Keller Steven L 4

What Happened

• Steven L. Keller, CFO & Treasurer of Rush Enterprises, was granted 35,000 restricted shares on March 13, 2026 (25,000 + 10,000; the latter reported as a derivative). The restricted stock vests one-third on each of the first, second and third anniversaries of the March 13, 2026 grant date.
• Separate transactions on March 14–15, 2026 show 10,890 shares disposed of to satisfy tax obligations (withheld by the company) at a reported price of $59.69 per share, totaling $650,024. These disposals were tax-withholding related to prior restricted-stock vestings, not open-market sales.

Key Details

• Grant(s): 25,000 shares and 10,000 restricted (derivative) shares granted on 2026-03-13 at $0.00 (standard restricted-stock award).
• Withholdings (to cover taxes): 3/14/2026 — 3,281 shares @ $59.69 = $195,843; 3/15/2026 — 4,329 shares @ $59.69 = $258,398; 3/15/2026 — 3,280 shares @ $59.69 = $195,783. Total withheld = 10,890 shares, $650,024.
• Price note: $59.69 is the closing share price on March 13, 2026 (filing footnote).
• Footnotes: Vesting schedule for the new grant (1/3 each year) per F1; the withheld shares relate to tax obligations from prior grants on 3/15/2023, 3/15/2024 and 3/14/2025 (F3–F6); other holdings include ESPP and deferred-comp shares (F7).
• Shares owned after the transactions are not specified in the filing.
• Timeliness: Form 4 was filed on 2026-03-17 for transactions dated 3/13–3/15/2026; this filing appears to be within the SEC’s two-business-day requirement.

Context

• These filings reflect a new restricted-stock award (vesting over three years) and routine company withholding of shares to satisfy tax liabilities from prior vestings. Withholdings are common and do not indicate an open-market sale or necessarily signal the insider’s view on the stock.