Trust tied to Buckle (BKE) EVP Kari Smith makes 5,000-share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Buckle Inc. executive vice president of stores Kari G. Smith reported a bona fide gift of 5,000 shares of Buckle common stock. The transfer was recorded as an indirect transaction through a trust and carried a price of $0.00 per share.
Following the gift, the trust-related indirect holding reported for Smith totaled 78,814 shares of common stock. This reflects a non-market, charitable-style disposition rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares gifted
Mixed
1 txn
Insider
SMITH KARI G
Role
EVP Stores
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 78,814 shares (Indirect, By Trust)
Footnotes (1)
Key Figures
Gifted shares: 5,000 shares
Transaction price: $0.00 per share
Shares after transaction: 78,814 shares
3 metrics
Gifted shares
5,000 shares
Bona fide gift of common stock
Transaction price
$0.00 per share
Price for gifted Buckle common stock
Shares after transaction
78,814 shares
Indirect trust holding following gift
Key Terms
Bona fide gift, indirect ownership, By Trust, Common Stock
4 terms
Bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 5,000-share transfer"
indirect ownership financial
"direct_or_indirect marked "I" with ownership_type "indirect" for the shares"
By Trust financial
"nature_of_ownership field lists the holding as "By Trust""
Common Stock financial
"security_title is identified as "Common Stock" for the transaction"
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.
FAQ
What insider transaction did Buckle (BKE) disclose for Kari G. Smith?
Buckle reported that a trust associated with EVP Stores Kari G. Smith made a bona fide gift of 5,000 shares of Buckle common stock at $0.00 per share, recorded as an indirect, non-market disposition of shares.
Was the Buckle (BKE) insider transaction a market sale or a gift?
The transaction was a bona fide gift, not a market sale. The Form 4 shows a transaction code G, indicating a gift transfer of 5,000 Buckle common shares at $0.00 per share through an indirectly owned trust.
What are Kari G. Smith’s reported holdings in Buckle (BKE) after the gift?
After the gift transaction, the Form 4 reports that the trust-related indirect holding for Kari G. Smith totaled 78,814 shares of Buckle common stock. This figure reflects the position immediately following the 5,000-share bona fide gift transfer.