Butler National Corporation
06/10/2026 | Press release | Distributed by Public on 06/10/2026 08:08
Material Event (Form 8-K)
| Item 8.01 | Other Events | ||||
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On June 4, 2026, Butler National Corporation's Compensation Committee (the "Committee") approved a $90,000 cash increase in the annual compensation paid to Jeffrey D. Yowell as Executive Chairman of the Board of the Directors, effective as of June 1, 2026. After giving effect to the change, Mr. Yowell receives a total of $340,000 per year, which includes the $90,000 paid to all non-employee directors. Mr. Yowell took no part in the Committee's discussion and abstained from voting on the matter.
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