SCHEDULE: FMR LLC Discloses 14.9% Stake in Rush Enterprises

Sentiment:

Beneficial Ownership Filing


FMR LLC, through its affiliates, has reported beneficial ownership of 14.9% of Rush Enterprises, Inc. Class A Common Stock as of March 31, 2026.

Summary

  • FMR LLC and its affiliates, including Abigail P. Johnson, have filed a Schedule 13G indicating beneficial ownership of 8,990,702.31 shares of Rush Enterprises, Inc. Class A Common Stock.
  • This represents 14.9% of the total outstanding Class A Common Stock as of March 31, 2026.
  • FMR LLC holds sole voting power for 8,504,638 shares and sole dispositive power for 8,990,702.31 shares.
  • Abigail P. Johnson, CEO of FMR LLC, is noted as a controlling figure through her ownership of Series B voting common shares of FMR LLC.
  • The filing is an amendment (Amendment No. 7) to a previous Schedule 13G.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine disclosure of significant institutional ownership and does not inherently signal positive or negative performance, but rather a substantial investment by a major player.

Positives

  • FMR LLC, a significant investment management firm, has a substantial beneficial ownership stake in Rush Enterprises, Inc., indicating confidence in the company's value.
  • The reporting is current as of March 31, 2026, providing up-to-date information on ownership.

Risks

  • The filing does not explicitly detail any risks associated with the investment or the company itself.

Future Outlook

No specific future outlook or guidance is provided in this Schedule 13G filing, as it pertains to current ownership disclosure.

Management Comments

  • "Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC."
  • "The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares."
  • "Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a major institutional investor, signifies a significant ownership position in Rush Enterprises, Inc. Such filings often indicate a level of institutional confidence and can influence market perception and trading activity for the company's stock.

Stakeholder Impact

  • Shareholders: The significant stake held by FMR LLC may provide a degree of stability or indicate institutional support for the company's stock.
  • Management: The presence of a large institutional investor like FMR LLC can influence corporate governance and strategic decisions.
  • Employees: Indirect impact through company stability and strategic direction influenced by major shareholders.

Next Steps

  • FMR LLC and its affiliates will continue to hold their beneficial ownership stake in Rush Enterprises, Inc.
  • Future amendments to this Schedule 13G will be filed if there are material changes in ownership.

Key Dates

DateDescription
01/12/1998Securities and Exchange Commission Release No. 34-39538 referenced for disaggregation of beneficial ownership.
04/13/2026Effective date for Power of Attorney for FMR LLC and Abigail P. Johnson.
04/29/2026Date of previous Schedule 13G filing by FMR LLC, referenced for Power of Attorney.
03/31/2026Date of event requiring filing of this statement (ownership as of this date).
05/05/2026Date of joint filing agreement and signature date for FMR LLC and Abigail P. Johnson.

Keywords

Rush Enterprises, FMR LLC, Schedule 13G, Class A Common Stock, Beneficial Ownership, Investment Management, SEC Filing, Abigail P. Johnson

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