Thomas Anthony Dineen - Mar 3, 2025 Form 4 Insider Report for STURM RUGER & CO INC (RGR)

Role: Treasurer and CFO
Signature: /s/ David J. Muhlenberg, attorney-in-fact
Stock symbol: RGR
Transactions as of: Mar 3, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/5/2025, 03:59 PM
Previous filing: Feb 28, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RGR	Common Stock	Options Exercise	$177K	+4.48K	+15.46%	$39.46	33.5K	Mar 3, 2025	with spouse	F1
transaction	RGR	Common Stock	Disposed to Issuer	-$177K	-4.48K	-14.02%	$39.46	27.5K	Mar 3, 2025	with spouse	F1

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	RGR	Restricted Stock Units	Options Exercise		-4.48K	-18.71%		19.5K	Mar 3, 2025	Common Stock	4.48K		Direct	F1
transaction	RGR	Restricted Stock Units	Award	$0	+12K	+61.83%	$0.00	31.5K	Mar 3, 2025	Common Stock	12K	$0.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	On March 1, 2022, the reporting person was granted 4,480 cash-settled restricted stock units pursuant to Rule 16b-3, which vested on the third anniversary of the grant. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of the issuer's common stock on the date of vesting. Vesting of cash-settled restricted stock units is reported in Table I as a deemed acquisition and disposition of the number of shares of common stock underlying such vested restricted stock units.
F2	Each restricted stock unit vests and converts to the cash value of one share of common stock on March 3, 2028, in accordance with the terms of the award.

Content

On March 1, 2022, the reporting person was granted 4,480 cash-settled restricted stock units pursuant to Rule 16b-3, which vested on the third anniversary of the grant. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of the issuer's common stock on the date of vesting. Vesting of cash-settled restricted stock units is reported in Table I as a deemed acquisition and disposition of the number of shares of common stock underlying such vested restricted stock units.

Each restricted stock unit vests and converts to the cash value of one share of common stock on March 3, 2028, in accordance with the terms of the award.