Steven L. Keller - Mar 15, 2024 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role: CFO & Treasurer
Signature: /s/ Steven L. Keller
Stock symbol: RUSHA
Transactions as of: Mar 15, 2024
Transactions value $: -$537,949
Form type: 4
Date filed: 3/19/2024, 05:27 PM
Previous filing: Dec 8, 2023
Next filing: Nov 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUSHA	Class B Common Stock	Tax liability	-$149K	-2.95K	-1.33%	$50.64	219K	Mar 15, 2024	Direct	F1, F2, F3
transaction	RUSHA	Class B Common Stock	Tax liability	-$169K	-3.34K	-1.53%	$50.64	216K	Mar 15, 2024	Direct	F2, F4
transaction	RUSHA	Class B Common Stock	Tax liability	-$219K	-4.33K	-2%	$50.64	212K	Mar 15, 2024	Direct	F2, F5
transaction	RUSHA	Class B Common Stock	Award	$0	+25K	+11.82%	$0.00	237K	Mar 15, 2024	Direct	F2, F6
holding	RUSHA	Class A Common Stock						83.4K	Mar 15, 2024	Direct	F7, 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	+10K		$0.00	10K	Mar 15, 2024	Class A Common Stock	10K	$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	On August 28, 2023, the Issuer 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.
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	Includes 362.37 shares acquired on July 1, 2023, and 306.5819 shares acquired o January 1, 2024, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
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.