Ruger (NYSE: RGR) VP reports vesting of 4,087 cash-settled RSUs

Rhea-AI Filing Summary

Sturm, Ruger & Co. vice president of sales Shawn Christopher Leska reported the vesting of 4,087 cash-settled restricted stock units on March 1, 2026. The units were granted on June 8, 2023, and each represents the right to receive the fair market value of one share of common stock on the vesting date.

The vesting is reported as a deemed acquisition and disposition of the 4,087 underlying common shares, including a derivative exercise/conversion and a disposition to the issuer at $37.44 per share. Following these transactions, Leska directly held 6,518 shares of common stock.

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^*

Leska Shawn Christopher

(Last) (First) (Middle)

C/O STURM, RUGER & COMPANY, INC.

1 LACEY PLACE

(Street)

SOUTPORT CT

(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)
	Vice President, Sales

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		4,087	A	$37.44(1)	10,605	D
Common Stock	03/01/2026		D		4,087	D	$37.44(1)	6,518	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			4,087	03/01/2026	03/01/2026	Common Stock	4,087	$0	11,314	D

Explanation of Responses:

1. On June 8, 2023, the reporting person was granted 4,087 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.
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FAQ

What insider activity did Sturm Ruger (RGR) report for Shawn Christopher Leska?

Sturm Ruger reported that vice president of sales Shawn Christopher Leska had 4,087 cash-settled restricted stock units vest on March 1, 2026. The vesting is treated as a deemed acquisition and disposition of the same number of underlying common shares.

How many restricted stock units vested for RGR executive Shawn Leska?

A total of 4,087 cash-settled restricted stock units vested for Shawn Leska. Each unit represents the right to receive the fair market value of one Sturm Ruger common share on the vesting date, as part of his equity compensation.

Was there a sale of Sturm Ruger (RGR) shares in this Form 4?

The Form 4 shows a disposition of 4,087 common shares to the issuer at $37.44 per share, tied to the vesting of cash-settled restricted stock units. This is reported as an issuer disposition rather than an open-market sale.

What does the $37.44 price in the RGR Form 4 represent?

The $37.44 figure is the per-share amount associated with 4,087 common shares linked to the vested restricted stock units. It reflects the value used in the deemed acquisition and disposition entries connected to the cash-settled equity award.

How many Sturm Ruger shares does Shawn Leska hold after these transactions?

After the reported March 1, 2026 transactions, Shawn Leska directly held 6,518 shares of Sturm Ruger common stock. This figure reflects his direct ownership following the deemed acquisition and disposition related to the vested restricted stock units.

Are Leska’s restricted stock units in RGR settled in shares or cash?

Leska’s restricted stock units are cash-settled, not share-settled. Each unit gives him the contingent right to receive the fair market value of one share of Sturm Ruger common stock in cash when the unit vests, rather than delivering actual shares.