Buckle approves fiscal 2026 executive pay program; two executives to retire February 13
Buckle's Compensation Committee approved the fiscal 2026 executive compensation program on January 28, 2026, keeping elements consistent with fiscal 2025. Executive Vice President of Stores Kari G. Smith and Senior Vice President of Sales Michelle M. Hoffman, who are retiring effective February 13, 2026, were excluded from the program. The filing ties much of executive pay to pre-bonus net income and operating margin targets, which affects shareholder dilution and incentives.
Key points
- Chief Executive Officer Dennis H. Nelson's fiscal 2026 base salary is $1,340,000; CFO Thomas B. Heacock's is $665,000.
- Nelson's share of the bonus pool is 37 points, approximately 37% of allocated points; the pool base is 2.5% of fiscal 2026 pre-bonus net income.
- Non-Vested Stock grants effective February 1, 2026 total 120,000 shares for Nelson, 18,400 for Heacock and 18,400 for Brett P. Milkie.
- Smith and Hoffman are retiring effective February 13, 2026, as announced January 23, 2026.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.