AG˹ٷ

STOCK TITAN

[Form 4] Rush Street Interactive, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Rush Street Interactive, Inc. (RSI) � Form 4 insider transaction

Chief Executive Officer and Director Richard Todd Schwartz reported the sale of 193,905 Class A common shares on 07/08/2025. The shares were disposed of under a pre-arranged Rule 10b5-1 trading plan dated 08/16/2024, indicating the trades were scheduled in advance to avoid the appearance of opportunistic timing.

The weighted-average selling price was $15.3898, with individual trades executed between $15.14 and $15.60. Following the sale, Schwartz’s direct beneficial ownership stands at 1,017,471 shares. No derivative securities transactions were reported, and there were no purchases.

While Form 4 filings do not provide company-level financial metrics, insider activity can be a sentiment indicator. The transaction represents an approximate 16% reduction of Schwartz’s directly held shares (based on the difference between pre- and post-transaction holdings disclosed in this filing). The use of a 10b5-1 plan mitigates concerns of information asymmetry, but investors often monitor sizable executive sales for potential signaling effects.

Rush Street Interactive, Inc. (RSI) � Transazione interna Form 4

Il CEO e Direttore Richard Todd Schwartz ha comunicato la vendita di 193.905 azioni ordinarie di Classe A il 08/07/2025. Le azioni sono state cedute secondo un piano di trading Rule 10b5-1 predefinito datato 16/08/2024, segnalando che le operazioni erano programmate in anticipo per evitare l'impressione di un tempismo opportunistico.

Il prezzo medio ponderato di vendita è stato di $15,3898, con singole operazioni eseguite tra $15,14 e $15,60. Dopo la vendita, la proprietà diretta effettiva di Schwartz è di 1.017.471 azioni. Non sono state segnalate transazioni su strumenti derivati né acquisti.

Sebbene le comunicazioni Form 4 non forniscano metriche finanziarie a livello aziendale, l'attività degli insider può indicare il sentiment. L'operazione rappresenta una riduzione di circa il 16% delle azioni detenute direttamente da Schwartz (basata sulla differenza tra le partecipazioni prima e dopo la transazione riportate in questo documento). L'uso di un piano 10b5-1 riduce le preoccupazioni legate all'asimmetria informativa, ma gli investitori monitorano spesso le vendite significative da parte dei dirigenti per eventuali segnali.

Rush Street Interactive, Inc. (RSI) � Transacción interna Formulario 4

El Director Ejecutivo y miembro de la Junta Richard Todd Schwartz reportó la venta de 193,905 acciones comunes Clase A el 08/07/2025. Las acciones se vendieron bajo un plan de negociación Rule 10b5-1 preestablecido con fecha 16/08/2024, lo que indica que las operaciones fueron programadas con anticipación para evitar la apariencia de un momento oportunista.

El precio promedio ponderado de venta fue de $15.3898, con transacciones individuales ejecutadas entre $15.14 y $15.60. Tras la venta, la propiedad directa beneficiaria de Schwartz es de 1,017,471 acciones. No se reportaron transacciones con valores derivados ni compras.

Aunque las presentaciones del Formulario 4 no proporcionan métricas financieras a nivel de empresa, la actividad interna puede ser un indicador de sentimiento. La transacción representa una reducción aproximada del 16% de las acciones directamente en posesión de Schwartz (basado en la diferencia entre las tenencias antes y después de la transacción divulgada en este documento). El uso de un plan 10b5-1 mitiga las preocupaciones sobre asimetría de información, pero los inversores suelen monitorear ventas ejecutivas significativas por posibles efectos de señalización.

러시 스트리트 인터랙티�(Rush Street Interactive, Inc., RSI) � Form 4 내부� 거래 보고

최고경영�(CEO) � 이사� 리차� 토드 슈워�(Richard Todd Schwartz)� 2025� 7� 8일에 193,905� 클래� A 보통� 매도� 보고했습니다. 해당 주식읶 2024� 8� 16일자� 사전� 설정� Rule 10b5-1 거래 계획� 따라 처분되었으며, 이는 기회주의� 타이밍으로 보이지 않도� 사전� 거래가 계획되었음을 의미합니�.

가중평� 매도가격읶� $15.3898였으며, 개별 거래� $15.14에서 $15.60 사이에서 이루어졌습니�. 매도 � 슈워츠의 직접 실소� 지�1,017,471�입니�. 파생상품 거래� 보고되지 않았�, 매수� 없었습니�.

Form 4 제출서류� 회사 차원� 재무 지표를 제공하지 않지�, 내부� 거래� 투자 심리� 지표가 � � 있습니다. 이번 거래� 슈워츠가 직접 보유� 주식� � 16% 감소� 해당합니�(� 보고서에 공시� 거래 전후 보유 주식 차이� 기준). 10b5-1 계획� 사용함으로써 정보 비대� 우려� 완화하지�, 투자자들읶 대규모 경영� 매도� 잠재� 신호� 주시하는 경향� 있습니다.

Rush Street Interactive, Inc. (RSI) � Transaction d’initié Formulaire 4

Le Directeur Général et Administrateur Richard Todd Schwartz a déclaré la vente de 193 905 actions ordinaires de Classe A le 08/07/2025. Les actions ont été cédées dans le cadre d’un plan de trading Rule 10b5-1 préétabli daté du 16/08/2024, indiquant que les transactions étaient programmées à l’avance afin d’éviter toute apparence de timing opportuniste.

Le prix de vente moyen pondéré était de 15,3898 $, avec des transactions individuelles exécutées entre 15,14 $ et 15,60 $. Après la vente, la possession directe effective de Schwartz s’élève à 1 017 471 actions. Aucune transaction sur titres dérivés n’a été signalée, et aucun achat n’a été effectué.

Bien que les déclarations Formulaire 4 ne fournissent pas de données financières au niveau de l’entreprise, l’activité des initiés peut indiquer un sentiment du marché. La transaction représente une réduction d’environ 16 % des actions détenues directement par Schwartz (basé sur la différence entre les avoirs avant et après la transaction divulguée dans ce document). L’utilisation d’un plan 10b5-1 atténue les inquiétudes liées à l’asymétrie d’information, mais les investisseurs surveillent souvent les ventes importantes par les dirigeants pour d’éventuels effets de signalisation.

Rush Street Interactive, Inc. (RSI) � Insider-Transaktion Form 4

Chief Executive Officer und Direktor Richard Todd Schwartz meldete den Verkauf von 193.905 Class-A-Stammaktien am 08.07.2025. Die Aktien wurden im Rahmen eines vorab vereinbarten Rule 10b5-1 Handelsplans vom 16.08.2024 veräußert, was darauf hinweist, dass die Transaktionen im Voraus geplant wurden, um den Eindruck opportunistischer Timing zu vermeiden.

Der gewichtete durchschnittliche Verkaufspreis betrug 15,3898 $, wobei einzelne Transaktionen zwischen 15,14 $ und 15,60 $ ausgeführt wurden. Nach dem Verkauf hält Schwartz eine direkte wirtschaftliche Eigentümerschaft von 1.017.471 Aktien. Es wurden keine Derivatgeschäfte gemeldet, und es gab keine Käufe.

Obwohl Form 4 Meldungen keine finanziellen Unternehmenskennzahlen liefern, kann Insider-Aktivität als Stimmungsindikator dienen. Die Transaktion stellt eine ungefähre Reduzierung von 16 % der direkt gehaltenen Aktien von Schwartz dar (basierend auf der Differenz zwischen den vor- und nach der Transaktion offengelegten Beständen). Die Nutzung eines 10b5-1 Plans mindert Bedenken hinsichtlich Informationsasymmetrie, doch Investoren beobachten große Verkäufe von Führungskräften oft auf potenzielle Signale.

Positive
  • Sale executed under a Rule 10b5-1 plan, enhancing transparency and reducing concerns of opportunistic insider trading.
Negative
  • CEO reduced his direct shareholding by 193,905 shares (�16%), which can be perceived as a confidence-dampening signal.

Insights

TL;DR: CEO sold 193.9k shares (16% of stake) via 10b5-1 at ~$15.39; modestly negative sentiment but mitigated by pre-planned trade.

The filing shows a meaningful, though not company-altering, reduction in the CEO’s position. The 10b5-1 plan reduces the likelihood of trading on non-public information, yet a sale of this size can still weigh on investor perception, particularly given RSI’s sensitivity to executive confidence signals. No derivatives or option exercises accompany the sale, so the action purely decreases common-share exposure. Absent complementary information (earnings, guidance, major corporate events), I regard the impact as slightly negative from a sentiment standpoint, but not materially detrimental to fundamentals.

TL;DR: Transaction is routine liquidity under 10b5-1; monitor pattern but treat as low fundamental impact.

From a portfolio perspective, insider sales only become thesis-changing when they are unusually large relative to ownership or coincide with deteriorating fundamentals. Schwartz retains over one million shares, indicating continued alignment. The weighted-average price suggests he captured liquidity near recent trading levels, not a premium, which may keep price pressure limited. I classify this as not impactful to valuation yet worth tracking if sales persist.

Rush Street Interactive, Inc. (RSI) � Transazione interna Form 4

Il CEO e Direttore Richard Todd Schwartz ha comunicato la vendita di 193.905 azioni ordinarie di Classe A il 08/07/2025. Le azioni sono state cedute secondo un piano di trading Rule 10b5-1 predefinito datato 16/08/2024, segnalando che le operazioni erano programmate in anticipo per evitare l'impressione di un tempismo opportunistico.

Il prezzo medio ponderato di vendita è stato di $15,3898, con singole operazioni eseguite tra $15,14 e $15,60. Dopo la vendita, la proprietà diretta effettiva di Schwartz è di 1.017.471 azioni. Non sono state segnalate transazioni su strumenti derivati né acquisti.

Sebbene le comunicazioni Form 4 non forniscano metriche finanziarie a livello aziendale, l'attività degli insider può indicare il sentiment. L'operazione rappresenta una riduzione di circa il 16% delle azioni detenute direttamente da Schwartz (basata sulla differenza tra le partecipazioni prima e dopo la transazione riportate in questo documento). L'uso di un piano 10b5-1 riduce le preoccupazioni legate all'asimmetria informativa, ma gli investitori monitorano spesso le vendite significative da parte dei dirigenti per eventuali segnali.

Rush Street Interactive, Inc. (RSI) � Transacción interna Formulario 4

El Director Ejecutivo y miembro de la Junta Richard Todd Schwartz reportó la venta de 193,905 acciones comunes Clase A el 08/07/2025. Las acciones se vendieron bajo un plan de negociación Rule 10b5-1 preestablecido con fecha 16/08/2024, lo que indica que las operaciones fueron programadas con anticipación para evitar la apariencia de un momento oportunista.

El precio promedio ponderado de venta fue de $15.3898, con transacciones individuales ejecutadas entre $15.14 y $15.60. Tras la venta, la propiedad directa beneficiaria de Schwartz es de 1,017,471 acciones. No se reportaron transacciones con valores derivados ni compras.

Aunque las presentaciones del Formulario 4 no proporcionan métricas financieras a nivel de empresa, la actividad interna puede ser un indicador de sentimiento. La transacción representa una reducción aproximada del 16% de las acciones directamente en posesión de Schwartz (basado en la diferencia entre las tenencias antes y después de la transacción divulgada en este documento). El uso de un plan 10b5-1 mitiga las preocupaciones sobre asimetría de información, pero los inversores suelen monitorear ventas ejecutivas significativas por posibles efectos de señalización.

러시 스트리트 인터랙티�(Rush Street Interactive, Inc., RSI) � Form 4 내부� 거래 보고

최고경영�(CEO) � 이사� 리차� 토드 슈워�(Richard Todd Schwartz)� 2025� 7� 8일에 193,905� 클래� A 보통� 매도� 보고했습니다. 해당 주식읶 2024� 8� 16일자� 사전� 설정� Rule 10b5-1 거래 계획� 따라 처분되었으며, 이는 기회주의� 타이밍으로 보이지 않도� 사전� 거래가 계획되었음을 의미합니�.

가중평� 매도가격읶� $15.3898였으며, 개별 거래� $15.14에서 $15.60 사이에서 이루어졌습니�. 매도 � 슈워츠의 직접 실소� 지�1,017,471�입니�. 파생상품 거래� 보고되지 않았�, 매수� 없었습니�.

Form 4 제출서류� 회사 차원� 재무 지표를 제공하지 않지�, 내부� 거래� 투자 심리� 지표가 � � 있습니다. 이번 거래� 슈워츠가 직접 보유� 주식� � 16% 감소� 해당합니�(� 보고서에 공시� 거래 전후 보유 주식 차이� 기준). 10b5-1 계획� 사용함으로써 정보 비대� 우려� 완화하지�, 투자자들읶 대규모 경영� 매도� 잠재� 신호� 주시하는 경향� 있습니다.

Rush Street Interactive, Inc. (RSI) � Transaction d’initié Formulaire 4

Le Directeur Général et Administrateur Richard Todd Schwartz a déclaré la vente de 193 905 actions ordinaires de Classe A le 08/07/2025. Les actions ont été cédées dans le cadre d’un plan de trading Rule 10b5-1 préétabli daté du 16/08/2024, indiquant que les transactions étaient programmées à l’avance afin d’éviter toute apparence de timing opportuniste.

Le prix de vente moyen pondéré était de 15,3898 $, avec des transactions individuelles exécutées entre 15,14 $ et 15,60 $. Après la vente, la possession directe effective de Schwartz s’élève à 1 017 471 actions. Aucune transaction sur titres dérivés n’a été signalée, et aucun achat n’a été effectué.

Bien que les déclarations Formulaire 4 ne fournissent pas de données financières au niveau de l’entreprise, l’activité des initiés peut indiquer un sentiment du marché. La transaction représente une réduction d’environ 16 % des actions détenues directement par Schwartz (basé sur la différence entre les avoirs avant et après la transaction divulguée dans ce document). L’utilisation d’un plan 10b5-1 atténue les inquiétudes liées à l’asymétrie d’information, mais les investisseurs surveillent souvent les ventes importantes par les dirigeants pour d’éventuels effets de signalisation.

Rush Street Interactive, Inc. (RSI) � Insider-Transaktion Form 4

Chief Executive Officer und Direktor Richard Todd Schwartz meldete den Verkauf von 193.905 Class-A-Stammaktien am 08.07.2025. Die Aktien wurden im Rahmen eines vorab vereinbarten Rule 10b5-1 Handelsplans vom 16.08.2024 veräußert, was darauf hinweist, dass die Transaktionen im Voraus geplant wurden, um den Eindruck opportunistischer Timing zu vermeiden.

Der gewichtete durchschnittliche Verkaufspreis betrug 15,3898 $, wobei einzelne Transaktionen zwischen 15,14 $ und 15,60 $ ausgeführt wurden. Nach dem Verkauf hält Schwartz eine direkte wirtschaftliche Eigentümerschaft von 1.017.471 Aktien. Es wurden keine Derivatgeschäfte gemeldet, und es gab keine Käufe.

Obwohl Form 4 Meldungen keine finanziellen Unternehmenskennzahlen liefern, kann Insider-Aktivität als Stimmungsindikator dienen. Die Transaktion stellt eine ungefähre Reduzierung von 16 % der direkt gehaltenen Aktien von Schwartz dar (basierend auf der Differenz zwischen den vor- und nach der Transaktion offengelegten Beständen). Die Nutzung eines 10b5-1 Plans mindert Bedenken hinsichtlich Informationsasymmetrie, doch Investoren beobachten große Verkäufe von Führungskräften oft auf potenzielle Signale.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SCHWARTZ RICHARD TODD

(Last) (First) (Middle)
C/O RUSH STREET INTERACTIVE, INC.
900 N. MICHIGAN AVENUE, SUITE 950

(Street)
CHICAGO IL 60611

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rush Street Interactive, Inc. [ RSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/08/2025 S(1) 193,905 D $15.3898(2) 1,017,471 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were sold pursuant to a 10b5-1 Plan dated August 16, 2024.
2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $15.14 to $15.60 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Kyle Sauers as Attorney-in-fact 07/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many RSI shares did CEO Richard Todd Schwartz sell on 07/08/2025?

He sold 193,905 Class A common shares.

At what price were the RSI shares sold?

The weighted-average selling price was $15.3898, with trades between $15.14 and $15.60.

What is the CEO's remaining share ownership in Rush Street Interactive?

Following the transaction, he beneficially owns 1,017,471 shares directly.

Was the transaction part of a pre-arranged trading plan?

Yes. The shares were sold under a Rule 10b5-1 plan dated 08/16/2024.

Does the filing report any derivative security activity?

No derivative securities were acquired or disposed of in this Form 4.
Rush Street Interactive Inc

NYSE:RSI

RSI Rankings

RSI Latest News

RSI Latest SEC Filings

RSI Stock Data

1.43B
87.95M
4.92%
82.51%
9.61%
Gambling
Services-miscellaneous Amusement & Recreation
United States
CHICAGO