Rush Enterprises (RUSHA) director sells 10,000 Class A shares around $65

Rhea-AI Filing Summary

Rush Enterprises director Raymond Joseph Chess sold shares in the company. He executed an open-market sale of 10,000 shares of Class A Common Stock at a weighted average price of $65.0508 per share, in multiple trades between $65.00 and $65.17. After the transaction, he directly holds 41,170.5 shares of Class A Common Stock.

Insights

Equity markets analyst

Director executes routine open‑market sale while retaining sizeable stake.

Director Raymond Joseph Chess sold 10,000 Rush Enterprises Class A shares in an open-market transaction at a weighted average price of $65.0508. The shares were sold in multiple trades between $65.00 and $65.17, indicating ordinary market execution.

Following the sale, Chess directly owns 41,170.5 Class A shares, so he maintains a substantial remaining position. There are no derivative positions reported in this filing, and no reference to a pre-arranged trading plan, suggesting a straightforward discretionary sale without additional structural complexity.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Chess Raymond Joseph

(Last) (First) (Middle)

555 IH 35 SOUTH, SUITE 500

(Street)

NEW BRAUNFELS TX 78130

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RUSH ENTERPRISES INC \TX\ [ RUSHA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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
Class A Common Stock	03/10/2026		S		10,000	D	$65.0508(1)	41,170.5	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

Explanation of Responses:

1. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.17. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

	/s/ Steven L. Keller, Attorney in Fact for Raymond Chess	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Rush Enterprises (RUSHA) report for Raymond Joseph Chess?

Rush Enterprises reported that director Raymond Joseph Chess completed an open-market sale of 10,000 shares of Class A Common Stock. The transaction was executed at a weighted average price of $65.0508 per share, based on multiple trades within a narrow intraday price range.

At what prices did Raymond Joseph Chess sell RUSHA Class A shares?

Raymond Joseph Chess sold 10,000 Class A shares at a weighted average price of $65.0508. The filing notes that the individual trades occurred in multiple transactions, with prices ranging from $65.00 to $65.17 per share during the trading session.

How many Rush Enterprises (RUSHA) shares does Raymond Joseph Chess hold after the sale?

After selling 10,000 Class A Common Stock shares, Raymond Joseph Chess directly holds 41,170.5 shares of Rush Enterprises. This post-transaction ownership figure reflects his remaining direct equity stake as reported in the Form 4 insider trading disclosure filed with regulators.

Was the RUSHA insider sale by Raymond Joseph Chess a market transaction?

Yes. The Form 4 describes the transaction as an open-market sale of Class A Common Stock. The weighted average sale price was $65.0508 per share, with individual trades executed between $65.00 and $65.17 across multiple transactions on the reported trade date.

Does the RUSHA Form 4 mention derivative securities for Raymond Joseph Chess?

No derivative securities are listed for Raymond Joseph Chess in this Form 4. The filing reports only a non-derivative transaction involving Class A Common Stock and indicates that there are no remaining derivative positions in the derivativeSummary section of the disclosure.