Zeff Capital, LP - 10 Jul 2026 Form 4 Insider Report for BUTLER NATIONAL CORP (BUKS)

Reporting relationship: 10%+ Owner
Issuer ticker: BUKS
Reported as of: 10 Jul 2026
Net transaction value: -$238,624
SEC form: 4
Accepted by SEC: 14 Jul 2026, 19:47:10 UTC
Prior SEC filing: 29 Dec 2025
Source filing: View source filing
Reporting owner signature: Zeff Capital LP, By: /s/ Daniel Zeff, Manager

Key filing fact

Zeff Capital, LP filed Form 4 for BUTLER NATIONAL CORP (BUKS) on 14 Jul 2026.

Key facts

This page summarizes Zeff Capital, LP's Form 4 filing for BUTLER NATIONAL CORP (BUKS).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Jul 2026, 19:47.

Change

Previous filing in this sequence was filed on 29 Dec 2025.
Current net transaction value: -$238,624.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001559603 Primary reporting owner

Zeff Capital, LP

Relationship: 10%+ Owner
Address: C/O ZEFF HOLDING COMPANY, LLC, 405 LEXINGTON AVE, 8TH FL, NEW YORK
Signature: Zeff Capital LP, By: /s/ Daniel Zeff, Manager
Signature date: 14 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BUKS transaction

Common Stock

Sale

Transaction value: $17,640
Shares: -4,000
Change %: -0.05%
Price: $4.41
Shares after: 7,389,312
Date: 10 Jul 2026
Ownership: Direct
Footnotes: F1, F2

BUKS transaction

Common Stock

Sale

Transaction value: $49,283
Shares: -11,050
Change %: -0.15%
Price: $4.46
Shares after: 7,378,262
Date: 13 Jul 2026
Ownership: Direct
Footnotes: F1, F2, F3

BUKS transaction

Common Stock

Sale

Transaction value: $171,701
Shares: -36,925
Change %: -0.5%
Price: $4.65
Shares after: 7,341,337
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F2, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

In addition to Zeff Capital LP, a Delaware limited partnership ("Zeff Capital"), this Form 4 is being filed jointly by Zeff Holding Company, LLC, a Delaware limited liability company ("Zeff Holding"), and Daniel Zeff, a citizen of the United States of America, each of whom has the same business address as Zeff Capital.

Footnote F2

(Continued from footnote 1) Zeff Holding, as the general partner of Zeff Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Zeff Capital, and may be deemed to be the indirect beneficial owner of such shares. Zeff Holding disclaims beneficial ownership of such shares for all other purposes, except to the extent of its pecuniary interest therein. Mr. Zeff, as the manager of Zeff Holding, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Zeff Capital, and may be deemed to be the indirect beneficial owner of such shares. Mr. Zeff disclaims beneficial ownership of such shares for all other purposes, except to the extent of his pecuniary interest therein.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $4.45 to $4.47 per share. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $4.55 to $4.75 per share. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.