Steven L. Keller - Mar 15, 2024 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, 2024
Transactions value $
-$537,949
Form type
4
Date filed
3/19/2024, 05:27 PM
Previous 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 -$149K -2.95K -1.33% $50.64 219K Mar 15, 2024 Direct F1, F2, F3
transaction RUSHA Class B Common Stock Tax liability -$169K -3.34K -1.53% $50.64 216K Mar 15, 2024 Direct F2, F4
transaction RUSHA Class B Common Stock Tax liability -$219K -4.33K -2% $50.64 212K Mar 15, 2024 Direct F2, F5
transaction RUSHA Class B Common Stock Award $0 +25K +11.82% $0.00 237K Mar 15, 2024 Direct F2, F6
holding RUSHA Class A Common Stock 83.4K Mar 15, 2024 Direct F7, F8

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, 2024 Class A Common Stock 10K $49.24 Direct F9
* 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 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.
F4 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.
F5 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, 2023.
F6 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, 2024.
F7 Includes 362.37 shares acquired on July 1, 2023, and 306.5819 shares acquired o January 1, 2024, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
F8 Includes certain shares included in the Company's deferred compensation plan.
F9 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.