July 22, 2026 · Form 4 insider transaction
Sefchick Adam Brett sold 1,978 shares of Butler National Corporation at $4.95 per share, a transaction worth $9.8K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Represents an award of 20,222 shares of restricted common stock. Of these shares, 6,740 vested immediately on the grant date. The remaining 13,482 shares vest in two equal installments of 6,741 shares on the first and second anniversaries of the grant date, subject to continued service. Shares reported as disposed of under Transaction Code F were withheld by the issuer solely to satisfy the reporting person's tax withholding obligations arising from the immediate vesting of 6,740 shares.