Jody Pollard - Mar 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
Mar 15, 2024
Transactions value $
-$470,192
Form type
4
Date filed
3/19/2024, 05:40 PM
Previous filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class B Common Stock Tax liability -$143K -2.83K -1.92% $50.64 145K Mar 15, 2024 Direct F1, F2, F3
transaction RUSHA Class B Common Stock Tax liability -$153K -3.03K -2.09% $50.64 142K Mar 15, 2024 Direct F3, F4
transaction RUSHA Class B Common Stock Tax liability -$173K -3.42K -2.42% $50.64 138K Mar 15, 2024 Direct F3, F5
transaction RUSHA Class B Common Stock Award $0 +17.4K +12.6% $0.00 156K Mar 15, 2024 Direct F3, 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, 2024 Class A Common Stock 10K $49.24 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 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 Includes shares of unvested restricted stock.
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 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.