W. M. Rusty Rush - Dec 5, 2023 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
CEO, President and COB, Director, 10%+ Owner
Signature
/s/ Steven L. Keller
Stock symbol
RUSHA
Transactions as of
Dec 5, 2023
Transactions value $
-$65,340,000
Form type
4
Date filed
12/7/2023, 05:07 PM
Previous filing
Mar 17, 2023
Next 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 Sale -$65.3M -1.5M -66.85% $43.56 744K Dec 5, 2023 Direct F1, F2, F3
holding RUSHA Class B Common Stock 6.75M Dec 5, 2023 By 3MR Partners, L.P. F2
holding RUSHA Class A Common Stock 6.18K Dec 5, 2023 By 3MR Partners, L.P. F2
holding RUSHA Class A Common Stock 174K Dec 5, 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale was made pursuant to a Share Repurchase Agreement, dated as of December 5, 2023, by and between Rush Enterprises, Inc. (the "Company") and W.M. "Rusty" Rush.
F2 On August 28, 2023, the Company 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 unvested restricted stock and certain shares included in the Company's deferred compensation plan.
F4 Includes certain shares included in the Company's deferred compensation plan.