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Rush Enterprises, Inc. filings document regulatory disclosures for a commercial vehicle dealership operator with Class A and Class B common stock listed on the Nasdaq Global Select Market. Recent Form 8-K reports cover quarterly results, dividend declarations, Regulation FD investor materials, executive officer changes and compensation actions.
Proxy filings describe governance matters, director and executive compensation, equity awards and shareholder voting materials. The filing record also reflects the company’s capital-return disclosures, dual-class common stock structure and reporting around Rush Truck Centers operations in commercial vehicle sales, aftermarket parts, service, leasing and related customer solutions.
Rush Enterprises, Inc. approved 2025 performance-based cash bonuses and new equity awards for key executives. The Board’s Compensation and Human Capital Committee set a cash bonus of $3,508,150 for President, CEO and Chairman W. M. “Rusty” Rush, with bonuses of $634,000 for CFO Steven L. Keller, $628,000 for COO Jason Wilder, and $574,293 for Senior Vice President Jody Pollard. These bonuses will be paid on March 13, 2026.
The Committee also approved stock options for Class A common stock and restricted stock awards under the company’s long-term incentive plan, all to be granted on March 13, 2026. Rusty Rush will receive options on 35,000 shares and 50,000 restricted shares, with other executives receiving between 10,000–25,000 options or restricted shares. Options vest in three equal annual installments beginning on the third anniversary of the grant date, while restricted stock vests in three equal installments beginning on the first anniversary. Senior Advisor and director Michael J. McRoberts will receive restricted stock awards valued at $250,000 in Class B common stock, based on the grant date closing price.
Rush Enterprises, Inc. approved 2025 performance-based cash bonuses and new equity awards for key executives. The Board’s Compensation and Human Capital Committee set a cash bonus of $3,508,150 for President, CEO and Chairman W. M. “Rusty” Rush, with bonuses of $634,000 for CFO Steven L. Keller, $628,000 for COO Jason Wilder, and $574,293 for Senior Vice President Jody Pollard. These bonuses will be paid on March 13, 2026.
The Committee also approved stock options for Class A common stock and restricted stock awards under the company’s long-term incentive plan, all to be granted on March 13, 2026. Rusty Rush will receive options on 35,000 shares and 50,000 restricted shares, with other executives receiving between 10,000–25,000 options or restricted shares. Options vest in three equal annual installments beginning on the third anniversary of the grant date, while restricted stock vests in three equal installments beginning on the first anniversary. Senior Advisor and director Michael J. McRoberts will receive restricted stock awards valued at $250,000 in Class B common stock, based on the grant date closing price.
Rush Enterprises describes its 2025 performance and strategy as a large U.S. and Canadian commercial truck dealer focused on new and used vehicles, aftermarket services, and leasing.
Total 2025 revenue was driven mainly by new commercial vehicle sales of $4,139.8 million (55.7%) and aftermarket products and services of $2,523.0 million (33.9%), which generated 63.7% of gross profit. Used truck, leasing and rental, and finance and insurance contributed smaller portions.
The company operated 469 franchises across 120 owned and 80 leased locations, with 7,355 U.S. and 582 Canadian employees. Backlog of commercial vehicle orders was $1,109.6 million as of December 31, 2025, down from $1,512.7 million a year earlier.
Rush Enterprises describes its 2025 performance and strategy as a large U.S. and Canadian commercial truck dealer focused on new and used vehicles, aftermarket services, and leasing.
Total 2025 revenue was driven mainly by new commercial vehicle sales of $4,139.8 million (55.7%) and aftermarket products and services of $2,523.0 million (33.9%), which generated 63.7% of gross profit. Used truck, leasing and rental, and finance and insurance contributed smaller portions.
The company operated 469 franchises across 120 owned and 80 leased locations, with 7,355 U.S. and 582 Canadian employees. Backlog of commercial vehicle orders was $1,109.6 million as of December 31, 2025, down from $1,512.7 million a year earlier.
Rush Enterprises senior vice president and general counsel Michael L. Goldstone exercised stock options and sold shares on February 19, 2026. He exercised options for 4,500 shares of Class A common stock at an exercise price of $15.0600 per share, then sold 4,500 shares in an open-market transaction at a weighted average price of $71.8629 per share, with individual sale prices ranging from $71.75 to $72.010. After these transactions, he directly owned 12,590.085 shares, which include small amounts previously acquired through the employee stock purchase plan.
Rush Enterprises senior vice president and general counsel Michael L. Goldstone exercised stock options and sold shares on February 19, 2026. He exercised options for 4,500 shares of Class A common stock at an exercise price of $15.0600 per share, then sold 4,500 shares in an open-market transaction at a weighted average price of $71.8629 per share, with individual sale prices ranging from $71.75 to $72.010. After these transactions, he directly owned 12,590.085 shares, which include small amounts previously acquired through the employee stock purchase plan.
Rush Enterprises director Michael McRoberts reported option and stock transactions in Class A common shares. On February 19, 2026, he exercised options for 8,000 shares at $15.06 per share and then sold 8,000 shares at a weighted average price of $70.8087 in multiple trades. Following these transactions, he directly owned 16,229.339 Class A shares, including shares previously acquired under the employee stock purchase plan.
Rush Enterprises director Michael McRoberts reported option and stock transactions in Class A common shares. On February 19, 2026, he exercised options for 8,000 shares at $15.06 per share and then sold 8,000 shares at a weighted average price of $70.8087 in multiple trades. Following these transactions, he directly owned 16,229.339 Class A shares, including shares previously acquired under the employee stock purchase plan.
Rush Enterprises Senior Vice President Jody Pollard exercised options for 11,250 shares of Class A common stock at a price of $15.0600 per share through a derivative conversion. On the same date, Pollard sold 11,250 Class A shares at a weighted average price of $71.9188 per share in open-market transactions at prices ranging from $71.47 to $72.3250. After these transactions, Pollard directly owned 3,384.9103 Class A shares, which include 137.0488 shares acquired on July 1, 2025 and 130.8615 shares acquired on January 1, 2026 under the company’s Employee Stock Purchase Plan.
Rush Enterprises Senior Vice President Jody Pollard exercised options for 11,250 shares of Class A common stock at a price of $15.0600 per share through a derivative conversion. On the same date, Pollard sold 11,250 Class A shares at a weighted average price of $71.9188 per share in open-market transactions at prices ranging from $71.47 to $72.3250. After these transactions, Pollard directly owned 3,384.9103 Class A shares, which include 137.0488 shares acquired on July 1, 2025 and 130.8615 shares acquired on January 1, 2026 under the company’s Employee Stock Purchase Plan.
Rush Enterprises Inc. reported a sale of 11,250 Class A Common Stock shares on 02/19/2026 related to the exercise of employee stock options. The transaction was executed as a broker-assisted cashless sell through Merrill Lynch, generating $809,086.58 as shown.
Rush Enterprises Inc. reported a sale of 11,250 Class A Common Stock shares on 02/19/2026 related to the exercise of employee stock options. The transaction was executed as a broker-assisted cashless sell through Merrill Lynch, generating $809,086.58 as shown.
Rush Enterprises Inc. reports a broker-assisted exercise and sale of 8,000 shares of Class A Common Stock on 02/19/2026.
The transaction is described as an exercise of employee stock options and was reported on Form 144 for shares traded on NASDAQ.
Rush Enterprises Inc. reports a broker-assisted exercise and sale of 8,000 shares of Class A Common Stock on 02/19/2026.
The transaction is described as an exercise of employee stock options and was reported on Form 144 for shares traded on NASDAQ.
Rush Enterprises, Inc. filed a Form 144 notice to sell 4,500 shares of Class A Common Stock on 02/19/2026 following an exercise of employee stock options. The shares were to be disposed via a broker-assisted cashless exercise on Nasdaq.
Rush Enterprises, Inc. filed a Form 144 notice to sell 4,500 shares of Class A Common Stock on 02/19/2026 following an exercise of employee stock options. The shares were to be disposed via a broker-assisted cashless exercise on Nasdaq.
Rush Enterprises, Inc. reported softer results for 2025 but strong cash generation and continued capital returns. Full-year revenue was $7.4 billion and net income was $263.8 million, or $3.27 per diluted share, down from $7.8 billion and $3.72 per diluted share in 2024. Fourth quarter 2025 revenue was $1.8 billion with net income of $64.3 million, or $0.81 per diluted share.
Aftermarket parts and service remained a profit engine, generating $2.5 billion of revenue and about 63.7% of total gross profit in 2025. Leasing and rental revenue grew to $369.6 million, up 4.1% from 2024, and free cash flow reached $448.2 million, with adjusted free cash flow of $733.4 million.
The company emphasized disciplined expenses and a diversified model amid weak Class 8 and medium-duty truck demand. Management highlighted late-2025 and early-2026 improvement in quoting and orders as fleets face aging equipment and clearer tariff and emissions rules. The board declared a quarterly cash dividend of $0.19 per share of Class A and Class B common stock, payable March 18, 2026 to shareholders of record on March 3, 2026, and the company repurchased $193.5 million of stock in 2025 while operating with adjusted net cash.
Rush Enterprises, Inc. reported softer results for 2025 but strong cash generation and continued capital returns. Full-year revenue was $7.4 billion and net income was $263.8 million, or $3.27 per diluted share, down from $7.8 billion and $3.72 per diluted share in 2024. Fourth quarter 2025 revenue was $1.8 billion with net income of $64.3 million, or $0.81 per diluted share.
Aftermarket parts and service remained a profit engine, generating $2.5 billion of revenue and about 63.7% of total gross profit in 2025. Leasing and rental revenue grew to $369.6 million, up 4.1% from 2024, and free cash flow reached $448.2 million, with adjusted free cash flow of $733.4 million.
The company emphasized disciplined expenses and a diversified model amid weak Class 8 and medium-duty truck demand. Management highlighted late-2025 and early-2026 improvement in quoting and orders as fleets face aging equipment and clearer tariff and emissions rules. The board declared a quarterly cash dividend of $0.19 per share of Class A and Class B common stock, payable March 18, 2026 to shareholders of record on March 3, 2026, and the company repurchased $193.5 million of stock in 2025 while operating with adjusted net cash.
Wellington Management Group LLP and related entities filed an amended Schedule 13G reporting a passive ownership stake in Rush Enterprises, Inc. Class A common stock. They report beneficial ownership of 3,519,358 shares, representing 5.8% of the outstanding class as of the event date.
The Wellington entities report shared voting power over 2,558,622 shares and shared dispositive power over 3,519,358 shares across their investment adviser affiliates. The filing states the shares are held in the ordinary course of business and not for the purpose of influencing control of Rush Enterprises.
Wellington Management Group LLP and related entities filed an amended Schedule 13G reporting a passive ownership stake in Rush Enterprises, Inc. Class A common stock. They report beneficial ownership of 3,519,358 shares, representing 5.8% of the outstanding class as of the event date.
The Wellington entities report shared voting power over 2,558,622 shares and shared dispositive power over 3,519,358 shares across their investment adviser affiliates. The filing states the shares are held in the ordinary course of business and not for the purpose of influencing control of Rush Enterprises.