---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-008184"
form_type: "8-K"
ticker: "RUSHA"
cik: "0001012019"
company_name: "RUSH ENTERPRISES INC \\TX\\"
filed_at: "2022-04-04T23:59:59+00:00"
generated_at: "2026-06-26T09:40:08.644881+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Derrek Weaver steps down as EVP, will serve as Special Counsel until 2027

## Summary
- Derrek Weaver resigned as Executive Vice President effective March 31, 2022.
- He will serve as Special Counsel under a 5-year employment agreement through May 31, 2027.
- Salary reduced from $517,300.80 to $360,000 per year effective June 1, 2022.
- Released all claims and agreed to non-compete, non-solicitation, and confidentiality covenants.
- Unvested stock options and restricted stock awards continue to vest after employment term ends.

## SEC filing metadata
- accession: 0001437749-22-008184
- form_type: 8-K
- ticker: RUSHA
- cik: 0001012019
- company_name: RUSH ENTERPRISES INC \TX\
- filed_at: 2022-04-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1012019/000143774922008184/0001437749-22-008184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1012019/000143774922008184/rusha20220401_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-008184
- JSON: https://secwatch.observer/filing/0001437749-22-008184.json
- Plain text: https://secwatch.observer/filing/0001437749-22-008184.txt

## Key facts
- Executive change
  Derrek Weaver changed role as Executive Vice President at RUSH ENTERPRISES INC \TX\.
  - Action: stepped down
  - Role: Executive Vice President
  source text: Effective March 31, 2022, Derrek Weaver stepped down as Executive Vice President of Rush Enterprises, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1012019/000143774922008184/0001437749-22-008184-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.