{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-027364","form_type":"8-K","ticker":"BUKS","cik":"0000015847","company_name":"BUTLER NATIONAL CORP","filed_at":"2024-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.650643+00:00","generated_at":"2026-05-31T08:27:47.538471+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Butler National appoints Christopher Reedy as Chairman, adopts majority voting for directors","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-027364","json":"https://secwatch.observer/filing/0001437749-24-027364.json","markdown":"https://secwatch.observer/filing/0001437749-24-027364.md","text":"https://secwatch.observer/filing/0001437749-24-027364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/15847/000143774924027364/0001437749-24-027364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/15847/000143774924027364/buks20240820_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:27:47.538471+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":"08224c5979","claim":"Jeffrey D. Yowell was elected as Lead Independent Director at BUTLER NATIONAL CORP.","evidence_excerpt":"The Board established the position of Lead Independent Director and the independent directors elected Mr. Jeffrey D. Yowell to serve as Lead Independent Director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15847/000143774924027364/0001437749-24-027364-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Lead Independent Director"}],"fact_type":"executive_change"},{"claim_id":"12d70c4808","claim":"Christopher J. Reedy was appointed as Chairman at BUTLER NATIONAL CORP.","evidence_excerpt":"On August 16, 2024, the Board of Directors (“Board”) of Butler National Corporation (the “Company”) appointed Christopher J. Reedy as Chairman.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15847/000143774924027364/0001437749-24-027364-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman"}],"fact_type":"executive_change"},{"claim_id":"c4ac35924a","claim":"Mr. Wagoner changed role as Director at BUTLER NATIONAL CORP.","evidence_excerpt":"Mr. Wagoner, the former Chairman, will continue to serve as a member of the Board until the Company’s 2024 annual meeting of stockholders.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15847/000143774924027364/0001437749-24-027364-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down as Chairman"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}