---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033734"
form_type: "8-K"
ticker: "RUSHA"
cik: "0001012019"
company_name: "RUSH ENTERPRISES INC \\TX\\"
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T16:44:31.818627+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rush Enterprises adopts $150M repurchase program, repurchases $65.3M of Class B stock from CEO

## Summary
- Board authorized new $150M stock repurchase program, replacing prior program; $84.7M remains after transaction.
- Repurchased 1.5M shares of Class B Common from Chairman/CEO Rusty Rush at $43.56/share for $65.3M cash.
- Mr. Rush sold 16.7% of his Class B holdings; post-transaction he owns 180,339 Class A and 7,493,809 Class B shares.
- Sale partly used to repay ~$37M personal loan secured by Company shares; terms set by independent committee with advisors.

## SEC filing metadata
- accession: 0001437749-23-033734
- form_type: 8-K
- ticker: RUSHA
- cik: 0001012019
- company_name: RUSH ENTERPRISES INC \TX\
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1012019/000143774923033734/0001437749-23-033734-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1012019/000143774923033734/rusha20231205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033734
- JSON: https://secwatch.observer/filing/0001437749-23-033734.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033734.txt

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