Rush Enterprises (RUSHA) SVP Michael Goldstone Exercises Options, Sells 4,500 Shares

What Happened
Michael L. Goldstone, Senior Vice President, General Counsel and Corporate Secretary of Rush Enterprises (RUSHA), exercised a total of 4,500 option shares and immediately sold those shares in open-market transactions. On 2026-07-30 he exercised 2,400 options at $15.06 ($36,144) and sold 2,400 shares at a weighted-average price of $81.05 for gross proceeds of $194,512. On 2026-08-03 he exercised 2,100 options at $15.06 ($31,626) and sold 2,100 shares at a weighted-average price of $81.30 for gross proceeds of $170,731. Combined, the exercises cost $67,770 and the sales generated $365,243 in gross proceeds (approximate net proceeds before taxes/fees ≈ $297,473).

Key Details

• Transaction dates: 2026-07-30 and 2026-08-03. Form filed 2026-08-03 (appears timely under the two-business-day Form 4 rule).
• Exercise price(s): $15.06 per share for all exercised shares.
• Sale weighted-average prices: 7/30 sales VWAP $81.05 (range $80.87–$81.13) [F1]; 8/03 sales VWAP $81.30 (range $81.00–$81.55) [F2]. Full per-trade breakdown available on request per footnotes.
• Total exercised: 4,500 shares; total sold: 4,500 shares; derivative entries showing $0 reflect cancellation/conversion of the option instruments upon exercise.
• Shares owned after the transactions: not disclosed in the provided excerpt — see the full Form 4 for current beneficial ownership and holdings.
• Footnotes: F1/F2 explain VWAP/range reporting; F3 notes these options vest in 1/3 increments annually from the 3rd anniversary of grant (standard vesting detail).

Context

• This was an exercise-and-sell (effectively a cashless exercise): options were exercised and the resulting shares were promptly sold in the open market. That pattern is common for executives exercising vested options to cover exercise costs and tax obligations and does not by itself signal a change in long-term view.
• All figures above are gross proceeds; taxes, broker fees, or withholding may reduce net cash received.
• The filing is informational and factual — it reports the transactions rather than explaining motivations.