BUCKLE INC·4

Mar 17, 6:23 PM ET

SMITH KARI G 4

Research Summary

AI-generated summary

Updated

Buckle (BKE) EVP Stores Kari G. Smith Sells Shares

What Happened
Kari G. Smith, EVP Stores and a director of Buckle, reported multiple disposals: she sold 48,860 shares at $50.39 on 2026-03-17 (reported value $2,461,904) and sold 1,140 shares at $49.81 on 2026-03-16 (reported value $56,786). She also transferred (gifted) 40,000 shares on 2026-03-16 (reported as $0 value). The transactions are net sales (not purchases), which are often routine portfolio moves rather than an endorsement or negative signal about the company.

Key Details

  • Transaction dates and amounts:
    • 2026-03-16: Gift of 40,000 shares (code G) — $0 reported value.
    • 2026-03-16: Sale of 1,140 shares (code S) at $49.81 — $56,786.
    • 2026-03-17: Sale of 48,860 shares (code S) at $50.39 — $2,461,904.
  • Total reported proceeds from sales: $2,518,690.
  • Shares owned after transaction: not specified in the summary provided (see the filed Form 4 for "Amount of Securities Beneficially Owned" if needed).
  • Filing date: Form 4 filed 2026-03-17 covering transactions on 2026-03-16–03-17; this appears to be timely (Form 4 generally must be filed within two business days).
  • No 10b5-1 plan, tax withholding, or other footnotes were provided in the data supplied.

Context

  • Gift transactions are disposals for estate/planning or personal reasons and do not necessarily indicate the insider's view of the company’s prospects.
  • Sales by insiders are common and can reflect diversification, liquidity needs, or other personal reasons; they are less informative than purchases in signaling insider confidence.
  • For full details (exact post-transaction holdings, any footnotes, or filing attestations), refer to the original Form 4 filing (Accession No. 0001247713-26-000002).