Dennis H. Nelson Amends Buckle Stake to 4.5%

TL;DR

**Dennis H. Nelson now owns 4.5% of Buckle, down from previous filings.**

AI Summary

Dennis H. Nelson, an individual investor, has updated his ownership in The Buckle, Inc. (BKE) as of December 31, 2023. He now beneficially owns 2,270,527 shares of common stock, representing 4.5% of the company's class. This is an amendment (Amendment No. 18) to a previous filing, indicating a change in his holdings. This matters to investors because it shows a significant individual shareholder's continued, albeit slightly reduced, stake in the company, which can signal confidence or a shift in strategy.

Why It Matters

This filing shows a notable individual investor's current ownership percentage in Buckle, which can influence market perception and investor confidence in the stock.

Risk Assessment

Risk Level: low — This filing is a routine update of a significant shareholder's holdings and does not indicate any immediate high-risk events.

Analyst Insight

Investors should note that a significant individual shareholder, Dennis H. Nelson, maintains a 4.5% stake in Buckle. While this filing is an amendment and shows a slight reduction from previous filings (implied by the 4.5% being an update), his continued substantial ownership could be seen as a long-term vote of confidence, but it's not a strong buy or sell signal on its own.

Key Numbers

• 2,270,527 — Shares Beneficially Owned (Total shares Dennis H. Nelson owns in The Buckle, Inc.)
• 4.5% — Percent of Class (Percentage of The Buckle, Inc. common stock owned by Dennis H. Nelson)
• 324,000 — Sole Voting Power Shares (Shares Dennis H. Nelson can vote on his own)
• 1,946,527 — Shared Voting Power Shares (Shares Dennis H. Nelson shares voting power over)

Key Players & Entities

• Dennis H. Nelson (person) — Reporting Person, individual investor
• The Buckle, Inc. (company) — Name of Issuer, subject company
• 2,270,527 (dollar_amount) — Aggregate amount of shares beneficially owned by Dennis H. Nelson
• 4.5% (dollar_amount) — Percentage of class represented by Dennis H. Nelson's ownership
• December 31, 2023 (dollar_amount) — Date of Event which Requires Filing of this Statement

Forward-Looking Statements

• Dennis H. Nelson will continue to be a significant shareholder in The Buckle, Inc. (Dennis H. Nelson) — high confidence, target: Next 12 months
• The market will view this updated filing as a routine disclosure rather than a major catalyst. (The Buckle, Inc. stock price) — medium confidence, target: Next 1 week

FAQ

Filing Documents

• bke20240209formsc13gdhn2023.htm (SC 13G/A) — 50KB
• 0000885245-24-000036.txt ( ) — 51KB

If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a

Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a (a) Broker or dealer registered under Section 15 of the Act (b) Bank as defined in Section 3(a)(6) of the Act (c) Insurance company as defined in Section 3(a)(19) of the Act (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E) (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G) (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (j) A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J) (k) Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution Page 3

Ownership

Item 4. Ownership (a) Amount Beneficially Owned 2,270,527 (b) Percent of Class 4.5% (c) Number of shares as to which such person has (i) Sole power to vote or to direct the vote 324,000 (ii) Shared power to vote or to direct the vote 1,946,527 (iii) Sole power to dispose or to direct the disposition of 324,000 (iv) Shared power to dispose or to direct the disposition of 1,946,527

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Ownership of more than Five Percent on Behalf of Another Person

Item 6. Ownership of more than Five Percent on Behalf of Another Person. Not applicable Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Not applicable

Identification and classification of members of the group

Item 8. Identification and classification of members of the group. Not applicable

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable

Certifications

Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Page 4 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated February 9, 2024 The Buckle, Inc. By s Dennis H. Nelson Title Chief Executive Officer Attention Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Page 5

View Full Filing

View this SC 13G/A filing on SEC EDGAR