Adam B. Sefchick was appointed as Interim Chief Executive Officer and President at BUTLER NATIONAL CORP.
“Effective June 15, 2026, the Board of Directors appointed Adam B. Sefchick, as Interim Chief Executive Officer and President.”
BUTLER NATIONAL CORP — fact timeline
Source-grounded facts extracted from BUTLER NATIONAL CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
BUTLER NATIONAL CORP reported the third quarter ended January 31, 2026 results: revenue $26.9 million, net income $6.7 million, EPS $0.10.
“BUTLER NATIONAL CORPORATION ANNOUNCES THIRD QUARTER 2026 FINANCIAL RESULTS - Revenue increased 27% to $26.9 million - Operating income increased 129% to $9.2 million - Net income increased 98% to $6.7 million - Earnings per share increased to $0.10 from $0.05”
Mickie Lamphere departed as Chief Financial Officer at BUTLER NATIONAL CORP.
“With the appointment of Mr. Sefchick, Butler National concluded its contract relationship with Mickie Lamphere on May 13, 2024, previously engaged through Morgan Hunter.”
Adam B. Sefchick was appointed as Chief Financial Officer at BUTLER NATIONAL CORP.
“Effective May 14, 2025, Butler National Corporation (the “Company”) appointed Adam B. Sefchick to the position of Chief Financial Officer.”
Joe Aric Peters was terminated as BNC Vice President & Director of Sales at BUTLER NATIONAL CORP.
“As a result, Butler National Corporation eliminated the position of BNC Vice President & Director of Sales and terminated the employment Joe Aric Peters on May 1, 2025.”
Julie M. Bowen was appointed as Director at BUTLER NATIONAL CORP.
“On April 11, 2025, the Board of Directors (the “Board”) of Butler National Corporation (the “Company”) was increased in size from 6 director positions to 7 and Julie M. Bowen was appointed to fill the newly created vacancy.”
Mickie Lamphere was appointed as Interim Chief Financial Officer at BUTLER NATIONAL CORP.
“Effective March 13, 2025, Butler National Corporation (the “Company”) appointed Mickie Lamphere, an employee of Morgan Hunter, an executive services firm, to the position of Interim Chief Financial Officer.”
Tad M. McMahon was terminated as Chief Financial Officer and Secretary at BUTLER NATIONAL CORP.
“Effective January 2, 2025, Butler National Corporation terminated the employment of Tad M. McMahon.”
BUTLER NATIONAL CORP: Amendment to declassify the Board of Directors; beginning with the 2027 Annual Meeting, the entire Board will be elected annually (effective 2024-10-30).
“On October 30, 2024, at the Annual Meeting of Shareholders (the “Annual Meeting”) of Butler National Corporation (the “Company”), the Company’s shareholders approved an amendment to the Company’s Bylaws to declassify the Company’s Board of Directors (the “Board”). Beginning with the 2027 Annual Meeting of Stockholders, the entire Board will be elected annually.”
Mr. Wagoner changed role as Director at BUTLER NATIONAL CORP.
“Mr. Wagoner, the former Chairman, will continue to serve as a member of the Board until the Company’s 2024 annual meeting of stockholders.”
Jeffrey D. Yowell was elected as Lead Independent Director at BUTLER NATIONAL CORP.
“The Board established the position of Lead Independent Director and the independent directors elected Mr. Jeffrey D. Yowell to serve as Lead Independent Director.”
Christopher J. Reedy was appointed as Chairman at BUTLER NATIONAL CORP.
“On August 16, 2024, the Board of Directors (“Board”) of Butler National Corporation (the “Company”) appointed Christopher J. Reedy as Chairman.”
Michael A. Loh was appointed as Director at BUTLER NATIONAL CORP.
“On August 5, 2024, the Board of Directors (the “Board”) of Butler National Corporation (the “Company”) appointed Lieutenant General (Ret) Michael A. Loh as a director.”
Aric Peters departed as Director at BUTLER NATIONAL CORP.
“Mr. Loh filled the vacancy left by Mr. Peters and will complete the remainder of Mr. Peter’s Class II term.”
Joe Aric Peters resigned as member of the Board of Directors at BUTLER NATIONAL CORP.
“On July 26, 2024, Joe Aric Peters notified Butler National Corporation (the “Company”) that he resigned as a member of the Company’s Board of Directors (the “Board”) effective immediately.”
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).
“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”
BUTLER NATIONAL CORP reported the third quarter fiscal 2024 ended January 31, 2024 results: revenue $18,960, net income $2,382, EPS $0.03.
“Historical selected financial data related to all operations: Quarter Ended January 31, Nine Months Ended January 31, (In thousands) (In thousands) 2024 2023 2024 2023 Revenue $ 18,960 $ 20,464 $ 55,746 $ 55,093 Operating Income $ 3,795 $ 3,385 $ 8,531 $ 9,012 Net Income $ 2,382 $ 1,977 $ 8,052 $ 5,091 Total Assets $ 113,279 $ 111,077 $ 113,279 $ 111,077”
Christopher J. Reedy was appointed as director at BUTLER NATIONAL CORP.
“On February 12, 2024, the Board appointed Joseph P. Daly, Jeffrey D. Yowell and Christopher J. Reedy as directors.”
Jeffrey D. Yowell was appointed as director at BUTLER NATIONAL CORP.
“On February 12, 2024, the Board appointed Joseph P. Daly, Jeffrey D. Yowell and Christopher J. Reedy as directors.”
Joseph P. Daly was appointed as director at BUTLER NATIONAL CORP.
“On February 12, 2024, the Board appointed Joseph P. Daly, Jeffrey D. Yowell and Christopher J. Reedy as directors.”
Bradley Hoffman resigned as director at BUTLER NATIONAL CORP.
“On February 10, 2024, Bradley Hoffman notified Butler National Corporation (the “Company”) that he resigned as a member of the Company’s Board of Directors (the “Board”) effective immediately.”
BUTLER NATIONAL CORP reported the second quarter for the period ending October 31, 2023 results: revenue $19,602, net income $4,951, EPS $0.07.
“. Historical selected financial data related to all operations: Quarter Ended October 31 Six Months Ended October 31 (In thousands) (In thousands) 2023 2022 2023 2022 Revenue $ 19,602 $ 19,326 $ 36,786 $ 34,629 Operating Income $ 3,598 $ 4,002 $ 4,735 $ 5,627 Net Income $ 4,951 $ 2,683 $ 5,670 $ 3,114 Total Assets $ 111,613 $ 105,381 $ 111,613 $ 105,381”
BUTLER NATIONAL CORP shareholders approved Advisory Vote on Frequency of Future Votes on Executive Compensation at the 2023-10-03 meeting.
“4. Advisory Vote on Frequency of Future Votes on Executive Compensation. An advisory vote on the frequency of holding future advisory votes on executive compensation was submitted to, and voted upon by, the shareholders. Shareholders approved, on an advisory basis, to have votes on executive compensation every year. In light of this advisory vote the Board of Directors has decided to include an advisory vote on executive compensation in its proxy materials every year until the next required vote on the frequency of advisory votes on executive compensation. 1 Year 2 Years 3 Years Abstain 30,804,586 313,956 160,961 362,514”
BUTLER NATIONAL CORP shareholders approved Advisory Vote on Executive Compensation at the 2023-10-03 meeting.
“3. Advisory Vote on Executive Compensation. An advisory vote on executive compensation was submitted to, and voted upon by, the shareholders. Shareholders approved, on an advisory basis, the compensation of the Named Executive Officers disclosed in the proxy statement. For Against Abstain Broker Non-Votes 25,177,635 5,900,478 563,904 26,916,959”
BUTLER NATIONAL CORP shareholders approved Ratification of RBSM LLP as Independent Registered Accountant at the 2023-10-03 meeting.
“2. Ratification of RBSM LLP as Independent Registered Accountant. A resolution that the shareholders ratify the selection and appointment of RBSM LLP as the independent registered public accounting firm for Butler National Corporation for the year ending April 30, 2024 was submitted to, and voted upon by, the shareholders. Shareholders ratified the appointment of RBSM LLP to serve as the Company’s independent registered public accounting firm for the 2024 fiscal year. For Against Abstain 56,372,358 627,838 1,558,780”
BUTLER NATIONAL CORP shareholders approved Election of Directors at the 2023-10-03 meeting.
“1. Election of Directors. Two people were nominated by the Board of Directors for election as directors of the Company, to hold office for a three year term expiring at the calendar year 2026 annual meeting of shareholders and until his successor is duly elected and qualified. The nominees were incumbent directors, no other persons were nominated and the nominees were elected. The votes were as follows: Name of Director For Against Abstain Broker Non-Votes David B. Hayden 25,759,707 5,296,700 585,610 26,916,959 Joe A. Peters 25,740,847 5,361,260 539,910 26,916,959”
BUTLER NATIONAL CORP reported first quarter fiscal 2024 ended July 31, 2023 results: revenue $17,185, net income $719, EPS $0.01.
“for the first quarter fiscal 2024 ended July 31, 2023 . Historical selected financial data related to all operations: Quarter Ended July 31 (In thousands) 2023 2022 Revenue $ 17,185 $ 15,304 Operating Income $ 1,137 $ 1,625 Net Income $ 719 $ 431 Total Assets $ 105,000 $ 103,966 Long-term obligations $ 40,574 $ 45,611 Stockholders' Equity $ 42,216 $ 41,747”
BUTLER NATIONAL CORP reported fiscal year ended April 30, 2023 results: revenue $75.2 million, net income $4.5 million, EPS 0.06.
“EXHIBIT 99 ex_501101.htm Exhibit 99 FOR IMMEDIATE RELEASE July 31, 2023 BUTLER NATIONAL CORPORATION ANNOUNCES FISCAL YEAR END 2023 FINANCIAL RESULTS - Revenue increased 5% to $75.2 million in fiscal 2023 as compared to $71.5 million in fiscal 2022 - NEW CENTURY, KANSAS, July 31, 2023 , - Butler National Corporation (OTCQB: BUKS), a leader in the growing global”
Clark D. Stewart was terminated as other at BUTLER NATIONAL CORP.
“Effective May 9, 2023, the employment of Clark D. Stewart with the Company was terminated by Mr. Stewart for good reason.”
Tad M. McMahon was named as Secretary at BUTLER NATIONAL CORP.
“Tad M. McMahon, effective May 10, 2023, has been named Secretary of the Company, which is in addition to his duties as Chief Financial Officer.”
Christopher J. Reedy was appointed as President and Chief Executive Officer at BUTLER NATIONAL CORP.
“The Board of Directors of the Butler National Corporation (the “Company”) appointed Christopher J. Reedy, 57, as President and Chief Executive Officer of the Company on May 10, 2023.”
BUTLER NATIONAL CORP reported the third quarter for the period ending January 31, 2023 results: revenue $ 20,464, net income $ 1,977, EPS $ 0.03.
“Historical selected financial data related to all operations: Quarter Ended January 31 Nine Months Ended January 31 (In thousands) (In thousands) 2023 2022 2023 2022 Revenue $ 20,464 $ 17,618 $ 55,093 $ 54,012 Operating Income $ 3,385 $ 4,402 $ 9,012 $ 13,167 Net Income $ 1,977 $ 2,684 $ 5,091 $ 8,740 Total Assets $ 111,077 $ 98,076 $ 111,077 $ 98,076”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.