T. Anderson - Mar 15, 2024 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Signature
/s/ Steven L. Keller, Attorney in Fact for Scott Anderson
Stock symbol
RUSHA
Transactions as of
Mar 15, 2024
Transactions value $
-$420,363
Form type
4
Date filed
3/19/2024, 05:27 PM
Previous filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class B Common Stock Tax liability -$133K -2.64K -1.63% $50.64 159K Mar 15, 2024 Direct F1, F2, F3
transaction RUSHA Class B Common Stock Tax liability -$133K -2.64K -1.66% $50.64 157K Mar 15, 2024 Direct F2, F4
transaction RUSHA Class B Common Stock Tax liability -$153K -3.03K -1.93% $50.64 154K Mar 15, 2024 Direct F2, F5
transaction RUSHA Class B Common Stock Award $0 +19.3K +12.53% $0.00 173K Mar 15, 2024 Direct F2, F6

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 +12.5K $0.00 12.5K Mar 15, 2024 Class A Common Stock 12.5K $49.24 Direct F7
* 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 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.