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Buckle Chairman adopts Rule 10b5-1 plan
21 Feb '08
2 min read
The Buckle Inc announced that Dan Hirschfeld, Chairman of the Board, has adopted a stock trading plan to sell a portion of his shares of the Company's common stock.
The stock trading plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934.
Under the plan, Mr. Hirschfeld may sell up to 1,200,000 shares, or such lesser number as permissible under Rule 144, over a period of twelve months beginning March 3, 2008, unless the plan is amended or terminated.
Mr. Hirschfeld's plan was adopted February 19, 2008, during an authorized trading period and when Mr. Hirschfeld was not in possession of material, non-public information.
A third-party broker will administer Mr. Hirschfeld's stock trading plan. Sales of common stock by Mr. Hirschfeld pursuant to the terms of the plan or otherwise will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission.
Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women.
Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company's exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 368 retail stores in 38 states.
The stock trading plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934.
Under the plan, Mr. Hirschfeld may sell up to 1,200,000 shares, or such lesser number as permissible under Rule 144, over a period of twelve months beginning March 3, 2008, unless the plan is amended or terminated.
Mr. Hirschfeld's plan was adopted February 19, 2008, during an authorized trading period and when Mr. Hirschfeld was not in possession of material, non-public information.
A third-party broker will administer Mr. Hirschfeld's stock trading plan. Sales of common stock by Mr. Hirschfeld pursuant to the terms of the plan or otherwise will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission.
Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women.
Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company's exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 368 retail stores in 38 states.
The Buckle Inc
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