other material
confidence high
sentiment neutral
materiality 0.30
Buckle sets FY2025 exec comp: CEO salary $1.3M, new incentive plan with $270M target, restricted stock grants
BUCKLE INC
- CEO Dennis Nelson base salary of $1.3M; CFO Heacock $635K; EVP Stores Smith $690K; SVP Leasing Milkie $670K.
- 2025 Incentive Plan bonus pool: 2.5% of pre-bonus net income plus incremental up to 10% factor for growth over $270M target.
- CEO receives 37% of the bonus pool; other executives' shares set by CEO under plan.
- Restricted stock grants: CEO 120k shares (110k performance-based), others 18-20k shares each with multi-year vesting.
- First Amendment to 2024 Incentive Plan adds discretionary bonus pool of up to $5M for executives.