The Buckle Insider Notice: 20,000 Shares via UBS Worth $1.12M
Rhea-AI Filing Summary
Form 144 notice for The Buckle, Inc. (BKE) reports a proposed sale of 20,000 common shares through UBS Financial Services with an aggregate market value of $1,120,000, representing part of the company's 51,160,000 shares outstanding. The planned approximate sale date is 08/25/2025 on the NYSE. The securities to be sold were acquired as restricted stock units (RSUs) granted by the issuer on multiple dates: 01/29/2022 (4,700 shares), 03/21/2022 (1,600), 02/03/2024 (11,300) and 03/25/2024 (2,400). No shares were reported sold in the past three months. The filer certifies they are not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider plans to sell RSU-derived shares worth ~$1.12M on 08/25/2025; transaction appears routine and non-material to outstanding float.
The filing is a standard Form 144 notice indicating an insider will execute a sale through UBS. The shares were obtained as compensation (RSUs) over 2022 and 2024. Relative to the 51.16M shares outstanding, 20,000 shares equal roughly 0.04% of the outstanding common stock, so this notice alone is unlikely to be material to valuation or control. No recent sales in the prior three months are reported, which limits immediate trend inference.
TL;DR: This is a routine disclosure of an intended sale of vested RSUs; it raises standard governance transparency but no red flags.
The filer discloses the nature and dates of RSU grants and confirms the absence of undisclosed material information. The use of a broker and the formal Form 144 filing align with compliance expectations for insider dispositions. There are no indications of clustered insider selling or other governance concerns within this document alone.