RUSH ENTERPRISES INC \TX\ 10-Q

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds.   We did not make any unregistered sales of equity securities during the first quarter of 2023.   A summary of the Company’s stock repurchase activity for the first quarter of 2023 is as follows:   Period   Total Number of Shares Purchased (1)(2)(3)     Average Price Paid Per Share (1)     Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)     Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (3)   January 1 – January 31, 2023     133,505     $ 52.02 (4)     133,505     $ 137,251,054   February 1 – February 28, 2023     49,843       56.78 (5)       49,843       134,419,285   March 1 – March 31, 2023     287,670       53.85 (6)       287,670       118,920,133   Total     471,018               471,018               (1) The calculation of the average price paid per share does not give effect to any fees, commissions or other costs associated with the repurchase of such shares. (2) The shares represent Class A and Class B Common Stock repurchased by the Company. (3) On December 2, 2022, we announced the approval of a new stock repurchase program, effective December 2, 2022, authorizing management to repurchase, from time to time, up to an aggregate of $150.0 million of our shares of Class A common stock and/or Class B common stock. (4) Represents 116,721 shares of Class A Common Stock at an average price paid per share of $51.67 and 16,784 shares of Class B Common Stock at an average price paid per share of $54.48. (5) Represents 49,843 shares of Class A Common Stock at an average price paid per share of $56.78. (6) Represents 248,468 shares of Class A Common Stock at an average price paid per share of $53.24 and 39,202 shares of Class B Common Stock at an average price paid per share of $57.71.   ITEM 3. Defaults Upon Senior Securities.   Not Applicable   ITEM 4. Mine Safety Disclosures.   Not Applicable