The Buckle (BKE) Form 144 Filed for 20,000-Share Sale on NYSE
Rhea-AI Filing Summary
The Buckle, Inc. (BKE) Form 144 notice reports a proposed sale of 20,000 common shares through Edward Jones on the NYSE, with an aggregate market value of $1,123,600.00 and approximately 51,156,966 shares outstanding. The shares to be sold were acquired as vested restricted stock in 2013–2014 (9,750 on 02/01/2013, 3,000 on 03/25/2013 and 7,250 on 01/31/2014) and were granted as compensation. The filer attests there are no undisclosed material adverse facts and indicates no sales by the reporting person in the past three months.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine insider sale of 20,000 vested shares (acquired 2013–2014) totaling $1.12M; no recent sales reported.
The filing documents a planned sale executed through Edward Jones on the NYSE for 20,000 common shares, representing a very small fraction of the issuer's outstanding stock (about 0.039%). The shares originated from vested restricted stock grants treated as compensation between 2013 and 2014. There are no reported sales in the prior three months and the signer certifies absence of undisclosed material adverse information. From a market-impact standpoint, this is a routine disclosure with limited material effect on capitalization or liquidity.
TL;DR Standard Rule 144 notice documenting disposition of long-held compensation shares; governance disclosure requirements satisfied.
The form provides required Rule 144 information: acquisition dates, nature of acquisition, number of shares, broker, approximate sale date, and market value. The aggregation of vested restricted stock acquisitions equals the shares proposed for sale, and the filer asserts compliance with disclosure obligations by confirming no material nonpublic information. This filing appears consistent with routine insider liquidity events and standard governance practices.