4Filed Mar 16, 8:00 PM ET
Rush Enterprises (RUSHA) SVP Michael Goldstone Receives Restricted Stock
$RUSHA · RUSH ENTERPRISES INC \TX\Research Summary
AI-generated summary of this SEC filing
Rush Enterprises (RUSHA) SVP Michael Goldstone Receives Restricted Stock
What Happened
Michael L. Goldstone, Senior Vice President, General Counsel and Corporate Secretary of Rush Enterprises (RUSHA), received a grant of restricted stock on March 13, 2026 totaling 22,000 shares (13,000 + 9,000). The awards were granted at $0 (restricted stock). Separately, on March 14–15, 2026 a total of 3,344 shares were surrendered/withheld to cover tax liabilities related to earlier restricted stock vestings (971, 1,079 and 1,294 shares), at a reported price of $59.69 per share, totaling $199,604.
Key Details
- Grant date: March 13, 2026 — 22,000 restricted shares granted (no cash paid). Vesting: 1/3 on each of the first, second and third anniversaries of the grant date. (See footnote F1.)
- Tax withholding/dispositions: March 14–15, 2026 — 971, 1,079 and 1,294 shares withheld/surrendered at $59.69 per share (total value reported $199,604). (Footnotes F3, F5, F6 describe these withholdings as satisfying tax obligations from prior vestings in 2023, 2024 and 2025.)
- Price reference: $59.69 is the closing share price on March 13, 2026 (footnote F4).
- Shares owned after the transactions: not specified in the filing.
- Filing timeliness: Form 4 was filed March 17, 2026 for transactions occurring March 13–15, 2026 (filed within the normal 2 business-day reporting window).
Context
- These transactions reflect a new restricted stock award (multi-year vest) plus routine tax-withholding (share surrender) tied to prior vestings — a common administrative step, not an open-market sale.
- The grant is a derivative/RSU-style award that vests in thirds over three years; the withheld shares were used to satisfy withholding obligations rather than indicate an open-market sale.