Jason Wilder - 15 Mar 2024 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Signature
/s/ Matthew D. Willcox, Attorney in Fact for Jason Wilder
Issuer symbol
RUSHA
Transactions as of
15 Mar 2024
Net transactions value
-$329,920
Form type
4
Filing time
19 Mar 2024, 17:39:13 UTC
Previous filing
18 Mar 2024
Next filing
30 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class B Common Stock Tax liability $84,518 -1,669 -2.7% $50.64 61,036 15 Mar 2024 Direct F1, F2
transaction RUSHA Class B Common Stock Tax liability $110,648 -2,185 -3.6% $50.64 58,851 15 Mar 2024 Direct F2, F3
transaction RUSHA Class B Common Stock Tax liability $134,753 -2,661 -4.5% $50.64 56,190 15 Mar 2024 Direct F2, F4
transaction RUSHA Class B Common Stock Award $0 +16,400 +29% $0.000000 72,590 15 Mar 2024 Direct F2, F5

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 +10,000 $0.000000 10,000 15 Mar 2024 Class A Common Stock 10,000 $49.24 Direct F6
* 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 Included shares of unvested restricted stock.
F3 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.
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, 2023.
F5 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 was March 15, 2024.
F6 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.