Butler National Corp Files 8-K

TL;DR

Butler National Corp filed an 8-K on Jan 13, 2025, updating corporate info. #filing

AI Summary

Butler National Corporation filed an 8-K on January 13, 2025, reporting other events and financial statements. The filing details the company's principal executive offices located at One Aero Plaza, New Century, Kansas, 66031, and its principal business phone number is (913) 780-9595. The company was incorporated in Kansas and its fiscal year ends on April 30.

Why It Matters

This 8-K filing provides essential corporate information and updates for Butler National Corporation, including its address and contact details, which are important for investors and stakeholders to track the company's official communications.

Risk Assessment

Risk Level: low — This filing is a routine corporate disclosure and does not contain information that inherently increases risk.

Key Numbers

• 913-780-9595 — Phone Number (Registrant's telephone number)

Key Players & Entities

• BUTLER NATIONAL CORPORATION (company) — Registrant
• One Aero Plaza, New Century, Kansas 66031 (location) — Principal executive offices
• January 13, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $160,000 — ill compensate Mr. Yowell an additional $160,000 per year in addition to compensation pa
• $90,000 — rs (currently an annual amount equal to $90,000). The Board has also determined that M

Filing Documents

• buks20250113_8k.htm (8-K) — 27KB
• ex_765016.htm (EX-99) — 9KB
• image1.jpg (GRAPHIC) — 4KB
• 0001437749-25-000966.txt ( ) — 163KB
• buks-20250113.xsd (EX-101.SCH) — 3KB
• buks-20250113_def.xml (EX-101.DEF) — 10KB
• buks-20250113_lab.xml (EX-101.LAB) — 14KB
• buks-20250113_pre.xml (EX-101.PRE) — 10KB
• buks20250113_8k_htm.xml (XML) — 2KB

01

Item 8.01 Other Events. On January 13, 2025, Butler National Corporation's Board of Directors ("Board") created the position of Executive Chairman to lead the Board and named current director, Jeffrey D. Yowell, to the position. Consequently, Mr. Reedy no longer serves as the Board's chairman. Mr. Yowell is neither an employee, independent contractor, or executive officer of the corporation; however, the Executive Chairman will work with and support the corporation's Chief Executive Officer in day-to-day and strategic responsibilities. In conjunction with Mr. Yowell's additional responsibilities, the Butler National Corporation will compensate Mr. Yowell an additional $160,000 per year in addition to compensation paid to all directors (currently an annual amount equal to $90,000). The Board has also determined that Mr. Yowell will no longer qualify as an independent director and has elected Joseph P. Daly as Lead Independent Director.

Financial Statements and Exhibits

Financial Statements and Exhibits Exhibit No. Description 99 Press Release Announcing Yowell as Executive Chairman. 104 Cover Page Interactive Date File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BUTLER NATIONAL CORPORATION Date: January 13, 2025 /s/Christopher J. Reedy Christopher J. Reedy Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR