The Buckle EVP Divests $1.6 Million in Company Shares

Kari G. Smith, Executive Vice President of Stores at The Buckle (NYSE: BKE), executed an indirect sale of 30,000 shares of common stock on April 10, 2026. According to SEC Form 4 filings, the shares were sold through a trust structure at a price of approximately $54.57 per share, resulting in a total transaction value of roughly $1.64 million. This divestment represents a 26.36% reduction in Smith's total holdings. Following the transaction, her indirect ownership decreased from 113,814 to 83,814 shares, while her direct holdings remain at zero. The size of this sale aligns with the upper end of Smith's historical selling range. The transaction occurs as The Buckle shows signs of recovery following revenue dips in 2024 and 2025. For the five-week period ending April 5, 2026, the company reported that net sales rose 8.2% year-over-year. Growth has been primarily driven by the women's segment, which saw a 12% increase in sales during the same period and now accounts for 52% of total revenue. On the operational front, the company has maintained a stable footprint, operating 441 stores as of April 9, 2026, compared to 440 a year prior. Additionally, The Buckle appointed Scott Werth as the new senior vice president of stores at the end of March, a move following a peak in profitability seen in early 2022.