Buckle (BKE) SVP linked trust gifts 12,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Buckle Inc. senior vice president of leasing Brett P. Milkie reported a routine gift of company stock. An entity listed as a trust made a bona fide gift of 12,000 shares of Buckle common stock at a stated price of $0.0000 per share. After this indirect gift transaction, the filing shows 95,970 shares held indirectly by trust and a separate direct holding entry showing 49,680 shares. The transaction is a non-market transfer and does not involve an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,000 shares gifted
Mixed
2 txns
Insider
MILKIE BRETT P
Role
SVP Leasing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 12,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 95,970 shares (Indirect, By Trust);
Common Stock — 49,680 shares (Direct, null)
Footnotes (1)
Key Figures
Gifted shares: 12,000 shares
Gift price per share: $0.0000 per share
Indirect holdings after gift: 95,970 shares
+3 more
6 metrics
Gifted shares
12,000 shares
Bona fide gift of common stock
Gift price per share
$0.0000 per share
Stated transaction price for gifted shares
Indirect holdings after gift
95,970 shares
Common stock held indirectly by trust after transaction
Direct holdings entry
49,680 shares
Common stock in separate direct holding entry after transaction
Gift transactions count
1 transaction
Bona fide gift coded as G on Form 4
Gift share total
12,000 shares
Total gifted shares in transactionSummary
Key Terms
bona fide gift, indirect, Form 4, Common Stock, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect financial
""direct_or_indirect": "I", "ownership_type": "indirect""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code regulatory
""transaction_code": "G", "transaction_code_description""
FAQ
What insider transaction did Buckle (BKE) report for Brett P. Milkie?
Buckle reported that Brett P. Milkie was associated with a bona fide gift of 12,000 shares of common stock. The transaction is coded as a gift, meaning it was a non-market transfer with no sale proceeds or open-market trading activity involved.
What are Brett P. Milkie’s reported Buckle (BKE) holdings after the gift?
After the reported transactions, the filing shows 95,970 Buckle common shares held indirectly by trust and 49,680 shares in a separate direct holding entry. These figures provide the post-transaction positions associated with the reporting person in this Form 4.
Was the Buckle (BKE) insider transaction a market sale or purchase?
No, the transaction was not a market sale or purchase. It is coded as a bona fide gift, which is a non-market disposition, and the filing shows a transaction price of $0.0000 per share, indicating no cash consideration was received.
What role does Brett P. Milkie hold at Buckle (BKE)?
Brett P. Milkie is identified in the filing as an officer of Buckle with the title "SVP Leasing." This means he serves as a senior vice president responsible for leasing matters while also being the reporting person for the disclosed Form 4 transactions.