Pollard Jody 4

What Happened
Jody Pollard, Senior Vice President of Rush Enterprises, was granted restricted stock on March 13, 2026 (17,400 shares plus a 10,000-share derivative award). Separately, the filing shows 7,990 shares were surrendered/withheld on March 14–15 to satisfy tax obligations tied to earlier restricted stock vestings; those withholdings were reported at $59.69 per share for a total value of about $476,923. The new March 13 grant vests in thirds over three years (1/3 on each anniversary).

Key Details

• Grant date: 2026-03-13 — 17,400 shares (award) + 10,000 shares (derivative restricted award). No cash paid for the grant (reported $0.00).
• Tax withholding (disposals reported as "F"):
  • 2026-03-14: 2,283 shares @ $59.69 = $136,272 (withholding for 3/14/2025 vesting, per footnote).
  • 2026-03-15: 2,283 shares @ $59.69 = $136,272 (withholding for 3/15/2024 vesting).
  • 2026-03-15: 3,424 shares @ $59.69 = $204,379 (withholding for 3/15/2023 vesting).
  • Total withheld: 7,990 shares; total value ≈ $476,923. (Price = closing price on 3/13/2026 per filing.)
• Shares owned after the transactions are not specified in the excerpt; the filing indicates retained unvested restricted stock.
• Notable footnotes: vesting schedule for the Mar 13 grant is 1/3 each year for three years (F1); several footnotes (F3–F6) state the withheld shares satisfy tax obligations from prior-year vestings; F2 notes inclusion of unvested restricted stock.
• Filing date: 2026-03-17 — filed within the standard two-business-day window after the 3/13 grant (timely).

Context

• These transactions are primarily award grants plus routine tax-withholding (share surrender) to cover income tax liabilities from earlier vested awards. Withholdings are not open-market sales and are a common administrative step when restricted shares vest.
• The 10,000-share item is reported as a derivative/restricted award (not a new option exercise); the new award will vest over time per the stated schedule.
• No 10b5-1 plan or late-filing flag is indicated in the provided data.