Item 3. Legal Proceedings
ITEM
3—LEGAL PROCEEDINGS
The nature of the legal proceedings against the
Company is discussed at Note 20 to the financial statements, which are included in this Form 10-K.
The Company has reported all cases instituted
against it through September 27, 2025, and the results of those cases, where terminated, to the SEC on its previous Form 10-Q and 10-K
reports, to which reference is hereby made.
There was one lawsuit formally instituted against
the Company during the three months ending December 31, 2025. Thorne v. Sturm, Ruger & Company, Inc. was served on November
13, 2025 and is pending in the District Court of the Fifth Judicial District of the State of Idaho, In and For the County of Twin Falls .
During the three months ending December 31, 2025,
the previously reported case of Jones v. Sturm, Ruger & Company, Inc. was dismissed by the trial court following confirmation
of a settlement. In addition, the previously reported case of Willeford v. Sturm, Ruger & Company was also dismissed.
ITEM
4—MINE SAFETY DISCLOSURES – NOT APPLICABLE
21
PART
II
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