RUSH ENTERPRISES INC \TX\ 10-Q

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds. The Company did not make any unregistered sales of equity securities during the first quarter of 2025. A summary of the Company’s stock repurchase activity for the first quarter of 2025 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, 2025 125,902 $ 55.21 (4) 125,902 $ 136,573,636 February 1 – February 28, 2025 83,696 56.25 (5) 83,696 131,863,396 March 1 – March 31, 2025 354,308 54.32 (6) 354,308 112,605,717 Total 564,106 564,106 (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 Common Stock and/or Class B Common Stock repurchased by the Company. (3) On December 2, 2024, we announced the approval of a new stock repurchase program, effective December 3, 2024, 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 54,587 shares of Class A Common Stock at an average price paid per share of $54.98 and 71,315 shares of Class B Common Stock at an average price paid per share of $55.45. (5) Represents 23,009 shares of Class A Common Stock at an average price paid per share of $57.27 and 60,687 shares of Class B Common Stock at an average price paid per share of $55.86. (6) Represents 253,854 shares of Class A Common Stock at an average price paid per share of $53.83 and 100,654 shares of Class B Common Stock at an average price paid per share of $55.56. ITEM 3. Defaults Upon Senior Securities. Not Applicable ITEM 4. Mine Safety Disclosures. Not Applicable