secwatch.observer — SEC 8-K summary
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Issuer:     BUTLER NATIONAL CORP (BUKS)
CIK:        0000015847
Form:       8-K
Filed at:   2026-06-15T13:29:46+00:00
Accession:  0000015847-26-000013
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Christopher J. Reedy retires due to health; CFO Adam Sefchick named Interim CEO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15847/000001584726000013/0000015847-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15847/000001584726000013/buks-20260615.htm
  HTML page:      https://secwatch.observer/filing/0000015847-26-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer