BUTLER NATIONAL CORP
Close on Oct 19, 2026
- Market cap
- $331.28M
- P/E (TTM)
- 14.4
- Dividend yield
- –
About Butler National
Services-Miscellaneous Amusement & Recreation, SIC 7990
Butler National Corporation operates in two business segments: Aerospace Products and Professional Services. The Aerospace Products division designs, manufactures, integrates, and overhauls aerostructures, aircraft components, avionics, and defense electronics. Key offerings include navigation systems, aerodynamic enhancements, surveillance equipment, specialized cabling, and military gun control units. The company serves aircraft owners, private and commercial aviation operators, defense contractors, and government entities. Through its Professional Services segment, the company manages casino gaming and sports betting activities, including operating a casino resort in partnership with state lottery authorities and sports wagering providers.
The company's gaming operations are located in Dodge City, Kansas, where its managed resort features roughly 500 slot machines, 15 table games, a restaurant, and a sportsbook. Aerospace activities include FAA-certified repair stations and facilities in Tempe, Arizona, serving clients domestically and in foreign countries. The enterprise employs more than 300 personnel across its operating subsidiaries. The text does not state the company's headquarters.
Summary of the business section of Butler National's latest annual report, written by StockData.
Company profile
Company
- Legal name
- BUTLER NATIONAL CORP
- Founded
- 1960
- Headquarters
- New Century, KS
- Address
- One Aero Plaza 66031
- Phone
- (913) 780-9595
- Website
- butlernational.com
- Employees
- 89, Apr 30, 2008
- Industry
- Services-Miscellaneous Amusement & Recreation
- Incorporated in
- Delaware
- Fiscal year ends
- April 30
- Auditor
- RBSM LLP, Houston, TX
Stock & identifiers
- Ticker
- BUKS
- Exchange
- OTC
- IPO date
- Feb 24, 1994
- Shares outstanding
- 64M, Sep 11, 2026
- Public float
- $90.75M, Oct 31, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 15847
- CUSIP
- 123720104
- ISIN
- US1237201041
- EIN
- 41-0834293
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christopher J. Reedy | CEO and President, Director | 2,448,601 |
| Adam Brett Sefchick | Chief Financial Officer | 64,323 |
| Joe Aric Peters | Vice President | 1,929,043 |
| Joseph Patrick Daly | Director | 8,910,000 |
| Michael Anthony Loh | Director | 157,326 |
| Jeffrey David Yowell | Director | 87,818 |
| Julie Marie Bowen | Director | 29,932 |
| David B. Hayden | Director | 588,295 |
| John M. Edgar | Director | 1,002,004 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Reedy | $1.18M | $1.42M | $477.86K | $587 | – |
| FY2025 Reedy | $1.03M | $1.02M | $702.18K | $216 | – |
| FY2024 | $871.00K | $961.00K | $717.00K | $122 | – |
| FY2024 Former PEO | $191.00K | -$568.00K | $717.00K | $122 | – |
| FY2024 Reedy | $871.00K | $961.00K | $717.00K | $122 | – |
| FY2024 Stewart | $191.00K | -$568.00K | $717.00K | $122 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Employees : We employed 89 employees on April 30, 2008 compared to 88 employees on April 30, 2007, and 82 employees on April 30, 2006.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 1, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 23, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 20, 2013 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 25, 2001 | Late filing | Notification of late filing |
| Mar 15, 2001 | Late filing | Notification of late filing |
| Sep 14, 2000 | Late filing | Notification of late filing |
| Jul 27, 2000 | Late filing | Notification of late filing |
| Jul 29, 1999 | Late filing | Notification of late filing |
| Sep 14, 1998 | Late filing | Notification of late filing |