BUKS BUTLER NATIONAL CORP

BEARISH Impact: 6/10 8-K
Horizon days Filed Jun 1, 2026 Processed 4d 5h ago SEC 0000015847-26-000009
8-K context-dependent: Items 8.01
Latest settled — T+1d
BUKS ▼ -2.88% at T+1d
SHORT call ✓ call won +2.88% · α vs SPY +3.03% · entry $4.17 → $4.05
Next anchor: T+5d in 3d
Currently $4.02 · +3.60% from $4.17 entry (call sign-flipped)
Entry anchored
Jun 1, 2026
via day open
T+1d
-2.88%
call +2.88% · α +3.03%
$4.05
settled 3d ago
T+5d
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call — · α —
—
in 3d
T+20d
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call — · α —
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in 25d
T+60d
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call — · α —
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in 3mo

Price Chart

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Executive Summary

CEO Christopher Reedy disclosed in an employee email that he is undergoing a new course of cancer treatment at the Mayo Clinic. While he remains CEO and actively engaged, the treatment may periodically require time away from the office, creating near-term management uncertainty for a micro-cap company heavily reliant on its CEO.

Actionable Insight

Monitor for any further disclosures on CEO health status or interim leadership arrangements. If Reedy takes extended leave without a named successor, the stock may reprice to reflect key-person risk. Look for any 8-K filing naming an interim CEO or clarifying succession plans.

Key Facts

  • CEO Christopher J. Reedy disclosed a new course of medical treatment for cancer, following regular follow-ups since a 2019 diagnosis.
  • Reedy will continue as CEO and remain engaged, but treatment may require periodic time away from the office.
  • The Board and executive leadership team stated they will support ongoing operations and strategic initiatives during his treatment.
  • No financial details, revenue impact, or succession plan were disclosed.

Financial Impact

No specific financial amounts disclosed; key-person risk to a $10-50M market cap OTC company

key-person riskmanagement continuity

Risk Factors

  • CEO health deterioration could lead to extended absence at a micro-cap with concentrated leadership
  • Lack of disclosed succession plan creates uncertainty
  • No financial or operational detail provided — market may read this as withholding material information

Market Snapshot

Exchange
OTC
Sector
Services-Miscellaneous Amusement & Recreation

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000015847-26-000009
Document: buks-exx991xemlofchristoph.htm0000015847-26-000009
Document: 0000015847-26-000009-index-headers.html0000015847-26-000009
Document: 0000015847-26-000009-index.html0000015847-26-000009
Document: 0000015847-26-000009.txt0000015847-26-000009

US Market Status

Market Closed — Opens Mon (39h 14m)

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