{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-010401","form_type":"8-K","ticker":"BUKS","cik":"0000015847","company_name":"BUTLER NATIONAL CORP","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.090329+00:00","generated_at":"2026-06-04T04:38:38.567382+00:00","sec_items":["2.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Butler National closes sale of two Olathe, KS buildings for $2.1M net, gains $1.5M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-010401","json":"https://secwatch.observer/filing/0001437749-24-010401.json","markdown":"https://secwatch.observer/filing/0001437749-24-010401.md","text":"https://secwatch.observer/filing/0001437749-24-010401.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/15847/000143774924010401/0001437749-24-010401-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/15847/000143774924010401/buks20240401_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:38:38.567382+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":"d69dd9cb05f2fd5e3226b0cd6c9d0ad8d659bee3","claim":"BUTLER NATIONAL CORP completed a disposition for net proceeds of the two buildings were $1 million for the former Corporate Office, and $1.1 million for the 19930 W. 161 st Street property (closed 2024-03-29).","evidence_excerpt":"on the sale of two of its buildings in Olathe, Kansas resulting in a gain to the Corporation of $1.5 million. The Company completed the sale of the former Corporate Office, 19920 W. 161 st Street, Olathe, Kansas, and the adjacent building/warehouse at 19930 W. 161 st Street, Olathe, Kansas 66062. The net proceeds of the two buildings were $1 million for","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/15847/000143774924010401/0001437749-24-010401-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Consideration","value":"net proceeds of the two buildings were $1 million for the former Corporate Office, and $1.1 million for the 19930 W. 161 st Street property"},{"label":"Closing","value":"2024-03-29"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}