secwatch.observer — SEC 8-K summary
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Issuer:     BUCKLE INC (BKE)
CIK:        0000885245
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0000885245-25-000038
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Buckle sets FY2025 exec comp: CEO salary $1.3M, new incentive plan with $270M target, restricted stock grants
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885245/000088524525000038/0000885245-25-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885245/000088524525000038/bke-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000885245-25-000038

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