Rush Enterprises Inc SEC Filings

Form 144 filing for Rush Enterprises, Inc. (RUSHB): The filer notified the SEC of a proposed sale of 4,500 shares of Class A Common Stock on 08/22/2025 through Merrill Lynch (225 Liberty St, New York). The filing reports an aggregate market value of $257,625 and indicates 61,244,699 shares outstanding for the class. The securities were acquired and are being disposed of on 08/22/2025 via an exercise of employee stock options using a broker-assisted cashless exercise. The filer reports no other securities sold in the past three months and includes the standard representation regarding material nonpublic information.

Rush Enterprises, Inc. provided a Regulation FD disclosure stating it will use an Investor Presentation (Exhibit 99.1) in meetings with current and potential investors and analysts over the next couple of months. The Company intends to post the presentation in the Investor Relations section of its website at www.rushenterprises.com and may discontinue availability at any time. The filing clarifies that the furnished information, including Exhibit 99.1, is not intended to be "filed" under the Exchange Act unless the Company expressly states otherwise or incorporates it into a filing.

Jason Wilder, Chief Operating Officer of Rush Enterprises, reported a sale of Class B common stock on 08/12/2025. The Form 4 shows 4,980 Class B shares were sold at a weighted average price of $55.5527; the filer notes the shares were sold in multiple transactions at prices ranging from $55.5459 to $56.1650. After the reported transactions the reporting person beneficially owned 79,692 shares, which the form states includes unvested restricted stock. The Form 4 was submitted under power of attorney by Matthew D. Willcox on 08/13/2025.

Rush Enterprises (RUSHB) filed a Form 144 notifying the proposed sale of 4,980 Class B common shares through Merrill Lynch. The filing reports an aggregate market value of $276,652.63 for the proposed sale and lists 16,614,867 shares outstanding, with an approximate sale date of 08/12/2025 on NASDAQ. The shares to be sold were acquired on 03/15/2022 as the vesting of a restricted stock unit award granted by Rush Enterprises.

The filing also discloses recent sales by Jason Wilder of 483 shares on 05/16/2025 for $27,235.29 and 748 shares on 05/19/2025 for $41,947.53. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Wellington Management and affiliated entities report they beneficially own 4,477,824 shares of Rush Enterprises, Inc. Class A common stock, equal to 7.32% of the class. The filing lists four reporting entities by name and place of organization and gives Wellington Management Company LLP's Boston address as the business office. The cover pages show shared voting power of 3,398,963 and shared dispositive power of 4,477,824, with 0 shares listed as sole voting or sole dispositive power. The filing classifies most reporting persons as holding companies and Wellington Management Company LLP as an investment adviser. It states the securities are owned of record by clients of Wellington investment advisers and were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Signatures are dated 08/12/2025.

Rush Enterprises reported mixed second-quarter results for the period ended June 30, 2025. Total revenue was $1,930,707 thousand, down from $2,027,028 thousand a year earlier, driven by lower new Class 8 truck sales. Net income attributable to Rush was $72,438 thousand for the quarter ($72,989 thousand consolidated), versus $78,661 thousand a year earlier. Basic earnings per share were $0.93 and diluted EPS was $0.90 for the quarter.

The balance sheet shows $4,715,774 thousand in total assets, including cash of $211,106 thousand and inventories of $1,842,311 thousand. For the six months, operating cash flow was strong at $381,162 thousand, while investing used $232,220 thousand and financing used $166,254 thousand. The company repurchased $121.4 million of shares year-to-date and increased its repurchase authorization to $200 million; the Board also declared a quarterly dividend (increase of 5.6%). The company completed the acquisition of Leeds Transit, Inc. for approximately $25.6 million and is assessing the effects of recently enacted tax legislation on deferred tax balances.