Steven L. Keller - Mar 15, 2023 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role: CFO & Treasurer
Signature: /s/ Steven L. Keller
Stock symbol: RUSHA
Transactions as of: Mar 15, 2023
Transactions value $: -$221,367
Form type: 4
Date filed: 3/17/2023, 06:25 PM
Previous filing: Mar 14, 2023
Next filing: Dec 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUSHA	Class B Common Stock	Tax liability	-$104K	-1.87K	-1.44%	$55.55	128K	Mar 15, 2023	Direct	F1, F2
transaction	RUSHA	Class B Common Stock	Tax liability	-$118K	-2.12K	-1.65%	$55.55	126K	Mar 15, 2023	Direct	F2, F3
transaction	RUSHA	Class B Common Stock	Award	$0	+22K	+17.45%	$0.00	148K	Mar 15, 2023	Direct	F2, F4
holding	RUSHA	Class A Common Stock						55.1K	Mar 15, 2023	Direct	F5, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RUSHA	Option (right to buy)	Award	$0	+10K		$0.00	10K	Mar 15, 2023	Class A Common Stock	10K	$52.56	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2021.
F2	Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.
F3	Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2022.
F4	Reflects the grant of restricted stock. The restricted stock vests in increments of 1/3 on each of the first, second and third anniversary of the grant date, which is March 15, 2023.
F5	Includes 259.21 shares acquired on July 1, 2022, and 211.61 shares acquired o January 1, 2023, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
F6	Includes certain shares included in the Company's deferred compensation plan.
F7	Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.