan or proposal that relates to or would result in: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization, or liquidation, involving the …The first part of Item 4 of the SCHEDULE 13D/A filed 2025-09-24; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-09-24 | Daly Joseph Patrick | 6.9% | SCHEDULE 13D/A |
Also on the record for Butler National Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| June 15, 2026 | Leadership change: Adam B. Sefchick appointed, Chief Executive Officer | — | Leadership changes | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.