W. M. Rusty Rush - Mar 14, 2025 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Signature
/s/ Steven L. Keller, Attorney in Fact for W.M. "Rusty" Rush
Stock symbol
RUSHA
Transactions as of
Mar 14, 2025
Transactions value $
-$1,836,410
Form type
4
Date filed
3/18/2025, 07:00 PM
Previous filing
Nov 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class B Common Stock Award $0 +70K +9.12% $0.00 837K Mar 14, 2025 Direct F1, F2
transaction RUSHA Class B Common Stock Tax liability -$595K -11K -1.31% $54.09 826K Mar 15, 2025 Direct F2, F3, F4
transaction RUSHA Class B Common Stock Tax liability -$745K -13.8K -1.67% $54.09 813K Mar 15, 2025 Direct F2, F4, F5
transaction RUSHA Class B Common Stock Tax liability -$497K -9.18K -1.13% $54.09 803K Mar 15, 2025 Direct F2, F4, F6
holding RUSHA Class A Common Stock 174K Mar 14, 2025 Direct F7
holding RUSHA Class B Common Stock 6.61M Mar 14, 2025 By 3MR Partners, L.P.
holding RUSHA Class A Common Stock 6.18K Mar 14, 2025 By 3MR Partners, L.P.

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 +35K $0.00 35K Mar 14, 2025 Class A Common Stock 35K $53.60 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 14, 2025.
F2 Includes shares of 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 The price reported was the closing share price on March 14, 2025.
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 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, 2024.
F7 Includes certain shares included in the Company's deferred compensation plan.
F8 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.