RUSH ENTERPRISES INC \TX\·4

Mar 17, 7:51 PM ET

McRoberts Michael 4

4 · RUSH ENTERPRISES INC \TX\ · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Rush Enterprises (RUSHA) Director Michael McRoberts Receives Award, Shares Withheld

What Happened

  • Michael McRoberts, a director and senior advisor at Rush Enterprises (RUSHA), received a grant of 4,188 restricted shares on March 13, 2026 (awarded at $0.00).
  • To satisfy tax withholding obligations tied to prior restricted-stock vesting, a total of 20,046 shares were surrendered on March 14–15, 2026. The withholding used the closing price of $59.69 on March 13, 2026, valuing the withheld shares at about $1,196,547. These were tax-withholding disposals, not open-market sales.

Key Details

  • Transaction dates and amounts:
    • 2026-03-13: Grant of 4,188 restricted shares (reported acquisition at $0.00).
    • 2026-03-14: 4,895 shares withheld (@ $59.69) = $292,183.
    • 2026-03-15: 7,508 shares withheld (@ $59.69) = $448,153.
    • 2026-03-15: 7,643 shares withheld (@ $59.69) = $456,211.
  • Total shares withheld: 20,046; total value of withheld shares (per filing) ≈ $1,196,547.
  • The restricted stock grant vests in thirds on each of the first, second and third anniversaries of the grant date (March 13, 2026).
  • Withheld shares correspond to tax obligations from prior grants that vested on March 15, 2023; March 15, 2024; and March 14, 2025 (per filing footnotes).
  • Shares are held in the Michael J. McRoberts Trust; the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
  • Filing: Form 4 filed March 17, 2026 (period of report March 13, 2026); filing appears timely based on the reported dates.

Context

  • This filing reflects a new award of restricted stock and routine tax-withholding transactions tied to earlier vesting events. The withheld shares were used to cover tax liabilities and do not represent open-market selling pressure.
  • Restricted-stock grants are common compensation for executives/directors and vest over time; the award itself is a non-cash benefit and does not necessarily signal a buy or sell decision.

Insider Transaction Report

Form 4
Period: 2026-03-13
McRoberts Michael
DirectorOther
Transactions
  • Award

    Class B Common Stock

    [F1][F2]
    2026-03-13+4,188100,449 total
  • Tax Payment

    Class B Common Stock

    [F3][F4][F2]
    2026-03-15$59.69/sh7,508$448,15392,941 total
  • Tax Payment

    Class B Common Stock

    [F5][F4][F2]
    2026-03-15$59.69/sh7,643$456,21185,298 total
  • Tax Payment

    Class B Common Stock

    [F6][F4][F2]
    2026-03-14$59.69/sh4,895$292,18380,403 total
Holdings
  • Class B Common Stock

    [F7]
    (indirect: By Trust)
    182,434
  • Class B Common Stock

    (indirect: By Spouse)
    1,000
Footnotes (7)
  • [F1]Reflects the grant of restricted stock. The restricted stock vests in increments of 1/3 on each of the first, second and third anniversary of the grant date, which is March 13, 2026.
  • [F2]Includes shares of unvested restricted stock.
  • [F3]Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2023.
  • [F4]The price reported was the closing share price on March 13, 2026.
  • [F5]Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2024.
  • [F6]Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 14, 2025.
  • [F7]Shares are held in the Michael J. McRoberts Trust, a revocable trust of which the reporting person is the sole trustee. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.
Signature
/s/ Steven L. Keller, Attorney in Fact for Michael McRoberts|2026-03-17

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4