secwatch.observer — SEC 8-K summary
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Issuer:     BUCKLE INC (BKE)
CIK:        0000885245
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0000885245-24-000002
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Buckle approves FY2024 exec comp: CEO salary $1.275M, bonus target $260M pre-bonus net income
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- CEO Dennis Nelson base salary $1.275M; other NEOs include CFO Heacock $595K, EVP Smith $660K.
- Bonus pool based on pre-bonus net income; target set at $260M; CEO gets 37% of pool.
- Non-vested stock grants: CEO 120K shares (110K performance-based, 10K non-performance); other NEOs total from 16K to 19.8K shares.
- Restricted stock vesting schedule: 20% immediately after certification, then 20/30/30% over next three years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885245/000088524524000002/0000885245-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885245/000088524524000002/bke-20240201.htm
  HTML page:      https://secwatch.observer/filing/0000885245-24-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer