{"filings":[{"id":1040676,"accession_number":"0000015847-26-000013","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2026-06-15T13:29:46+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CEO Christopher J. Reedy retires due to health; CFO Adam Sefchick named Interim CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christopher J. Reedy retired as CEO effective June 15, 2026 due to health considerations; will remain on Board and as special advisor until July 1, 2027.","Adam B. Sefchick, age 48, currently CFO, appointed Interim CEO and President, retaining CFO role; will serve as principal executive and financial officer.","Board will immediately initiate search for permanent CEO; Executive Chairman Jeff Yowell to oversee transition.","Transition agreement provides for continued base salary and equity vesting through retirement date; includes release of claims."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":958316,"accession_number":"0000015847-26-000011","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2026-06-10T14:07:26+00:00","items":["8.01","9.01"],"status":"ready","headline":"Butler National boosts Executive Chairman Yowell's pay by $90K to $340K annually","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Compensation Committee approved $90,000 cash increase for Jeffrey D. Yowell as Executive Chairman.","New annual compensation is $340,000, effective June 1, 2026.","Mr. Yowell abstained from Committee discussion and vote on the matter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":769556,"accession_number":"0000015847-26-000009","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2026-06-01T16:41:32+00:00","items":["8.01","9.01"],"status":"ready","headline":"CEO Christopher Reedy discloses ongoing cancer treatment; remains in role","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Christopher Reedy informed employees of new medical treatment following Mayo Clinic consultations; he has continued follow-ups since 2019 cancer diagnosis.","Reedy will continue as CEO and remain actively engaged with operations, leadership team, and Board.","Executive Chairman Jeffrey D. Yowell and Lead Independent Director Joseph P. Daly expressed full Board support for Reedy.","Treatment may periodically require time away from office; executive leadership team and Board will support ongoing operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105830,"accession_number":"0000015847-26-000005","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q3 FY2026 revenue rises 27% to $26.9M; EPS doubles to $0.10","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $26.9M (+27% YoY); operating income $9.2M (+129%); net income $6.7M (+98%); EPS $0.10 vs $0.05.","Aerospace Products segment revenue up 50% to $17.1M, driven by aircraft modifications (+$3.1M) and special mission electronics (+$2.3M).","Professional Services revenue $9.9M (flat YoY); mobile sports wagering up to $2.2M from $1.8M; casino down 5% to $6.5M.","Backlog $37.0M vs $35.2M; repurchased 222,168 shares during quarter.","Management cites strong performance; conference call March 13, 2026 at 10:00 AM CT."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":70289000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122102,"accession_number":"0000015847-25-000020","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-12-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q2 FY2026 EPS $0.09 vs $0.05 YoY; revenue up 9% to $23.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $5.99M, up 67% YoY; operating income $7.08M, up 46%.","Aerospace Products revenue $14.0M, +20%; Professional Services $9.2M, -5%.","Backlog $46.3M, up from $38.1M a year ago.","Repurchased 687,852 shares during Q2; gains on asset sales of $0.4M (aircraft) and $1.5M (building).","FY2026 first-half EPS $0.15 vs $0.09; record six-month results cited."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":43376000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122101,"accession_number":"0000015847-25-000016","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Butler National shareholders re-elect director Reedy, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Christopher J. Reedy elected director with 38,036,803 votes for (28,735 against, 228,449 abstain).","RBSM LLP ratified as independent registered public accounting firm for FY 2026: 50,445,824 for, 134,947 against.","Advisory vote on executive compensation passed: 37,581,131 for, 138,062 against, 574,794 abstain.","Turnout: 51,715,573 shares (79.7% of outstanding) present at annual meeting on Oct 1, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122100,"accession_number":"0000015847-25-000014","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-10-01T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Butler National presents at 2025 annual meeting; detailed results not disclosed in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Investor presentation for annual meeting included, but exhibit text is incomplete; no specific figures available.","Agenda covers FY 2025 performance and FY 2026 strategies, but content not fully provided in the filing.","No material financial or operational updates can be extracted from the truncated exhibit.","Officers and directors listed; no changes to leadership were announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138813,"accession_number":"0000015847-25-000007","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-09-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q1 FY2026 EPS $0.06 vs $0.03; operating income up 32%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $20.1M (+1.5% YoY); operating income $4.7M (+32%); net income $3.7M (+64%).","Aerospace Products revenue +7% to $11.3M; Professional Services -5% to $8.8M (sports wagering up to $1.3M).","Repurchased 2.41M shares in Q1; Board authorized $5M for future buybacks.","Hangar damaged by third-party aircraft in June; restored; King Air prototype under repair.","Invested $0.6M in new products; received STC for non-halon fire extinguishers on Learjets."],"consensus_eps_estimate":null,"consensus_eps_actual":0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":20125000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138812,"accession_number":"0001628280-25-040035","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-08-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Butler National repurchases 2.41M shares, launches $5M new buyback","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Repurchased 2.41 million shares since Apr 30, 2025 at avg $1.51 per share.","Closed 2016 Stock Repurchase Program; new $5M program authorized through April 2027.","New authorization represents ~4.8% of 64,854,736 outstanding shares at current prices.","As of Jul 31, paid $2.9M of $3.8M obligation; remaining $0.9M due by Dec 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138811,"accession_number":"0001628280-25-035211","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-07-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National adopts director age 75 limit; Hayden retires; Reedy comp restructured","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Director David B. Hayden retired July 11, 2025; Board reduced to 5 members.","Julie M. Bowen appointed Audit Committee Chair; qualifies as Audit Committee Financial Expert.","CEO Reedy's base salary cut to $565k from $580k; bonus target raised to $235k; $135k restricted stock awarded.","New severance (12 months base salary) and change-in-control (1.5x highest comp) agreements with Reedy.","Board adopted governance guidelines mandating director retirement at age 75; other governance improvements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138810,"accession_number":"0001628280-25-034475","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director John M. Edgar resigns from Butler National board effective July 3, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John M. Edgar resigned from the Board of Directors, effective immediately on July 3, 2025.","No reason for departure was disclosed in the 8-K filing.","No replacement director has been announced or named."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138809,"accession_number":"0001628280-25-034246","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-07-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National reports record FY2025 revenue $84M, EPS $0.19, operating income up 27%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $84.0M (+7% YoY); operating income record $16.8M (+27%); EPS $0.19 vs $0.18.","Aerospace Products revenue $45.7M (+15%); operating margin improved to 16.8% from 11.4%.","Professional Services revenue $38.3M (flat); sports wagering revenue up to $5.8M; segment operating income +5%.","Backlog grew to $33.6M from $30.3M; new product R&D spending $1.7M.","Repurchased 2.6% of outstanding common stock; tariff impacts being offset by price adjustments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156285,"accession_number":"0001437749-25-016976","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National appoints Adam Sefchick as CFO with $290K base salary","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Adam Sefchick, CPA, appointed CFO effective May 14, 2025; prior CFO Mickie Lamphere left May 13, 2024 (as reported).","Annual base salary $290,000 for FY ending April 30, 2026; cash bonus target $60,000 based on revenue and operating income.","Restricted stock award of $75,000 vests equally over 3 years on May 1, 2026, 2027, and 2028.","Appointment subject to satisfactory background investigation by Kansas Racing and Gaming Commission.","Sefchick previously served as Chief Accounting Officer at Jack Cooper Investments (2015-2025) and Audit Senior Manager at Grant Thornton."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156284,"accession_number":"0001437749-25-014163","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National eliminates VP Sales role, terminates Joe Aric Peters, moves sales teams to business units","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["BNC Vice President & Director of Sales position eliminated; Joe Aric Peters terminated effective May 1, 2025.","Sales teams moved to respective business units; Avcon sales team now reports to President Marcus Abendroth.","Executive Chairman Jeff Yowell says reorganization aligns sales with operational goals to improve margin monitoring.","CEO Chris Reedy thanked Peters for his contributions to the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156283,"accession_number":"0001437749-25-011867","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-04-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National appoints Julie M. Bowen to board as independent director, audit committee expert","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded from 6 to 7 seats; Bowen fills newly created vacancy.","Bowen is a CPA, CFO at Legacy Infrastructure Group since 2022; previously CFO at several firms.","She qualifies as independent director and audit committee financial expert per SEC rules.","She will receive $10,000 cash + $12,500 in stock per quarter as non-executive director.","Role requires satisfactory Kansas Racing and Gaming Commission background investigation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174738,"accession_number":"0001437749-25-007633","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-03-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q3 revenue up 12% to $21.2M; EPS $0.05 vs $0.03","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $21.2M (+12% YoY); net income $3.4M vs $2.4M; diluted EPS $0.05 vs $0.03.","Aerospace Products revenue +25% to $11.4M; Professional Services -1% to $9.8M.","Backlog $35.2M; sold JET autopilot repair business Jan 30 for $1.04M gain.","Invested $864K in new FAA STC approvals; Avcon cargo door modification progressing."],"consensus_eps_estimate":null,"consensus_eps_actual":0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":62363000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174737,"accession_number":"0001437749-25-007554","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Butler National appoints Mickie Lamphere as Interim CFO effective March 13, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mickie Lamphere, CPA with 30+ years experience, appointed Interim CFO effective March 13, 2025.","Company pays Morgan Hunter $7,000 per week for Ms. Lamphere's services; she serves as principal financial and accounting officer.","Ms. Lamphere previously served as CFO of ICOP Digital (2009-2011) and Controller of Hooper Holmes (2018-2019)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174736,"accession_number":"0001437749-25-000966","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Butler National creates Executive Chairman role, appoints Jeff Yowell; adds $160K annual compensation","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeffrey D. Yowell named Executive Chairman; Chris Reedy remains CEO and no longer serves as Board chairman.","Yowell receives $160,000/yr additional compensation on top of standard director fee ($90,000/yr).","Yowell no longer qualifies as independent director; Joseph P. Daly appointed Lead Independent Director.","Yowell is not an employee or executive officer; role supports CEO in strategy and day-to-day operations.","Yowell has served on Butler National board for nearly one year; also chairs Trust of Buffalo Funds since 2018."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174735,"accession_number":"0001437749-25-000724","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-01-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National reduces CEO and CFO base salaries; grants restricted stock and severance agreements","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Reedy base salary decreased from $595K to $580K; CFO Peters from $610K to $538,667.","Cash bonus targets set at $215K (Reedy) and $169K (Peters), tied to revenue, operating income, and non-financial goals.","Restricted stock awards: $135K for Reedy, $15K for Peters; fully vest by January 7, 2027.","Severance agreements provide 12 months base salary for termination without cause; change-in-control agreements pay 2x highest compensation plus benefits.","2025 Annual Cash Bonus Plan adopted for all salaried employees; performance goals include revenue and operating income."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174734,"accession_number":"0001437749-25-000173","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2025-01-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National Corporation terminates CFO Tad M. McMahon effective January 2, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Butler National Corporation terminated Tad M. McMahon as Chief Financial Officer and Secretary on January 2, 2025.","The termination was effective immediately on January 2, 2025.","No successor or interim CFO was announced in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191689,"accession_number":"0001437749-24-036822","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-12-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q2 FY2025 operating income up 35% to $4.9M; revenue $21.4M (+9% YoY)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $21.36M (+9% YoY); operating income $4.85M (+35% YoY); net income $3.6M vs $5.0M (prior year had $3.7M gain on aircraft sale).","Aerospace Products revenue up 19% to $11.7M; Professional Services down 1% to $9.7M.","Backlog $38.1M; $573k invested in new FAA STC approvals during quarter.","EPS $0.05 diluted vs $0.07 in prior year quarter; diluted shares 68.0M.","Sports wagering contributed $1.4M quarterly revenue via DraftKings platform."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":41189000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191688,"accession_number":"0001437749-24-033117","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["5.03","5.07","8.01","9.01"],"status":"ready","headline":"Butler National shareholders approve board declassification, reverse split authorization, and $2M stock buyback increase","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders elected directors Jeffrey D. Yowell and Joseph P. Daly for three-year terms ending 2027, with over 43.8 million votes each.","Shareholders approved amendment to declassify Board of Directors, with annual elections beginning in 2027; vote 43.5M for, 0.2M against.","Shareholders approved amendment to allow reverse stock split and reduce authorized common stock from 100M to 50M; vote 49.7M for, 0.6M against.","Board approved $2M increase in stock repurchase program to $11M, extending through Nov 15, 2026; $3.172M now available.","Shareholders ratified RBSM LLP as independent accountant for 2025 with 53M votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191687,"accession_number":"0001437749-24-032525","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["1.01","1.02","3.03","7.01","9.01"],"status":"ready","headline":"Butler National terminates shareholder rights plan, effective Oct 29, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amended Rights Agreement to define Final Expiration Date as October 29, 2024, ending poison pill.","All preferred share purchase rights distributed under the 2011 Rights Agreement expired upon termination.","Company to present investor presentation at 2024 Annual Meeting on October 30, 2024 (no details provided)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208166,"accession_number":"0001437749-24-029094","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q1 revenue up 15% to $19.8M; operating income surges 211% to $3.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $2.2M ($0.03 EPS) vs $719K ($0.01 EPS) in Q1 FY24.","Aerospace Products revenue +30% to $10.6M; Professional Services +2% to $9.2M.","Record backlog of $38.2M; sports wagering revenue $1.0M from DraftKings partnership.","Operating income $3.5M vs $1.1M; cost improvements in Aerospace (71% cost/revenue vs 90%).","Annual shareholder meeting set for October 30, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":19828000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208165,"accession_number":"0001437749-24-027364","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-08-20T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"Butler National appoints Christopher Reedy as Chairman, adopts majority voting for directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christopher J. Reedy appointed Chairman; Jeffrey D. Yowell named Lead Independent Director and Compensation Committee chair.","Wagoner steps down as Chairman but remains on board until the 2024 annual meeting.","Board size reduced from 7 to 6 directors, effective after the 2024 annual meeting.","Bylaws amended: majority voting standard for uncontested director elections; conditional resignation requirement added."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208164,"accession_number":"0001437749-24-025006","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National appoints retired USAF Lt. Gen. Michael Loh to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lt. Gen. Loh fills vacancy left by Aric Peters, effective August 5, 2024.","Loh served 40 years in USAF, most recently as Director of Air National Guard managing $14B budget.","He is a command pilot with over 3,200 military and 5,700 civilian flying hours.","Loh appointed to Nominating and Governance Committee; term expires at 2026 annual meeting.","Christopher Reedy, CEO, expressed excitement about Loh's knowledge and contacts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208163,"accession_number":"0001437749-24-023891","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Joe Aric Peters resigns from Butler National board, remains executive officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Resignation effective July 26, 2024, from Board of Directors.","Resignation not due to any disagreement with company operations, policies, or practices.","Peters will continue serving as an executive officer of the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208162,"accession_number":"0001437749-24-023272","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-07-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National reports record FY2024 EPS $0.18, revenue $78.4M up 4% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record diluted EPS $0.18 vs $0.06 in FY2023; net income $12.5M up from $4.5M.","Revenue $78.4M (+4% YoY); Aerospace Products revenue $39.7M (+7%) led by modifications and special missions.","Professional Services revenue $38.6M (+2%); sports wagering contributed $4.6M vs $2.7M.","Operating margin improved to 17% from 12%; operating income $13.2M vs $8.7M.","Backlog $30.3M at April 30, 2024; invested $3.1M in new product R&D."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225725,"accession_number":"0001437749-24-016769","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Butler National upgraded to OTCQX Best Market from OTCQB effective May 15, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company begins trading on OTCQX under symbol BUKS, effective May 15, 2024.","Upgrade from OTCQB Venture Market reflects meeting higher financial and governance standards.","CEO Christopher Reedy says move offers additional investor access and advances shareholder interests."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225724,"accession_number":"0001437749-24-010401","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-04-01T23:59:59+00:00","items":["2.01"],"status":"ready","headline":"Butler National closes sale of two Olathe, KS buildings for $2.1M net, gains $1.5M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold former corporate office at 19920 W. 161st St and adjacent warehouse at 19930 W. 161st St, Olathe, KS.","Net proceeds: $1M for office, $1.1M for warehouse; total $2.1M.","Properties had a lien of approximately $376,000.","Sale resulted in a gain of $1.5 million.","Sale closed on March 29, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":244863,"accession_number":"0001437749-24-007950","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q3 revenue down 7% to $18.96M; operating income up 12% to $3.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $18.96M (down 7% YoY); net income $2.38M ($0.03 EPS) vs $1.98M ($0.03 EPS) in prior year.","Aerospace Products revenue fell 17% to $9.0M; operating income improved to $1.6M from $1.1M.","Professional Services revenue up 4% to $9.9M; sports wagering contributed $1.5M in quarterly revenue.","Backlog remains strong at $30.4M; management cites 20+ active modification projects and growing demand.","Nine-month net income rose to $8.05M ($0.11 EPS) from $5.09M ($0.07 EPS) in prior year period."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":55746000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":244862,"accession_number":"0001437749-24-003995","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2024-02-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National expands board to 7, appoints two independent directors and CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Director Bradley Hoffman resigned Feb 10, 2024, with no disagreement.","Board expanded from 5 to 7; appointed Joseph P. Daly and Jeffrey D. Yowell as independent directors and CEO Christopher J. Reedy.","Daly is founder/CEO of Essig Research (aerospace) and >10% shareholder.","Yowell is Chairman of Trust of Buffalo Funds, former EY Entrepreneur of Year.","Reedy has been CEO since May 2023; all appointments effective Feb 12, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262312,"accession_number":"0001437749-23-034495","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-12-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q2 revenue $19.6M (+1%), EPS $0.07 vs $0.03; backlog $26.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $19.6M (+1% YoY); net income $5.0M ($0.07 dil EPS) vs $2.7M ($0.03) prior year.","Aerospace Products revenue $9.8M (+3%); swung to operating income $1.5M from loss $1.7M.","Professional Services revenue $9.8M (+0.3%); sports wagering $1.3M quarterly revenue.","Backlog $26.7M; cash used $3.7M in H1 including $2.4M for KC Machine acquisition.","Management remains positive about remainder of FY2024; King Air Cargo Door project continues."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":36786000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262311,"accession_number":"0001437749-23-027765","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-10-05T23:59:59+00:00","items":["5.02","5.07","8.01","9.01"],"status":"ready","headline":"Butler National boosts CEO, CFO, and VP salaries; director awarded 300k shares","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christopher Reedy (CEO) base salary increased to $595,000; Tad McMahon (CFO/Secretary) to $375,000; Joe Peters to $610,000, retroactive to May 1, 2023.","Company discontinues discretionary sales commission for Peters; expects net decrease in his total compensation from $763k in FY2023.","Compensation Committee awarded 300,000 shares to director John Edgar for investor relations work, fully vested on grant date Oct 6, 2023.","Shareholders re-elected directors David Hayden and Joe Peters, ratified RBSM as auditor, and approved annual advisory vote on exec compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262310,"accession_number":"0001437749-23-027438","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-10-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Butler National furnishes investor presentation at 2023 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation made on October 3, 2023 at the Annual Shareholders Meeting.","No specific financial results or material updates disclosed in the filing.","Forward-looking statements noted; risks referenced in prior 10-K filing.","Exhibit 99.1 furnished but content not included in the provided text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262309,"accession_number":"0001437749-23-027326","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-10-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Butler National acquires KC Machine for $2.9M to bolster aircraft parts fabrication","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired substantially all assets of KC Machine, LLC for approximately $2.9 million; deal closed September 29, 2023.","KC Machine supplies precision machine parts, repairs, fabrication, and design engineering; ITAR and ISO 9001:2015 certified.","Acquisition expected to create synergy with Butler's Avcon aircraft modification unit by reducing part costs and adding skilled workers.","Former KC Machine CEO Keith Diebold will remain to support the transition and maintain customer relationships."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279509,"accession_number":"0001437749-23-025831","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-09-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q1 revenue up 12% to $17.2M, EPS $0.01; 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net income $4.5M ($0.06 diluted EPS) vs $10.4M ($0.14) last year.","Operating margin fell to 12% from 23%, hit by $4.5M severance accrual for two former execs and $492K board award.","Aerospace Products revenue grew 8% to $37.1M but operating income collapsed to $65K from $6.2M.","Professional Services revenue +2% to $38.0M; operating income -14% to $8.6M; new sports wagering added $2.7M.","Backlog $26.4M at FY-end; new product R&D spend $3.0M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":17185000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279507,"accession_number":"0001437749-23-020646","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-07-26T23:59:59+00:00","items":["1.01","5.02","8.01","9.01"],"status":"ready","headline":"Butler National directors resign; company to redeem ~8% of outstanding stock at $0.739/share","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Clark D. Stewart (former CEO) and Craig D. Stewart (former President of Aerospace) resign from board, effective July 28, 2023.","Each receives a lump-sum severance: Clark $2,667,711; Craig $1,838,972.","Company redeems 5,889,669 shares total (7.9% of outstanding) at $0.739/share; shares placed in treasury.","Stock repurchase program increased from $4M to $9M, with ~$2.6M remaining after redemption.","Board reduced from seven to five directors; no disagreement cited for resignations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297904,"accession_number":"0001437749-23-014068","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Butler National promotes Chris Reedy to President and CEO; Stewart departs as COO eliminated","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christopher J. Reedy, 57, appointed President and CEO on May 10, 2023; formerly COO and Secretary, 22-year tenure.","CFO Tad M. McMahon named Secretary in addition to his duties; COO position eliminated after Reedy's promotion.","Clark D. Stewart terminated employment for good reason effective May 9, 2023; remains on Board of Directors.","Company relocated headquarters to new hangar at New Century Airport (One Aero Plaza) to boost operational efficiency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318149,"accession_number":"0001437749-23-006895","cik":15847,"company_name":"BUTLER NATIONAL CORP","ticker":"BUKS","form_type":"8-K","filed_at":"2023-03-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Butler National Q3 revenue up 16% to $20.5M; net income down to $0.03 EPS","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $20.5M (vs $17.6M YoY); Aerospace Products +25%, Professional Services +8%.","Net income $2.0M ($0.03 diluted EPS) vs $2.7M ($0.04 EPS) in Q3 FY2022.","Operating margin fell to 17% from 25%; Aerospace operating income halved to $1.1M.","New Kansas sports wagering contributed $1.2M revenue; permanent DraftKings sports book opened Feb 28.","Backlog strong at $27.1M; cash increased $4.7M in first nine months."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":55093000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":262066510.92270532,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}