Form 4: RSI CFO Donates Shares to Charitable Trust

Rush Street Interactive's CFO, Kyle Sauers, reported a donation of 14,634 Class A Common Stock shares to his charitable trust.

Summary

• Kyle Sauers, Chief Financial Officer and President of Rush Street Interactive, Inc. (RSI), reported a disposition of shares.
• On December 16, 2025, Sauers donated 14,634 shares of Class A Common Stock.
• The transaction was a gift (Code G) with a price of $0 per share.
• The shares were donated to the Reporting Person's charitable trust.
• Following this transaction, Sauers directly beneficially owns 500,192 shares and indirectly owns 4,700 shares through a child.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral. The filing reports a routine, pre-planned charitable donation of shares by a key executive. While it reduces the executive's direct holdings, it is not indicative of negative sentiment towards the company and is a common practice for wealth management and philanthropy.

Positives

• The transaction was a planned disposition under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent transaction.
• The donation to a charitable trust reflects philanthropic activity by a key executive.

Negatives

• A disposition of shares by a key executive, even for charitable purposes, reduces their direct equity stake in the company.

Industry Context

This Form 4 is a routine insider trading disclosure and does not provide specific industry context beyond the company's identity.

Related Party Transactions

• Donation of shares to the Reporting Person's charitable trust.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but the overall impact is negligible given the small percentage of total shares and the nature of the transaction.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Recommendation

This Form 4 reports a routine, pre-planned charitable donation of shares by a key executive. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction is a personal financial decision and not indicative of a change in the company's fundamentals or the executive's long-term view of the company.

Keywords

Rush Street Interactive, RSI, Kyle Sauers, Form 4, Insider Transaction, Stock Donation, Charitable Trust, Class A Common Stock, Officer, CFO