Jody Pollard - Feb 15, 2024 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
Senior Vice President
Signature
/s/ Matthew D. Willcox, Attorney in Fact for Jody Pollard
Stock symbol
RUSHA
Transactions as of
Feb 15, 2024
Transactions value $
-$407,752
Form type
4
Date filed
2/16/2024, 05:26 PM
Previous filing
Jul 28, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class A Common Stock Options Exercise $135K +11.3K +405.06% $12.04 14K Feb 15, 2024 Direct F1, F2
transaction RUSHA Class A Common Stock Sale -$543K -11.3K -80.2% $48.28 2.78K Feb 15, 2024 Direct F3

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) Options Exercise $0 -11.3K -100% $0.00* 0 Feb 15, 2024 Class A Common Stock 11.3K $12.04 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 204.735 shares acquired on July 1, 2023, and 173.2101 shares acquired on January 1, 2024, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
F2 On August 28, 2023, the Issuer effected a 3-for-2 stock split of its common stock. The amount of securities reported on this Form 4 have been adjusted to reflect the stock split.
F3 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.19 to $48.37. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F4 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.