STOCK TITAN

Ruger (NYSE: RGR) CFO reports 8,485 cash-settled RSUs vesting

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

STURM RUGER & CO INC Treasurer and CFO Thomas Anthony Dineen reported the vesting of 8,485 cash-settled restricted stock units (RSUs). These RSUs were granted on June 8, 2023 and vested on March 1, 2026, with each unit tied to the fair market value of one common share at vesting.

The vesting is recorded as both a deemed acquisition and disposition of 8,485 common shares, including an issuer disposition and a corresponding acquisition in indirect holdings reported as held with his spouse.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
DINEEN THOMAS ANTHONY

(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)
Treasurer and CFO
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 D 8,485 D $37.44(1) 27,480 I with spouse
Common Stock 03/01/2026 M 8,485 A $37.44(1) 35,965 I with spouse
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 8,485 03/01/2026 03/01/2026 Common Stock 8,485 $0 23,022 D
Explanation of Responses:
1. On June 8, 2023, the reporting person was granted 8,485 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
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did RGR Treasurer and CFO Thomas Dineen report on this Form 4?

He reported the vesting of 8,485 cash-settled restricted stock units. The vesting is shown as both a deemed acquisition and disposition of common shares, reflecting how the cash-settled RSUs are accounted for when they convert based on the share price at vesting.

How many restricted stock units vested for the RGR CFO and when?

A total of 8,485 cash-settled restricted stock units vested for the CFO on March 1, 2026. These units were originally granted on June 8, 2023 and each unit represents the fair market value of one share of Sturm Ruger common stock at the vesting date.

Are the vested RSUs in RGR stock or cash-settled for the CFO?

The RSUs are cash-settled and not traditional stock awards. Each unit represents the contingent right to receive the fair market value of one Sturm Ruger common share on the vesting date, and the Form 4 reflects this as deemed share acquisitions and dispositions.

Why does the RGR Form 4 show both acquisition and disposition of the same 8,485 shares?

The filing explains that vesting of cash-settled RSUs is reported as a deemed acquisition and disposition of the underlying shares. This accounting treatment records the RSU vesting economically as if shares were acquired and then disposed of, rather than an open-market stock trade.

How are indirect holdings with the spouse reported in this RGR Form 4?

Some common stock positions are reported as indirectly owned "with spouse." The Form 4 shows both an issuer disposition and a corresponding acquisition in these indirect holdings, consistent with how the vested cash-settled RSUs are treated for reporting the CFO’s beneficial ownership changes.
Sturm Ruger

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609.23M
13.62M
Aerospace & Defense
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States
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