Form 4: RSI CFO Donates Shares to Charitable Trust
Insider Transaction Report
Rush Street Interactive's CFO, Kyle Sauers, reported a donation of 8,809 Class A Common Stock shares to his charitable trust.
Summary
- Kyle Sauers, Chief Financial Officer of Rush Street Interactive, Inc. (RSI), reported a transaction on September 8, 2025.
- He disposed of 8,809 shares of Class A Common Stock through a gift (transaction code 'G').
- The shares were donated to his charitable trust at a price of $0 per share.
- Following this transaction, Sauers directly beneficially owns 453,414 shares of Class A Common Stock.
- Additionally, he indirectly beneficially owns 4,700 shares of Class A Common Stock through a child.
Sentiment
Score: 5
Explanation: The filing reports a personal charitable donation by the CFO, which is a neutral event for the company's operational or financial performance.
Positives
- The transaction represents a donation to a charitable trust, reflecting philanthropic activity by the executive.
Negatives
- A reduction in direct beneficial ownership by an executive, even for a charitable purpose, slightly decreases their direct stake in the company.
Future Outlook
NA
Industry Context
This filing is an insider transaction report and does not provide information directly related to broader industry trends or competitive landscape.
Related Party Transactions
- Disposition of 8,809 Class A Common Stock shares to the Reporting Person's charitable trust.
Stakeholder Impact
- Shareholders: A slight decrease in direct insider ownership, but for a philanthropic purpose, is unlikely to have a material impact on company valuation or investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/08/2025 | Date of transaction (disposition of shares) |
| 09/09/2025 | Date of filing signature |
Recommendation
holdThe Form 4 filing details a charitable donation of shares by the CFO, which is a personal transaction and does not provide new information regarding the company's operational performance, financial health, or strategic direction to warrant a change in investment recommendation.
Keywords
Rush Street Interactive, RSI, Kyle Sauers, CFO, Form 4, Insider Transaction, Stock Donation, Charitable Trust, Class A Common Stock
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