RUSH WILLIAM M RUSTY (CEO and President) sold 18.7% of their position (40K shares) of RUSH ENTERPRISES INC \TX\ on the open market
Open‑market sale worth $2.15M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 8/23/2024ACC: 0001437749-24-027691
DirectorOfficer10% Owner· CEO and President
Since Mar 2019
-40K
Net shares
Net seller
$2.15M
Total sold
1
Open market trades
0B · 1S
3
Total transactions
40K acquired · 80K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+40K
Price / share
$12.04
Trade value
$481.60K
% of position
23.0%
8/23/2024
174.15K→214.15K
Class A Common Stock
Direct
Shares
−40K
Price / share
$53.81
Trade value
$2.15M
% of position
18.7%
8/23/2024
214.15K→174.15K
Total
Net shares
+0.00
Net value
-$1.67M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 8/23/2024 | M · Option Exercise | +40K | $12.04 | $481.60K | 23.0% | 174.15K | 214.15K |
| Class A Common Stock Direct | 8/23/2024 | S · Sale | −40K | $53.81 | $2.15M | 18.7% | 214.15K | 174.15K |
| Total | +0.00 | -$1.67M | ||||||
Derivative Transactions1
Option (right to buy)
Direct
Converts to
Class A Common Stock
40K shares
Shares
−40K
Strike price
12.04
Held after
38.75K
Exercisable
—
8/23/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option (right to buy) Direct | Class A Common Stock40K shares | 8/23/2024 | M · Option Exercise | −40K | 12.04 | — | 38.75K |
Non-Derivative Holdings (Post-Transaction)3
Class A Common Stock
IndirectShares owned6.18K
Class B Common Stock
IndirectShares owned6.61M
Class B Common Stock
DirectShares owned767.29K
Total
767.29K direct·6.62M indirect7.39M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 6.18K | Indirect |
| Class B Common Stock | 6.61M | Indirect |
| Class B Common Stock | 767.29K | Direct |
| Total | 7.39M | 767.29K direct·6.62M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported