Jody Pollard - Jul 28, 2023 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: Jul 28, 2023
Transactions value $: -$93,063
Form type: 4
Date filed: 7/28/2023, 04:59 PM
Previous filing: Mar 17, 2023
Next filing: Feb 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUSHA	Class A Common Stock	Options Exercise	$43.1K	+2.14K	+133.47%	$20.18	3.73K	Jul 28, 2023	Direct
transaction	RUSHA	Class A Common Stock	Sale	-$136K	-2.14K	-57.17%	$63.77	1.6K	Jul 28, 2023	Direct	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	RUSHA	Option (right to buy)	Options Exercise	$0	-2.14K	-100%	$0.00^*	0	Jul 28, 2023	Class A Common Stock	2.14K	$20.18	Direct	F2

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

Explanation of Responses:

Id	Content
F1	This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.74 to $63.84. 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.
F2	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.