Form 4: Buckle Inc. CEO Dennis Nelson Reports Stock Sale Under 10b5-1 Plan
SEC Form 4 Filing
Dennis Nelson, President & CEO of Buckle Inc., reports the sale of 15,340 shares of common stock at $36.3242 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Dennis H. Nelson, the President & CEO of Buckle Inc., reported a transaction involving the company's common stock.
- On March 17, 2025, Nelson sold 15,340 shares of Buckle Inc. common stock at a price of $36.3242 per share.
- The sale was executed under a pre-arranged 10b5-1 trading plan adopted on April 24, 2024.
- Following the transaction, Nelson directly owns 444,000 shares.
- Nelson also has indirect ownership through a trust (1,647,695 shares), his wife (67,500 shares), a family trust (415.3 shares), and a 401(k) plan (14,417.46 shares as of 2/28/2025).
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction was pre-planned under a 10b5-1 trading plan. It doesn't necessarily indicate a positive or negative outlook for the company.
Positives
- The sale was executed under a pre-arranged 10b5-1 trading plan, indicating it was planned well in advance and not based on immediate market conditions.
Industry Context
Insider transactions are routinely monitored by investors as they can provide signals, though sales under 10b5-1 plans are less informative since they are pre-planned.
Key Dates
| Date | Description |
|---|---|
| 2024/04/24 | Date the reporting person adopted the 10b5-1 trading plan |
| 2025/02/28 | Holdings as of this date, as reported by plan administrator |
| 2025/03/17 | Date of the stock sale transaction |
| 2025/03/19 | Date of the signature on the report |
Keywords
Buckle Inc, BKE, Dennis Nelson, Stock Sale, Form 4, 10b5-1 Trading Plan, Insider Trading
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