Rush Enterprises (RUSHA) counsel exercises options and sells 4,500 shares
Rhea-AI Filing Summary
Rush Enterprises executive Michael L. Goldstone, SVP, general counsel and corporate secretary, reported an exercise-and-sell sequence involving 4,500 Class A shares. On July 30, 2026 he exercised options for 2,400 shares at an exercise price of $15.06 and sold 2,400 shares at a weighted average price of $81.0467, with individual trades between $80.87 and $81.13. On August 3, 2026 he exercised options for another 2,100 shares at $15.06 and sold 2,100 shares at a weighted average price of $81.3003, with trades between $81.00 and $81.55. The options relate to Rush Enterprises Class A Common Stock and carry an expiration date of March 15, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 4,500 shares ($297K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Goldstone Michael L
Role
SVP, GC and Corp. Sec.
Sold
4,500 shs ($365K)
Approx. gross sale proceeds
$365K
Approx. exercise cost
$68K
Approx. pre-tax spread
$297K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (right to buy) F3 | 2,100 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,100 | $15.06 | $32K |
| Sale | Class A Common Stock F2 | 2,100 | $81.3003 | $171K |
| Exercise | Option (right to buy) F3 | 2,400 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,400 | $15.06 | $36K |
| Sale | Class A Common Stock F1 | 2,400 | $81.0467 | $195K |
Holdings After Transaction:
Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 12,590.085 shares (Direct)
Footnotes (3)
- F1. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.87 to $81.13. 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.
- F2. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.00 to $81.55. 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.
- F3. 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
Shares sold 2026-07-30: 2400 shares
Shares sold 2026-08-03: 2100 shares
Options exercised 2026-07-30: 2400 shares
+5 more
8 metrics
Shares sold 2026-07-30
2400 shares
Class A Common Stock sold at weighted average $81.0467 on 2026-07-30
Shares sold 2026-08-03
2100 shares
Class A Common Stock sold at weighted average $81.3003 on 2026-08-03
Options exercised 2026-07-30
2400 shares
Options exercised into Class A Common Stock at $15.0600 per share
Options exercised 2026-08-03
2100 shares
Options exercised into Class A Common Stock at $15.0600 per share
Total shares sold
4500 shares
Aggregate Class A Common Stock sold across reported transactions
Option exercise price
$15.0600 per share
Conversion or exercise price for options expiring 2027-03-15
Sale price range 2026-07-30
$80.87–$81.13
Price range for trades included in $81.0467 weighted average
Sale price range 2026-08-03
$81.00–$81.55
Price range for trades included in $81.3003 weighted average
Key Terms
weighted average price, grant date, expiration date, exercised in increments of 1/3
4 terms
weighted average price financial
"This price is a weighted average price. These shares were sold..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
grant date financial
"The grant date is ten years prior to the expiration date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
expiration date financial
"The grant date is ten years prior to the expiration date."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
exercised in increments of 1/3 financial
"Options may be exercised in increments of 1/3 on each anniversary..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Michael L. Goldstone report for RUSHA?
Michael L. Goldstone reported exercising options for 4,500 Rush Enterprises Class A shares and selling the same 4,500 shares. The transactions occurred in two tranches on July 30 and August 3, 2026, following option exercises at an exercise price of $15.06 per share.
What was the option exercise price in the RUSHA Form 4 filing?
The reported stock options were exercised at an exercise price of $15.0600 per share. Each exercise converted options into Class A Common Stock, with 2,400 shares exercised on July 30, 2026 and 2,100 shares exercised on August 3, 2026 before the corresponding share sales.