RUSH ENTERPRISES INC \TX\ 8-K

What Happened
Rush Enterprises, Inc. (RUSHA) filed an 8-K reporting that, effective June 15, 2026, its subsidiary Rush Truck Centres of Canada Limited (RTC‑Canada) and the Company (as guarantor) entered into the Fourth Amendment to the Amended and Restated BMO Wholesale Financing and Security Agreement with Bank of Montreal (BMO). The amendment increases the total loan commitment under the RTC‑Canada floor‑plan credit agreement from C$171.7 million to C$194.7 million. The Fourth Amendment is attached as Exhibit 10.1 to the filing.

Key Details

• Effective date: June 15, 2026.
• Borrower/parties: Rush Truck Centres of Canada Limited (borrower) and Bank of Montreal (lender); Rush Enterprises is guarantor.
• Commitment increase: from C$171.7 million to C$194.7 million (floor‑plan/wholesale financing).
• Documentation: Fourth Amendment to the Amended and Restated BMO Wholesale Financing and Security Agreement (Exhibit 10.1).

Why It Matters
This amendment raises the Canadian subsidiary’s available credit for floor‑plan financing by C$23.0 million, increasing liquidity capacity to fund inventory and dealer operations in Canada. The filing does not disclose other changes (e.g., interest rates or covenant revisions); investors should view this as an increase in borrowing capacity rather than an immediate cash inflow.