Form 4: RSI CEO Sells Shares Under 10b5-1 Plan

Rush Street Interactive CEO Richard Todd Schwartz sold over 193,000 shares of Class A Common Stock in pre-scheduled transactions.

Summary

• Richard Todd Schwartz, Chief Executive Officer and Director of Rush Street Interactive, Inc. (RSI), reported sales of Class A Common Stock.
• The transactions occurred on November 10, 2025, and November 11, 2025.
• On November 10, 2025, 121,459 shares were sold at a weighted average price of $17.5181 per share, with prices ranging from $17.36 to $17.70.
• On November 11, 2025, an additional 72,446 shares were sold at a weighted average price of $17.4085 per share, with prices ranging from $17.18 to $17.54.
• These sales were executed pursuant to a Rule 10b5-1 trading plan dated August 16, 2024.
• Following these reported transactions, Schwartz directly beneficially owns 380,242 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider stock sales executed under a pre-established 10b5-1 trading plan, which typically does not convey new information about the company's performance or future prospects. Therefore, the sentiment is neutral.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This insider transaction report (Form 4) details a routine, pre-scheduled sale of company stock by a senior executive and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The sale of shares by a CEO, even under a 10b5-1 plan, can sometimes be perceived negatively, but these pre-scheduled transactions generally do not signal a change in management's view of the company's future prospects. The impact is likely minor.
• Employees, Customers, Suppliers, Creditors: No direct impact from this filing.

Key Dates

Keywords

Rush Street Interactive, RSI, Richard Todd Schwartz, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Director