W. M. Rusty Rush - Mar 15, 2024 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role: CEO, President and COB, Director, 10%+ Owner
Signature: /s/ Steven L. Keller, Attorney in Fact for W.M. "Rusty" Rush
Stock symbol: RUSHA
Transactions as of: Mar 15, 2024
Transactions value $: -$2,042,412
Form type: 4
Date filed: 3/19/2024, 05:26 PM
Previous filing: Dec 8, 2023
Next filing: Jun 10, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUSHA	Class B Common Stock	Tax liability	-$648K	-12.8K	-1.73%	$50.64	725K	Mar 15, 2024	Direct	F1, F2, F3
transaction	RUSHA	Class B Common Stock	Tax liability	-$697K	-13.8K	-1.9%	$50.64	711K	Mar 15, 2024	Direct	F2, F4
transaction	RUSHA	Class B Common Stock	Tax liability	-$697K	-13.8K	-1.94%	$50.64	697K	Mar 15, 2024	Direct	F2, F5
transaction	RUSHA	Class B Common Stock	Award	$0	+70K	+10.04%	$0.00	767K	Mar 15, 2024	Direct	F2, F6
holding	RUSHA	Class B Common Stock						6.76M	Mar 15, 2024	By 3MR Partners, L.P.	F7
holding	RUSHA	Class A Common Stock						6.18K	Mar 15, 2024	By 3MR Partners, L.P.
holding	RUSHA	Class A Common Stock						174K	Mar 15, 2024	Direct	F8

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 15, 2024	Class A Common Stock	35K	$49.24	Direct	F9

* 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	Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.
F3	The shares reported have been decreased by 6,185 shares to correct an inadvertent error in the Form 4 filed for the reporting person on December 8, 2023.
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	The shares reported have been increased by 6,185 shares to correct an inadvertent error in the Form 4 filed for the reporting person on December 8, 2023.
F8	Includes certain shares included in the Company's deferred compensation plan.
F9	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.