WILLIAM M. RUSTY RUSH - 06 Nov 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
Issuer symbol: RUSHA
Transactions as of: 06 Nov 2024
Net transactions value: -$6,433,359
Form type: 4
Filing time: 07 Nov 2024, 17:44:24 UTC
Previous filing: 23 Aug 2024
Next filing: 18 Mar 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	$466,550	+38,750	+22%	$12.04	212,904	06 Nov 2024	Direct	F1
transaction	RUSHA	Class A Common Stock	Sale	$2,479,113	-38,750	-18%	$63.98	174,154	06 Nov 2024	Direct	F1, F2
transaction	RUSHA	Class A Common Stock	Options Exercise	$617,400	+78,750	+45%	$7.84	252,904	06 Nov 2024	Direct	F1
transaction	RUSHA	Class A Common Stock	Sale	$5,038,197	-78,750	-31%	$63.98	174,154	06 Nov 2024	Direct	F1, F2
holding	RUSHA	Class B Common Stock						6,612,102	06 Nov 2024	By 3MR Partners, L.P.
holding	RUSHA	Class A Common Stock						6,184	06 Nov 2024	By 3MR Partners, L.P.
holding	RUSHA	Class B Common Stock						767,295	06 Nov 2024	Direct	F3

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	-38,750	-100%	$0.000000	0	06 Nov 2024	Class A Common Stock	38,750	$12.04	Direct	F4
transaction	RUSHA	Option (right to buy)	Options Exercise	$0	-78,750	-100%	$0.000000	0	06 Nov 2024	Class A Common Stock	78,750	$7.84	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes certain shares included in the Company's deferred compensation plan.
F2	This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.75 to $64.3650. 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.
F3	Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.
F4	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.