<SEC-DOCUMENT>0001174947-23-000838.txt : 20230606
<SEC-HEADER>0001174947-23-000838.hdr.sgml : 20230606
<ACCEPTANCE-DATETIME>20230606131334
ACCESSION NUMBER:		0001174947-23-000838
CONFORMED SUBMISSION TYPE:	S-8 POS
PUBLIC DOCUMENT COUNT:		7
FILED AS OF DATE:		20230606
DATE AS OF CHANGE:		20230606
EFFECTIVENESS DATE:		20230606

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STURM RUGER & CO INC
		CENTRAL INDEX KEY:			0000095029
		STANDARD INDUSTRIAL CLASSIFICATION:	ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480]
		IRS NUMBER:				060633559
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8 POS
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-217885
		FILM NUMBER:		23995447

	BUSINESS ADDRESS:	
		STREET 1:		1 LACEY PLACE
		CITY:			SOUTHPORT
		STATE:			CT
		ZIP:			06490
		BUSINESS PHONE:		2032597843

	MAIL ADDRESS:	
		STREET 2:		1 LACEY PLACE
		CITY:			SOUTHPORT
		STATE:			CT
		ZIP:			06490
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8 POS
<SEQUENCE>1
<FILENAME>s8pos-30301_rgr.htm
<DESCRIPTION>S-8 POS
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As Filed with the Securities and Exchange Commission
on June 6, 2023.</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: right"><B>REGISTRATION NO. 333-217885</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: right"><B>&nbsp;</B></P>



<P STYLE="font: 18pt/120% Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 18pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>_____________________________________</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>POST-EFFECTIVE AMENDMENT NO. 1 TO </B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM S-8 REGISTRATION STATEMENT No. 333-217885</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNDER THE SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>_____________________________________</B></P>

<P STYLE="font: 18pt/120% Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>STURM, RUGER &amp; COMPANY, INC.</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B>(Exact Name of Registrant as Specified
in Its Charter)</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 50%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0; text-align: center"><B>Delaware</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(State or Other Jurisdiction of</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">Incorporation or Organization)</P></TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 49%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0; text-align: center"><B>06-0633559</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">(I.R.S. Employer Identification No.)</P></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 7pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0; text-align: center"><B>One Lacey Place, Southport, Connecticut</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">(Address of Principal Executive Offices)</P></TD>
    <TD STYLE="width: 48%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0 0; text-align: center"><B>06890</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center"><FONT STYLE="font-size: 10pt">(Zip Code</FONT>)</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>The
Sturm, Ruger &amp; Company, Inc. 2017 Stock Incentive Plan</B></FONT></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 2pt 0 0; text-align: center">(Full Title of Plan)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>Thomas A. Dineen</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Sturm, Ruger &amp; Company, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>One Lacey Place</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Southport, Connecticut 06890</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 2pt 0 0; text-align: center">(Name and Address of Agent for Service)</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>(203) 259-7843</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 2pt 0 0; text-align: center">(Telephone number, including area code,
of agent for service)</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>_____________________________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of
&ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company&rdquo; and &ldquo;emerging growth
company&rdquo; in Rule 12b-2 of the Exchange Act.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 42%; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">Large&nbsp;accelerated&nbsp;filer</TD>
    <TD STYLE="vertical-align: bottom; width: 27%; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">&#9746;</TD>
    <TD STYLE="vertical-align: bottom; width: 28%; padding-top: 2pt; padding-bottom: 3pt; font-size: 10pt">Accelerated&nbsp;filer</TD>
    <TD STYLE="width: 3%; padding-top: 2pt; padding-bottom: 3pt; font-size: 10pt; text-align: center">&#9744;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">Non-accelerated filer</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">&#9744;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">Smaller&nbsp;reporting&nbsp;company</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 3pt; font-size: 10pt; text-align: center">&#9744;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2pt; padding-bottom: 2pt; font-size: 10pt">Emerging growth company</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 3pt; font-size: 10pt; text-align: center">&#9744;</TD></TR>
  </TABLE><P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 7(a)(2)(B) of the Securities Act. &#9744;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 1, 2023 (the &ldquo;<U>Effective
Date</U>&rdquo;), the stockholders of Sturm, Ruger &amp; Company, Inc. a Delaware corporation (the &ldquo;<U>Registrant</U>&rdquo;), approved
The Sturm, Ruger &amp; Company, Inc. 2023 Stock Incentive Plan (the &ldquo;<U>2023 Plan</U>&rdquo;). The total number of shares of the
Registrant&rsquo;s common stock, $1.00 par value per share (the &ldquo;<U>Common Stock</U>&rdquo;), that may be granted under the 2023
Plan includes, in addition to 1,000,000 new shares of Common Stock (included by the Registrant on a new Registration Statement on Form
S-8 filed on June 6, 2023), (i) any shares of Common Stock that remained available for grant under The Sturm, Ruger &amp; Company, Inc.
2017 Stock Incentive Plan (the &ldquo;<U>2017 Plan</U>&rdquo;) as of the Effective Date and (ii) the undelivered shares subject to outstanding
awards granted under the 2017 Plan that become available for future grants under the 2023 Plan as provided for in the 2023 Plan (the shares
described in (i) and (ii), the &ldquo;<U>2017 Plan Shares</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In accordance with Item 512(a)(1)(iii)
of Regulation S-K and Compliance and Disclosure Interpretation 126.43, this Post-Effective Amendment No. 1 (this &ldquo;<U>Post-Effective
Amendment</U>&rdquo;) to Registration Statement on Form S-8, File No. 333-217885, filed with the Securities and Exchange Commission on
May 11, 2017 (the &ldquo;<U>Registration Statement</U>&rdquo;), is hereby filed to cover the issuance of 2017 Plan Shares pursuant to
the 2023 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PART II</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 12pt 0 6pt"><B>Item 3. Incorporation of Documents by Reference.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">The following documents, which
have heretofore been filed by the Registrant with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;), are incorporated
by reference in this Registration Statement:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.</TD><TD><A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/0000095029/000117494723000239/rgr-20221231.htm">The Registrant&rsquo;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2022, filed with the Commission on February 22, 2023;</A></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.</TD><TD><A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/0000095029/000117494723000706/rgr-20230401.htm">The Registrant&rsquo;s Quarterly Report on Form 10-Q for the fiscal quarter ended April 1, 2023, filed with the Commission on May 3, 2023;</A></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.</TD><TD>The Registrant&rsquo;s Current Reports on Form 8-K filed on <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/0000095029/000117494723000241/form8k-29463_rgr.htm">February 22, 2023</A>, <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/0000095029/000117494723000254/form8k-29498_rgr.htm">February 24, 2023</A>, <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/0000095029/000117494723000708/form8k-30100_rgr.htm">May 3, 2023</A>, <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/0000095029/000117494723000719/form8k-30147_rgr.htm">May 5, 2023</A>, and <A HREF="https://www.sec.gov/ix?doc=/Archives/edgar/data/0000095029/000117494723000826/form8k-30311_rgr.htm">June 2, 2023</A>; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">4.</TD><TD>The description of the Registrant&rsquo;s common stock set forth in the Registrant&rsquo;s
registration statement on Form 8-A, filed with the Commission on May 25, 1990 and<A HREF="https://www.sec.gov/Archives/edgar/data/95029/000117494720000190/rgr10kex4-1.htm"> Exhibit 4.1 to the Registrant&rsquo;s Annual Report on Form 10-K, filed with the Commission on February 20, 2020</A>, including any amendments or reports filed for the purposes of updating this
description.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify; text-indent: 0.5in">In addition to the foregoing,
all documents subsequently filed by the Registrant with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities
Exchange Act of 1934, as amended (the &ldquo;<U>Exchange Act</U>&rdquo;) (other than information furnished pursuant to Item 2.02 or Item
7.01 of any Current Report on Form 8-K, unless expressly stated otherwise therein), prior to the filing of a post-effective amendment
which indicates that all securities offered under this Registration Statement have been sold or which deregisters all securities remaining
unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part of this Registration Statement
from the date of filing of such documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">Any statement contained in
a document incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this
Registration Statement to the extent that a statement contained herein or in any subsequently filed document that is also incorporated
by reference herein modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0"><B>Item&nbsp;4. Description of Securities.</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 0.5in">Not applicable.</P>

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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0 0"></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;145 of the General
Corporation Law of the State of Delaware (the &ldquo;<U>DGCL</U>&rdquo;) provides that a corporation may indemnify directors, officers,
employees and other individuals against expenses, judgments, fines and amounts paid in settlement in connection with specified actions,
proceedings or suits (other than &ldquo;derivative actions&rdquo; brought by or in the right of the corporation) if they acted in good
faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation and, with respect to criminal
actions or proceedings, had no reasonable cause to believe their conduct was unlawful. The DGCL also allows for the indemnification of
such persons in derivative actions under certain circumstances. The Registrant&rsquo;s certificate of incorporation and bylaws obligate
the Registrant to indemnify the Registrant&rsquo;s directors, officers, employees and other agents to the extent and under the circumstances
permitted by the DGCL and other applicable law. In addition, each indemnitee also has the right to be paid by the Registrant for the expenses
incurred (including attorney&rsquo;s fees) in connection with any action, proceeding or suit in advance of the final disposition of such
action, proceeding or suit upon delivery to the Registrant of an undertaking by or on behalf of such indemnitee to repay all amounts so
advanced if it shall ultimately be determined by final judicial decision from which there is no further right to appeal that such indemnitee
is not entitled to be indemnified by the Registrant or authorized by law. The Registrant maintains liability insurance for the benefit
of its officers and directors (subject to certain exclusions and limitations) against certain liabilities. The Registrant has also entered
into individual indemnification agreements with its directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">The above discussion of the
DGCL and of the Registrant&rsquo;s certificate of incorporation and bylaws is not intended to be exhaustive and is qualified in its entirety
by such statute, certificate of incorporation and bylaws.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0"><B>Item&nbsp;7. Exemption from Registration Claimed.</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0"><B>Item&nbsp;8. Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">For a full list of exhibits,
see the Exhibit Index in this Registration Statement, which is incorporated into this Item 8 by reference.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0"><B>Item 9. Undertakings.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Registrant hereby undertakes:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 94.3pt; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
include any prospectus required by Section&nbsp;10(a)(3)&nbsp;of the Securities Act;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 94.3pt; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities
offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the Commission pursuant to Rule&nbsp;424(b)&nbsp;if, in the aggregate, the changes
in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the &ldquo;Calculation of Registration
Fee&rdquo; table in the Registration Statement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 94.3pt; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>provided, however,</I>&nbsp;that paragraphs (a)(1)(i)&nbsp;and
(a)(1)(ii)&nbsp;do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Commission by the Registrant pursuant to Section&nbsp;13 or Section&nbsp;15(d)&nbsp;of the Exchange
Act that are incorporated by reference in the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to
be the initial bona fide offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned
Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&rsquo;s
annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&rsquo;s
annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be
deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification
for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant
to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a
claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director,
officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel
the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><A NAME="poa"></A>SIGNATURES</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to the requirements of the Securities
Act of 1933, as amended, the Company certifies that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Post-Effective Amendment No. 1 to Form S-8 Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Southport, State of Connecticut on June 6, 2023.</P>

<P STYLE="font: 10pt/93% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 231pt"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 0pt"><B>STURM, RUGER &amp; COMPANY, INC.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding: 0pt">/s/ Thomas A. Dineen</TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; vertical-align: top; width: 48%">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: top; width: 6%">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: top; width: 6%">Name:</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; width: 40%">
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">Thomas A. Dineen</P></TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: top">Title:</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom">
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">Principal Financial Officer, Principal Accounting</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">Officer, Senior Vice President, Treasurer and Chief</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">Financial Officer</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 231pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 231pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Pursuant to the requirements of the Securities
Act of 1933, as amended, this Post-Effective Amendment No. 1 to Form S-8 Registration Statement has been signed below by the following
persons in the capacities and on the dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 37%">
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>Signature</U></B></P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 37%; text-align: center; line-height: 12pt"><FONT STYLE="font-size: 10pt"><B><U>Title</U></B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; line-height: 12pt"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 24%; text-align: center; line-height: 12pt"><FONT STYLE="font-size: 10pt"><B><U>Date</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Christopher J. Killoy</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt"><FONT STYLE="font-size: 10pt">President, Chief Executive Officer and </FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Christopher J. Killoy</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Director</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(Principal Executive Officer)</P></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Thomas A. Dineen</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt"><FONT STYLE="font-size: 10pt">Senior Vice President,</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Thomas A Dineen</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">Treasurer and Chief Financial Officer</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(Principal Financial Officer and Principal<BR>
 Accounting
    Officer)</P></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ John A. Cosentino, Jr.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">John A. Cosentino, Jr.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Michael O. Fifer</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Michael O. Fifer</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Sandra S. Froman</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Sandra S. Froman</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Rebecca S. Halstead</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Rebecca S. Halstead</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Terrence G. O&rsquo;Connor</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Terrence G. O&rsquo;Connor</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Amir P. Rosenthal</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Amir P. Rosenthal</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt; width: 37%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="line-height: 12pt; width: 37%">&nbsp;</TD>
    <TD STYLE="line-height: 12pt; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top; width: 24%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Ronald C. Whitaker</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Ronald C. Whitaker</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; line-height: 12pt"><FONT STYLE="font-size: 10pt">/s/ Phillip C. Widman</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top"><FONT STYLE="font-size: 10pt">June 6, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 12pt"><FONT STYLE="font-size: 10pt">Phillip C. Widman</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="line-height: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 12pt; vertical-align: top">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0 0"><B>Exhibit</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt"><B>Number</B></P></TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><FONT STYLE="font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">4.1</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><A HREF="ex4-1.htm">Certificate of Incorporation of the Registrant, as amended.</A></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">4.2</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><A HREF="https://www.sec.gov/Archives/edgar/data/95029/000117494719001186/ex3-1.htm">Amended and Restated By-Laws of the Registrant, as amended (incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K previously filed by the Registrant on November 13, 2019).</A></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">5.1</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><A HREF="ex5-1.htm">Opinion of Patterson Belknap Webb &amp; Tyler LLP</A></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">23.1</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><A HREF="ex23-1.htm">Consent of RSM US LLP, Independent Registered Public Accounting Firm</A></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">23.2</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><A HREF="ex5-1.htm">Consent of Patterson Belknap Webb &amp; Tyler LLP (included in Exhibit 5.1)</A></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">24.1</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><A HREF="#poa">Power of Attorney (included on the signature page hereof</A>)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding: 0pt; text-indent: 0pt; vertical-align: top">99.1</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt"><A HREF="https://www.sec.gov/Archives/edgar/data/95029/000117494717000464/def14a-17408_rgr.htm">The Sturm, Ruger &amp; Company, Inc. 2017 Stock Incentive Plan (incorporated by reference to Annex A of the Registrant&rsquo;s Definitive Proxy Statement on Schedule 14A, filed with the Commission on March 27, 2017)</A></TD></TR>
</TABLE>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">CERTIFICATE OF
INCORPORATION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">OF</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">STURM, RUGER &amp;
COMPANY, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">* * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">FIRST. The name of the corporation is STURM, RUGER
COMPANY, INC.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">SECOND. The address of its registered office in
the State of Delaware is No. 100 West Tenth Street, in the City of Wilmington, County of New Castle. The name of its registered agent
at such address is The Corporation Trust Company.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">THIRD. The nature of the business or purposes to
be conducted or promoted is:</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To design, manufacture, repair, buy, lease as lessee
or otherwise acquire, sell, lease as lessor, distribute and otherwise trade in and with pistols, rifles and firearms of every type and
description.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To engage in any lawful act or activity for which
corporations may be organized under the General Corporation Law of Delaware.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To acquire, and pay for in cash, stock or bonds
of this corporation or otherwise, the good will, rights, assets and property, and to undertake or assume the whole or any part of the
obligations or liabilities of any person, firm, association or corporation.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To acquire, hold, use, sell, assign, lease, grant
licenses in respect of, mortgage or otherwise dispose of letters patent of the United States or any foreign country, patent rights, licenses
and privileges, inventions, improvements and processes, copyrights, trade-marks and trade names, relating to or useful in connection with
any business of this corporation.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To acquire by purchase, subscription or otherwise,
and to receive, hold, own, guarantee, sell, assign, exchange, transfer, mortgage, pledge or otherwise dispose of or deal in </P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0">and with any
of the shares of the capital stock, or any voting trust certificates in respect of the shares of capital stock, scrip, warrants, rights,
bonds, debentures, notes, trust receipts, and other securities, obligations, choses in action and evidences of indebtedness or interest
issued, or created by any corporations, joint stock companies, syndicates, associations, firms, trusts or persons, public or private,
or by the government of the United States of America, or by any foreign government, or by any state, territory, province, municipality
or other political sub-division or by any governmental agency, and as owner thereof to possess and exercise all the rights, powers and
privileges of ownership, including the right to execute consents and vote thereon, and to do any and all acts and things necessary or
advisable for the preservation, protection, improvement and enhancement in value thereof.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To borrow or raise moneys for any of the purposes
of the corporation and, from time to time without limit as to amount, to draw, make, accept, endorse, execute and issue promissory notes,
drafts, bills of exchange, warrants, bonds, debentures and other negotiable or non-negotiable instruments and evidences of indebtedness,
and to secure the payment of any thereof and of the interest thereon by mortgage upon or pledge, conveyance or assignment in trust of
the whole or any part of the property of the corporation, whether at the time owned or thereafter acquired, and to sell, pledge or otherwise
dispose of such bonds or other obligations of the corporation for its corporate purposes.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To purchase, receive, take by grant, gift, devise,
bequest or otherwise, lease, or otherwise acquire, own, hold, improve, employ, use and otherwise deal in and with real or personal property,
or any interest therein, wherever situated, and to sell, convey, lease, exchange, transfer or otherwise dispose of, or mortgage or pledge,
all or any of the corporation's property and assets, or any interest therein, wherever situated.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">In general, to possess and exercise all the powers
and privileges granted by the General Corporation Law of Delaware or by any other law of Delaware or by this certificate of incorporation
together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion
or attainment of the business or purposes of the corporation.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">The business and purposes specified in the foregoing
clauses shall, except where otherwise expressed, be in nowise limited or restricted by reference to, or inference from, the terms of any
other clauses in this certificate of incorporation, but the business and purposes specified in each of the foregoing clauses of this article
shall be regarded as independent business and purposes.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">FOURTH. The total number of shares of stock which
the corporation shall have authority to issue is three million five hundred thousand (3,500,000) shares of common stock of the par value
of One Dollar ($1.00) each, amounting in the aggregate to Three Million Five Hundred Thousand Dollars.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">FIFTH. The name and mailing address of each incorporator
is as follow:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; width: 44%; padding-bottom: 12pt; font-size: 10pt; text-align: left"><U>NAME</U></TD>
    <TD STYLE="width: 56%; padding-bottom: 12pt; font-size: 10pt"><U>MAILING ADDRESS</U></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt">B. J. Consono</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt">F. J. Obara, Jr.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">A. D. Grier</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">100 West Tenth Street<BR>
    Wilmington, Delaware</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">100 West Tenth Street<BR>
    Wilmington, Delaware</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">100 West Tenth Street<BR>
    Wilmington, Delaware</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">SIXTH. The corporation is to have perpetual existence.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">SEVENTH. In furtherance and not in limitation of
the powers conferred by statute, the board of directors is expressly authorized:</P>

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<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To make, alter or repeal the by-laws of the corporation.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To authorize and cause to be executed mortgages
and liens upon the real and personal property of the corporation.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">To set apart out of any of the funds of the corporation
available for dividends a reserve or reserves for any proper purpose and to abolish any such reserve in the manner in which it was created.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">By a majority of the whole board, to designate one
or more committees, each committee to consist of two or more of the directors of the corporation. The board may designate one or more
directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. Any
such committee, to the extent provided in the resolution or in the by-laws of the corporation, shall have and may exercise the powers
of the board of directors in the management of the business and affairs of the corporation, and may authorize the seal of the corporation
to be affixed to all papers which may require it; provided, however, the by-laws may provide that in the absence or disqualification of
any member of such committee or committees, the member or members thereof present at any meeting and not disqualified from voting, whether
or not he or they constitute a quorum, may unanimously appoint another member of the board of directors to act at the meeting in the place
of any such absent or disqualified member.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">When and as authorized by the affirmative vote of
the holders of a majority of the stock issued and outstanding having voting power given at a stockholders' meeting duly called upon such
notice as is required by statute, or when authorized by the written consent of the holders of a majority of the voting stock issued and
outstanding, to sell, lease or exchange all or substantially all of the property and assets of the corporation, including its good will
and its </P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0">corporate franchises, upon such terms and conditions and for such consideration, which may consist in whole or in part of money
or property including shares of stock in, and/or other securities of, any other corporation or corporations, as its board of directors
shall deem expedient and for the best interests of the corporation.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">EIGHTH. Whenever a compromise or arrangement is
proposed between this corporation and its creditors or any class of them and/or between this corporation and its stockholders or any class
of them, any court of equitable jurisdiction within the State of Delaware may, on the application in a summary way of this corporation
or of any creditor or stockholder thereof, or on the application of any receiver or receivers appointed for this corporation under the
provisions of section 291 of Title 8 of the Delaware Code or on the application of trustees in dissolution or of any receiver or receivers
appointed for this corporation under the provisions of section 279 of Title 8 of the Delaware Code order a meeting of the creditors or
class of creditors, and/or of the stockholders or class of stockholders of this corporation, as the case may be, to be summoned in such
manner as the said court directs. If a majority in number representing three-fourths in value of the creditors or class of creditors,
and/or of the stockholders or class of stockholders of this corporation, as the case may be, agree to any compromise or arrangement and
to any reorganization of this corporation as consequence of such compromise or arrangement, the said compromise or arrangement and the
said reorganization shall, if sanctioned by the court to which the said application has been made, be binding on all the creditors or
class of creditors, and/or on all the stockholders or class of stockholders, of this corporation, as the case may be, and also on this
corporation.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">NINTH. Meetings of stockholders may be held within
or without the State of Delaware, as the by-laws may provide. The books of the corporation may be kept (subject to any </P>

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<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0">provision contained
in the statutes) outside the State of Delaware at such place or places as may be designated from time to time by the board of directors
or in the by-laws of the corporation. Elections of directors need not be by written ballot unless the by-laws of the corporation shall
so provide.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">TENTH. The number of directors of the corporation
shall be not less than three (3) nor more than seven (7). The first board shall consist of four (4) directors.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">ELEVENTH. The corporation reserves the right to
amend, alter, change or repeal any provision contained in this certificate of incorporation, in the manner now or hereafter prescribed
by statute, and all rights conferred upon stockholders herein are granted subject to this reservation.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">CERTIFICATE OF
AMENDMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">OF</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">CERTIFICATE OF
INCORPORATION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">OF</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">STURM, RUGER &amp;
COMPANY, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Adopted in accordance with the provisions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">of Section 242 of the General Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Law of the State of Delaware</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">STURM, RUGER &amp; COMPANY, INC., a corporation
organized and existing under and by virtue of the General Corporation Law of the State of Delaware (the &quot;Corporation&quot;), DOES
HEREBY CERTIFY:</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">FIRST: That the Certificate of Incorporation has
been amended as follows:</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">By inserting a new Section Twelfth as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 12pt; text-indent: 0.5in">TWELFTH: A director of the corporation shall
not be personally liable to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, except
for liability (i) for any breach of the director's duty of loyalty to the corporation or its stockholders, (ii) for acts or omissions
not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 of the Delaware General
Corporation Law, or (iv) for any transaction from which the director derived any improper personal benefit. If the Delaware General Corporation
Law is amended after approval by the stockholders of this provision to authorize corporate action further eliminating or limiting the
personal liability of directors, then the liability of a director of the corporation shall be eliminated or limited to the fullest extent
permitted by the Delaware General Corporation Law, as so amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 12pt; text-indent: 0.5in">Any repeal or modification of the foregoing
paragraph by the stockholders of the corporation shall not adversely affect any right to protection of a director of the corporation existing
at the time of such repeal or modification.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 12pt"></P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">SECOND: That such amendment has been duly adopted
in accordance with the provisions of the General Corporation Law of the State of Delaware by the affirmative vote of the holders of a
majority of the stock entitled to vote at a meeting.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">IN WITNESS WHEREOF, the undersigned have executed
this certificate as of the 28th day of April, 1987.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 2in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 2in">/s/ William B. Ruger</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>William B. Ruger, </TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>President</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>ATTEST:</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Gloria M. Biagoni</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>Gloria M. Biagioni, </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>Secretary</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>CERTIFICATE OF AMENDMENT<BR>
<BR>
OF<BR>
<BR>
CERTIFICATE OF INCORPORATION<BR>
<BR>
OF<BR>
<BR>
STURM, RUGER &amp; COMPANY, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 14pt; text-align: center">&nbsp;</P>

<P STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 2in 12pt; text-align: center">Adopted
in accordance with the provisions<BR>
of Section 242 of the General Corporation<BR>
Law of the State of Delaware</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><B>STURM, RUGER &amp; COMPANY, INC.</B>,
a corporation organized and existing under and by virtue of the General Corporation Law of the State of Delaware (the &ldquo;Corporation&rdquo;),
<B>DOES HEREBY CERTIFY:</B></P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><B>FIRST:</B> That the Certificate of Incorporation
has been amended as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 12pt">By deleting Article TENTH and by renumbering Article ELEVENTH
and Article TWELFTH as Article TENTH and Article ELEVENTH, respectively.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><B>SECOND:</B> That such amendment has been duly
adopted in accordance with the provisions of the General Corporation Law of the State of Delaware by the affirmative vote of the holders
of a majority of the stock entitled to vote at a meeting.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><B>IN WITNESS WHEREOF</B>, the undersigned have
executed this certificate as of the 26th day of April, 1988.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 2in">/s/ William B. Ruger</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>William B. Ruger, </TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>President</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 2in">ATTEST:</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Gloria M. Biagoni</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Gloria M. Biagioni, </TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Secretary</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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    <!-- Field: /Page -->


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase">CERTIFICATE
OF AMENDMENT<BR>
OF<BR>
CERTIFICATE OF INCORPORATION<BR>
OF<BR>
STURM, RUGER &amp; COMPANY, INC.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">STURM, RUGER &amp; COMPANY, INC., a corporation
organized and existing under and by virtue of the General Corporation Law of the State of Delaware,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">DOES HEREBY CERTIFY:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">FIRST: That the Board of Directors of Sturm, Ruger
&amp; Company, Inc., by unanimous written consent of its members, filed with the minutes of the board, duly adopted resolutions setting
forth two proposed amendments to the Certificate of Incorporation of said corporation, declaring said amendments to be advisable and calling
a meeting of the stockholders of said corporation for consideration thereof. The resolutions setting forth the proposed amendments are
as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 0.5in">A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RESOLVED:
that Article FOURTH of the Certificate of Incorporation, be and it hereby is amended to read as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 12pt">&ldquo;FOURTH. (a) The Corporation shall have authority to issue
Ten Million (10,000,000) shares of Common Stock of the par value of One Dollar ($1.00) each, amounting in the aggregate to Ten Million
Dollars.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 0.5in">B.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>RESOLVED:
that Article FOURTH of the Certificate of Incorporation, be and it hereby is amended by adding subsection (b) to read as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 12pt">&ldquo;(b) The Corporation shall have the further authority to
issue Fifty Thousand (50,000) shares of Non-Voting Common Stock of the par value of One Dollar ($1.00) each, amounting in the aggregate
to Fifty Thousand Dollars. The Common Stock and the Non-Voting Common Stock shall be identical in all respects except that the holders
of Non-Voting Common Stock shall have no voting power for any purpose except when the vote of the class shall be required by law.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECOND: That thereafter, pursuant to resolution
of its Board of Directors, the annual<SUP>-</SUP>meeting of the stockholders of said corporation was duly called and held, upon notice
in accordance with Section 222 of the General Corporation Law of the State of Delaware at which meeting the holders of a majority of the
stock entitled to vote at the meeting voted in favor of the amendments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">THIRD: That said amendments were duly adopted
in accordance with the provisions of Section 242 of the General Corporation Law of the State of Delaware.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">IN WITNESS WHEREOF, said corporation has caused
this certificate to be signed by John M. Kingsley, Jr. its Executive Vice-President, and attested by Gloria M. Biagioni, its Secretary,
this 25th day of April, 1989.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt">STURM, RUGER &amp; COMPANY, INC.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; width: 0.25in">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0pt; width: 2in">/s/ John M. Kingsley, Jr.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt"></TD>
    <TD STYLE="padding: 0pt">John M. Kingsley, Jr.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt">Its Executive Vice-President</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">ATTEST:</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt; width: 0.25in">By:</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt; width: 2in"><U>/s/ Gloria M. Biagioni</U></TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">Gloria M. Biagioni,</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">Secretary</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">CERTIFICATE OF AMENDMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">OF</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">CERTIFICATE OF INCORPORATION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">of</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">STURM, RUGER &amp; COMPANY, INC.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">Pursuant to Section 242 of the General
Corporation Law<BR>
of the State of Delaware</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">STURM, RUGER &amp; COMPANY, INC., a corporation
organized and existing under the laws of the State of Delaware (the &quot;Corporation&quot;), pursuant to the provisions of the General
Corporation Law of the State of Delaware, DOES HEREBY CERTIFY as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">FIRST: The name of the Corporation is &quot;Sturm,
Ruger &amp; Company, Inc.&quot;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECOND: The Certificate of Incorporation of the
Corporation is hereby amended by deleting Paragraph (a) of Article FOURTH thereof and substituting therefor the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">&quot;FOURTH: &#9;(a) The Corporation shall
have authority to issue Twenty Million (20,000,000) shares of Common Stock of the par value of One Dollar ($1.00) each, amounting in the
aggregate to Twenty Million Dollars.&quot;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">THIRD: That the amendment to the Certificate of
Incorporation set forth in this Certificate of Amendment has been duly adopted in accordance with Section 242 of the General Corporation
Law of the State of Delaware by the adoption by the members of the Board of Directors of the Corporation of a resolution approving such
amendment at a meeting of the directors duly noticed and held at which a quorum was present and acting throughout followed by the approval
of such amendment by the stockholders duly noticed and held at which a quorum was present and acting throughout.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">FOURTH: That this Certificate of Amendment shall
not become effective until 5:00 p.m. on May 7, 1993.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">IN WITNESS WHEREOF, the Corporation has caused
its seal to be hereunto affixed and this Certificate of to be signed by its duly authorized officers on the Corporation as of May 1,
1993.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0in">STURM, RUGER &amp; COMPANY, INC.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0in; width: 0.25in">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0pt; text-indent: 0in; width: 2in">/s/ John M. Kingsley, Jr.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0in">John M. Kingsley, Jr.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0in">Executive Vice President</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 2in">ATTEST:</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Gloria Biagioni</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Gloria Biagioni</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Secretary</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 3pt 0 12pt; text-transform: uppercase; text-align: center">&nbsp;</P>



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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center">CERTIFICATE OF
AMENDMENT<BR>
<BR>
OF THE<BR>
<BR>
CERTIFICATE OF INCORPORATION<BR>
<BR>
OF<BR>
<BR>
STURM, RUGER &amp; COMPANY, INC.</P>

<P STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 2in 12pt; text-align: center">Adopted
in accordance with the provisions of Section 242 of the General Corporation Law of the State of Delaware</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">STURM, RUGER &amp; COMPANY, INC., a corporation
organized and existing under the laws of the State of Delaware, pursuant to the provisions of the General Corporation Law of the State
of Delaware, DOES HEREBY CERTIFY as follows:</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">FIRST: The name of the corporation is STURM, RUGER
&amp; COMPANY, INC. (the &quot;Corporation&quot;).</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">SECOND: The Certificate of Incorporation of the
Corporation is hereby amended by deleting Article FOURTH thereof in its entirety and substituting therefor a new Article FOURTH which
shall read in full as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 12pt">&quot;FOURTH: <U>Number and Classes of Shares</U>. The total number
of shares of capital stock which the Corporation shall have authority to issue is (i) 40,000,000 shares of Common Stock, par value $1.00
per share (the &quot;Common Stock&quot;), and (ii) 50,000 shares of Non-Voting Common Stock, par value $1.00 per share (the &quot;Non-Voting
Common Stock&quot;). The Common Stock and the Non-Voting Common Stock shall be identical in all respects except that the holders of Non-Voting
Common Stock shall have no voting power for any purpose except when the vote of the class shall be required by law.&quot;</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">THIRD: The amendment to the Certificate of Incorporation
of the Corporation set forth in this Certificate of Amendment has been duly adopted in accordance with the provisions of Section 242 of
the General Corporation Law of the State of Delaware by the </P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0">adoption by a majority of the members of the Board of Directors of the Corporation
of a resolution approving such amendment followed by approval of such amendment by the affirmative vote of (i) a majority of the outstanding
stock of the Corporation entitled to vote on the amendment and (ii) a majority of the outstanding stock of each class of the Corporation
entitled to vote on the amendment as a class at a special meeting of the stockholders duly called and held in accordance with the provisions
of Section 222 of the Delaware General Corporation Law.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-indent: 1in">IN WITNESS WHEREOF, the Corporation has caused
this Certificate of Amendment of the Certificate of Incorporation of the Corporation to be signed by John M. Kingsley, Jr., its Executive
Vice President, and attested by Leslie M. Gasper, its Secretary, on behalf of the Corporation this 23<SUP>rd</SUP> day of July, 1996.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">STURM, RUGER &amp; COMPANY, INC.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0pt; width: 3in; text-indent: 0pt">/s/ John M. Kingsley, Jr.
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P></TD></TR>
    <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">John M. Kingsley, Jr.</TD></TR>
    <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">
&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">Executive Vice President</TD></TR>


  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

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    <TD STYLE="padding: 0pt; width: 2in; text-indent: 0pt">ATTEST:</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0pt; text-indent: 0pt">/s/ Leslie M. Gasper</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">Leslie M. Gasper</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; text-indent: 0pt">Secretary</TD>
    <TD STYLE="padding: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  </TABLE>
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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>3
<FILENAME>ex5-1.htm
<DESCRIPTION>EX-5.1
<TEXT>
<HTML>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%">&nbsp;<IMG SRC="image_001.jpg" ALT=""></TD>
  <TD STYLE="text-align: right; width: 50%; vertical-align: top"><IMG SRC="image_002.jpg" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 73%; font-size: 10pt">June 6, 2023</TD>
    <TD ROWSPAN="2" STYLE="width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Sturm, Ruger &amp; Company, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">One Lacey Place</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Southport, Connecticut 06890</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Post-Effective
Amendment No. 1 to Registration Statement on Form S-8</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Dear Sirs:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We have acted as special
counsel to Sturm, Ruger &amp; Company, Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), in connection with Post-Effective
Amendment No. 1 (the &ldquo;<U>Post-Effective Amendment</U>&rdquo;) to Registration Statement No. 333-217885 (the &ldquo;<U>Registration
Statement</U>&rdquo;) being filed by the Company on the date hereof with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;)
under the Securities Act of 1933, as amended (the &ldquo;<U>Securities Act</U>&rdquo;), covering shares of the Company&rsquo;s Common
Stock, par value $1.00 per share (the &ldquo;<U>Common Stock</U>&rdquo;), which may be issued under The Sturm, Ruger &amp; Company, Inc.
2023 Stock Incentive Plan (the &ldquo;<U>2023 Plan</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">On June 1, 2023 (the &ldquo;<U>Effective
Date</U>&rdquo;), the stockholders of the Company approved the 2023 Plan. The total number of shares of Common Stock that may be granted
under the 2023 Plan includes, in addition to 1,000,000 new shares of Common Stock (included by the Company on a new Registration Statement
on Form S-8 filed on June 6, 2023), (i) any shares of Common Stock that remained available for grant under The Sturm, Ruger &amp; Company,
Inc. 2017 Stock Incentive Plan (the &ldquo;<U>2017 Plan</U>&rdquo;) as of the Effective Date and (ii) the undelivered shares subject to
outstanding awards granted under the 2017 Plan that become available for future grants under the 2023 Plan as provided for in the 2023
Plan (the shares described in (i) and (ii), the &ldquo;<U>2017 Plan Shares</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In rendering this opinion we have examined or are otherwise familiar with
the Company's Certificate of Incorporation and Bylaws, each as amended to date, the 2023 Plan, the 2017 Plan, the Post-Effective Amendment,
the Registration Statement, the <FONT STYLE="background-color: white">resolutions adopted by the board of directors of the Company relating
to the Registration Statement and the 2023 Plan and the proposal adopted by the stockholders of the Company relating to the 2023 Plan
at the Company&rsquo;s 2023 Annual Meeting of Stockholders</FONT>. We have also examined the originals, or copies certified or otherwise
identified to us, of the corporate records of the Company, certificates of public officials and representatives of the Company, and such
other documents and records, and have made such investigations of law, as we have deemed necessary for purposes of this opinion. We have
assumed the genuineness of all
signatures, the conformity to the original of all copies and the factual accuracy of all certificates submitted to us.</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt">&nbsp;<IMG SRC="image_003.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Sturm, Ruger &amp; Company, Inc.</P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif">June 6, 2023<BR>
Page 2</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">On the basis of the foregoing,
and subject to the assumptions, limitations and qualifications set forth herein, we are of the opinion that each 2017 Plan Share that
is newly issued pursuant to the 2023 Plan has been duly authorized by all necessary corporate action on the part of the Company and, upon
the effectiveness of the Post-Effective Amendment and when issued in accordance with the terms of the 2023 Plan at prices in excess of
the par value thereof, will constitute duly authorized, validly issued, fully paid and nonassessable shares of Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We express no opinion as
to any laws other than the General Corporation Law of the State of Delaware and the federal laws of the United States of America. Our
opinion is rendered only with respect to the laws, and the rules, regulations and orders under those laws, that are currently in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We hereby consent to the
filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not thereby admit that we are in the
category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; width: 50%; font-size: 10pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; width: 50%; font-size: 10pt; text-indent: 0pt">Very truly yours,</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>PATTERSON BELKNAP WEBB &amp; TYLER LLP</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">By: <U>/s/ Patterson Belknap Webb &amp; Tyler LLP</U></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; font-size: 10pt; text-indent: 0pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>4
<FILENAME>ex23-1.htm
<DESCRIPTION>EX-23.1
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Consent of Independent Registered Public Accounting
Firm</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We consent to the incorporation by reference in this
Post-Effective Amendment No. 1 to the Registration Statement (No. 333-217885) on Form S-8 of Sturm, Ruger &amp; Company, Inc. of our reports
dated February 22, 2023, relating to the consolidated financial statements, and the effectiveness of internal control over financial reporting
of Sturm, Ruger &amp; Company, Inc. and Subsidiary, appearing in the Annual Report on Form 10-K of Sturm, Ruger &amp; Company, Inc. for
the year ended December 31, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;/s/ RSM US LLP&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Stamford, Connecticut</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">June 6, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<SEQUENCE>5
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
