Ruger (NYSE: RGR) legal chief notes 3,962 cash-settled RSUs vested

Rhea-AI Filing Summary

STURM RUGER & CO INC executive Sarah F. Colbert, Vice President, General Counsel and Corporate Secretary, reported the vesting of 3,962 cash-settled restricted stock units on March 1, 2026. The Form 4 shows this vesting as both a deemed acquisition and a deemed disposition of 3,962 shares of common stock at $37.44 per share, consistent with the footnote explanation for cash-settled units. After these entries, she directly holds 564 shares of common stock and 11,314 restricted stock units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Colbert Sarah F

(Last) (First) (Middle)

C/O STURM, RUGER & COMPANY, INC.

ONE LACEY PLACE

(Street)

SOUTHPORT CT 06890

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STURM RUGER & CO INC [ RGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Gen Counsel, & Corp Secy

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/01/2026		M		3,962	A	$37.44(1)	4,526	D
Common Stock	03/01/2026		D		3,962	D	$37.44(1)	564	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/01/2026		M			3,962	03/01/2026	03/01/2026	Common Stock	3,962	$0	11,314	D

Explanation of Responses:

1. On June 8, 2023, the reporting person was granted 3,962 cash-settled restricted stock units pursuant to Rule 16b-3, which vested on March 1, 2026. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of the issuer's common stock on the date of vesting. Vesting of cash-settled restricted stock units is reported in Table I as a deemed acquisition and disposition of the number of shares of common stock underlying such vested restricted stock units.

	/s/ David J. Muhlenberg, attorney-in-fact	03/04/2026
	** Signature of Reporting Person	Date
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FAQ

What did RGR executive Sarah Colbert report in this Form 4 filing?

Sarah F. Colbert reported the vesting of 3,962 cash-settled restricted stock units on March 1, 2026. The vesting is shown as a deemed acquisition and disposition of the same number of common shares at $37.44 per share, reflecting cash-settled award accounting.

How many restricted stock units does Sarah Colbert hold after this RGR transaction?

After the reported vesting, Sarah F. Colbert holds 11,314 restricted stock units. These units are cash-settled, meaning each represents the right to receive the fair market value of one Ruger common share in cash when it vests, rather than actual share delivery.

How many Sturm Ruger (RGR) common shares does Sarah Colbert own following the Form 4?

Following the deemed acquisition and disposition entries, Sarah F. Colbert directly owns 564 shares of Ruger common stock. The filing shows an intermediate deemed acquisition of 3,962 shares and a matching disposition to the issuer, leaving this final direct share balance.

What is a cash-settled restricted stock unit in the context of RGR’s filing?

A cash-settled restricted stock unit gives the holder a contingent right to receive cash equal to the fair market value of one share at vesting. In this Ruger filing, each unit corresponds to the value of one common share on the vesting date.

When were Sarah Colbert’s RGR restricted stock units granted and when did they vest?

The 3,962 cash-settled restricted stock units were granted on June 8, 2023 under Rule 16b-3. According to the footnote, they vested on March 1, 2026, triggering the deemed acquisition and disposition entries reported in the Form 4.

Does the RGR Form 4 show open-market buying or selling by Sarah Colbert?

The Form 4 does not show open-market trades; it reports vesting of cash-settled restricted stock units as a deemed acquisition and disposition to the issuer. The transactions are labeled as derivative exercise/conversion and disposition to issuer, rather than open-market purchases or sales.