Goldstone Michael L 4

4 · RUSH ENTERPRISES INC \TX\ · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Rush Enterprises (RUSHA) SVP Michael Goldstone Exercises Options, Sells Shares

What Happened

Michael L. Goldstone, SVP, General Counsel and Corporate Secretary of Rush Enterprises (RUSHA), exercised 4,500 stock options at $15.06 per share (cost $67,770) on 2026-02-19 and sold 4,500 shares that same day in the open market for total proceeds of $323,383. The filing also shows the underlying derivative/option was converted/terminated as part of the transaction.

Key Details

Transaction date: 2026-02-19 (filed 2026-02-23; filing appears timely).
Exercise: 4,500 shares at $15.06 each; total exercise cost reported $67,770.
Sale: 4,500 shares sold at a weighted average price of $71.86; total proceeds reported $323,383. (Footnote F2: sale prices ranged from $71.75 to $72.01 across multiple trades.)
Derivative disposition: the option/derivative for 4,500 shares was recorded as converted/terminated (reported at $0).
Shares owned after transaction: not specified in the supplied excerpt. Footnote F1 notes holdings include 41.1146 shares acquired 7/1/2025 and 39.2584 shares acquired 1/1/2026 under the company ESPP.
Footnote F3: the options exercised are subject to a vesting/exercise schedule (may be exercisable in 1/3 increments on each anniversary beginning the third anniversary of grant).

Context

This was an exercise followed by an immediate open-market sale (a cashless or simultaneous exercise-and-sell pattern). That typically converts options into cash proceeds rather than increasing the insider's long-term share stake.
The filing is factual and routine in form; it does not, by itself, indicate the insider’s broader market view.

Form 4

Period: 2026-02-19

SVP, GC and Corp. Sec.

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-02-19$15.06/sh+4,500$67,770→ 17,090.085 total
Sale
Class A Common Stock
[F2]
2026-02-19$71.86/sh−4,500$323,383→ 12,590.085 total
Exercise/Conversion
Option (right to buy)
[F3]
2026-02-19−4,500→ 0 total
Exercise: $15.06Exp: 2027-03-15→ Class A Common Stock (4,500 underlying)

Footnotes (3)

[F1]Includes 41.1146 shares acquired on July 1, 2025, and 39.2584 shares acquired on January 1, 2026, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
[F2]This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.75 to $72.010. 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]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.

Signature

/s/ Matthew D. Willcox, Attorney in Fact for Michael L. Goldstone|2026-02-23

1 file