[144] Rush Enterprises Inc SEC Filing
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for 4,980 shares worth $276,652.63; represents a very small portion of outstanding stock.
The Form 144 documents a proposed sale of 4,980 Class B shares acquired via RSU vesting on 03/15/2022 and to be executed through Merrill Lynch approximately on 08/12/2025. Given the reported 16,614,867 shares outstanding, the proposed sale is roughly 0.03% of outstanding stock, indicating limited potential market impact. Recent disclosed sales in May 2025 total 1,231 shares for combined gross proceeds of $69,182.82, showing ongoing disposition but not at a scale likely to move the stock materially.
TL;DR: Disclosure follows standard Rule 144 procedure; contains RSU vesting origin and recent sales, with routine certification language.
The filing specifies the securities were granted as part of the issuer's equity compensation plan and confirms the seller's representation about lack of undisclosed material adverse information. The inclusion of broker details and past three months' sales by Jason Wilder meets disclosure expectations. No governance red flags or unusual terms are disclosed in the document itself.