{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-015591","form_type":"8-K","ticker":"BUKS","cik":"0000015847","company_name":"BUTLER NATIONAL CORP","filed_at":"2022-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.322651+00:00","generated_at":"2026-06-24T23:59:00.365404+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Butler National appoints insider Aric Peters as Class II director; discloses employment terms","bullets":["Joe Aric Peters appointed Class II director for term expiring at 2023 annual meeting; not independent.","Peters serves as Director of Sales under employment agreement with base salary of $296,067 for 2022, increasing 5% annually.","Employment agreement runs through Dec 31, 2024, auto-renews for 3-year periods; includes severance for termination without cause or change-in-control.","Peters received total compensation of $711,000 (FY2022) and $788,000 (FY2021); no additional director compensation.","Employment agreement includes non-compete, non-solicitation, and confidentiality provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-015591","json":"https://secwatch.observer/filing/0001437749-22-015591.json","markdown":"https://secwatch.observer/filing/0001437749-22-015591.md","text":"https://secwatch.observer/filing/0001437749-22-015591.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/15847/000143774922015591/0001437749-22-015591-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/15847/000143774922015591/buks20220622_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T23:59:00.365404+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f28cef9a08","claim":"Joe Aric Peters was appointed as Class II director at BUTLER NATIONAL CORP.","evidence_excerpt":"On June 15, 2022, the Board of Directors of Butler National Corporation, a Kansas corporation (the “Company”), appointed Joe Aric Peters (hereafter “Aric Peters” or “Mr. Peters”) as a Class II director of the Company for a term expiring at the 2023 annual meeting of stockholders.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15847/000143774922015591/0001437749-22-015591-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class II director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}