Rush Enterprises SVP discloses initial holdings
Rush Enterprises senior vice president Corey Lowe filed an initial Form 3 showing existing ownership in the company’s stock and stock options.
Rhea-AI Filing Summary
Rush Enterprises senior vice president Corey Lowe filed an initial Form 3 showing existing ownership in the company’s stock and stock options. Lowe directly holds 24,606.441 shares of Class A common stock and 159,966.160 shares of Class B common stock.
He also holds several option grants on Class A common stock with exercise prices ranging from $14.85 to $61.75 per share, expiring between 2030 and 2036. Footnotes explain that options generally become exercisable in one-third increments starting on the third anniversary of the grant date, which is ten years before each option’s expiration.
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Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Lowe Corey
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Option (right to buy) — 97,500 contracts (Direct);
Class A Common Stock — 24,606.441 shares (Direct);
Class B Common Stock — 159,966.16 shares (Direct)
Footnotes (2)
- F1. Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.
- F2. Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.
Key Figures
Class A common stock held: 24,606.441 shares
Class B common stock held: 159,966.160 shares
Option exercise price: $14.8500 per share
+4 more
7 metrics
Class A common stock held
24,606.441 shares
Directly owned as of Form 3 reporting date
Class B common stock held
159,966.160 shares
Directly owned as of Form 3 reporting date
Option exercise price
$14.8500 per share
Option on Class A common stock expiring 2030-03-13
Underlying shares for $14.85 option
22,500.0000 shares
Class A common stock underlying option expiring 2030-03-13
Option exercise price
$32.9800 per share
Option on Class A common stock expiring 2031-03-15
Option exercise price
$53.6000 per share
Option on Class A common stock expiring 2035-03-14
Option exercise price
$61.7500 per share
Option on Class A common stock expiring 2036-03-13
Key Terms
Option (right to buy), unvested restricted stock, deferred compensation plan, exercise price, +1 more
5 terms
Option (right to buy) financial
"security_title: "Option (right to buy)" on Class A common stock"
unvested restricted stock financial
"Includes unvested restricted stock and certain shares included in the plan"
deferred compensation plan financial
"certain shares included in the Company's deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
exercise price financial
"conversion_or_exercise_price values such as 14.8500 and 61.7500"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Class B Common Stock financial
"security_title: "Class B Common Stock" with 159,966.160 shares reported"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Corey Lowe’s Form 3 filing for RUSHA disclose?
The Form 3 discloses Corey Lowe’s existing ownership in Rush Enterprises, including common shares and stock options. It is an initial statement of holdings, not a report of recent purchases or sales, and outlines his direct equity and option-based interests in the company.
What Class B common stock holdings are reported for RUSHA’s Corey Lowe?
The filing shows Corey Lowe directly owns 159,966.160 shares of Rush Enterprises Class B common stock. These shares represent part of his existing equity stake and are disclosed as of the Form 3 reporting date, with no associated transaction code or recent trade activity.
How do Corey Lowe’s Rush Enterprises options vest according to the filing?
A footnote explains that options may be exercised in one-third increments on each anniversary of the grant date, beginning on the third anniversary. The grant date is ten years before each option’s expiration, establishing a long-term vesting and exercisability schedule for these awards.
Does Corey Lowe’s RUSHA Form 3 show any recent stock purchases or sales?
The Form 3 lists holdings with transaction type “holding” and unknown transaction codes, and the summarized counts show no buys or sells. It functions as an initial ownership snapshot rather than evidence of new open-market purchases or sales of Rush Enterprises shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
