Rush Enterprises (NASDAQ: RUSHA) gains new dual listing on Nasdaq Texas
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Rush Enterprises, Inc. updated executive pay and announced a dual stock listing. Effective July 1, 2026, base salaries for key leaders will rise, including W.M. “Rusty” Rush, Chairman, President and CEO, whose annual base salary is set at $1,855,802, and CFO Steven L. Keller at $562,506.
The company’s Class A and Class B common stock will be dually listed on the new Nasdaq Texas exchange while keeping the primary listing on the Nasdaq Global Select Market under “RUSHA” and “RUSHB.” The dual listing involves no new share issuance and does not change governance or reporting obligations.
Positive
- None.
Negative
- None.
8-K Event Classification
4 items: 5.02, 7.01, 8.01, 9.01
4 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CEO base salary: $1,855,802 per year
CFO base salary: $562,506 per year
COO base salary: $530,450 per year
+4 more
7 metrics
CEO base salary
$1,855,802 per year
Annual base salary for W.M. “Rusty” Rush effective July 1, 2026
CFO base salary
$562,506 per year
Annual base salary for CFO Steven L. Keller effective July 1, 2026
COO base salary
$530,450 per year
Annual base salary for COO Jody Pollard effective July 1, 2026
SVP Peterbilt base salary
$527,193 per year
Annual base salary for SVP – Peterbilt Dealerships Corey Lowe effective July 1, 2026
Texas locations
55 locations
Company locations in Texas mentioned in the press release
Texas employees
2,400 employees
Approximate number of employees in Texas cited by the company
Dealership network size
more than 160 locations
Commercial vehicle dealership locations in 24 states and Ontario, Canada
Key Terms
dual listing, Nasdaq Global Select Market, forward-looking statements, Nasdaq Texas, +1 more
5 terms
dual listing financial
"today announced the dual listing of its common stock on the Nasdaq Texas"
A dual listing is when a company makes the same shares available on two different stock exchanges, often in different countries, so investors can buy and sell the same ownership stake in more than one market—like a shop opening branches in two cities that sell the same product. It matters to investors because it can widen the pool of buyers, make shares easier to trade, expose the stock to different currencies and rules, and create price differences or arbitrage opportunities that affect returns and risk.
Nasdaq Global Select Market financial
"The Company will maintain its primary listing on the Nasdaq Global Select Market"
A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.
forward-looking statements regulatory
"Certain statements contained in this release... are “forward-looking” statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Nasdaq Texas financial
"Nasdaq Texas is a newly established dual listing exchange created to broaden capital access"
Private Securities Litigation Reform Act of 1995 regulatory
"as such term is defined in the Private Securities Litigation Reform Act of 1995"
FAQ
What executive salary changes did Rush Enterprises (RUSHA) approve?
Rush Enterprises approved higher base salaries for its named executives, effective July 1, 2026. CEO W.M. “Rusty” Rush’s annual base salary is set at $1,855,802, while CFO Steven L. Keller’s base salary is $562,506, reflecting revised compensation levels.
How much will Rush Enterprises’ COO and SVP of Peterbilt dealerships earn?
Chief Operating Officer Jody Pollard will receive an annual base salary of $530,450. Senior Vice President – Peterbilt Dealerships Corey Lowe will earn $527,193 in annual base salary, effective July 1, 2026, under the compensation adjustments approved by the Board of Directors.
What is Rush Enterprises’ new dual listing on Nasdaq Texas?
Rush Enterprises’ Class A and Class B common stock have been approved for dual listing on the Nasdaq Texas exchange. Trading on Nasdaq Texas is expected to begin July 1, 2026, with the company retaining its primary listing on the Nasdaq Global Select Market under “RUSHA” and “RUSHB.”
Does the dual listing affect how investors trade Rush Enterprises stock?
Rush Enterprises notes the dual listing will not affect investors’ ability to buy or sell shares on the Nasdaq Global Select Market. The Nasdaq Texas listing simply adds another venue where the same Class A and Class B shares, under “RUSHA” and “RUSHB,” can trade.
How significant is Texas to Rush Enterprises’ operations?
Rush Enterprises highlights its strong Texas presence, with 55 locations and approximately 2,400 employees in the state. The company emphasizes its long-standing Texas roots and views the Nasdaq Texas dual listing as aligned with its growth and customer base across the Lone Star State.