Michael McRoberts - 09 Aug 2024 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
Chief Operating Officer, Director
Signature
/s/ Steven L. Keller, Attorney in Fact for Michael McRoberts
Issuer symbol
RUSHA
Transactions as of
09 Aug 2024
Net transactions value
-$491,900
Form type
4
Filing time
12 Aug 2024, 18:47:02 UTC
Previous filing
19 Mar 2024
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class A Common Stock Options Exercise $126,420 +10,500 +69% $12.04 25,720 09 Aug 2024 Direct
transaction RUSHA Class A Common Stock Sale $532,560 -10,500 -41% $50.72 15,220 09 Aug 2024 Direct F1
transaction RUSHA Class A Common Stock Options Exercise $15,680 +2,000 +13% $7.84 17,220 09 Aug 2024 Direct
transaction RUSHA Class A Common Stock Sale $101,440 -2,000 -12% $50.72 15,220 09 Aug 2024 Direct F1

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) Options Exercise $0 -10,500 -100% $0.000000* 0 09 Aug 2024 Class A Common Stock 10,500 $12.04 Direct F2
transaction RUSHA Option (right to buy) Options Exercise $0 -2,000 -17% $0.000000 10,000 09 Aug 2024 Class A Common Stock 2,000 $7.84 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.57 to $51.17. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F2 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.