Form 4: RSI CFO Kyle Sauers Executes Stock Sale

Rush Street Interactive CFO Kyle Sauers sold 23,000 shares of Class A Common Stock via a pre-arranged 10b5-1 trading plan.

Summary

• Kyle Sauers, Chief Financial Officer and President of Rush Street Interactive, Inc. (RSI), sold 23,000 shares of Class A Common Stock.
• The transaction occurred on May 4, 2026, at a price of $28.39 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling stock to avoid concerns about insider trading.
• Following the transaction, Sauers retains direct ownership of 654,258 shares, with an additional 4,700 shares held indirectly by a child.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed through a pre-planned 10b5-1 arrangement, which is standard practice for executive financial planning.

Positives

• The sale was conducted under a pre-established 10b5-1 plan, indicating the transaction was planned in advance rather than based on non-public information.

Negatives

• Insider selling can sometimes be perceived by the market as a lack of confidence in the company's short-term stock performance, though 10b5-1 plans mitigate this concern.

Risks

• None identified in this specific Form 4 filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that insider selling via 10b5-1 plans is a standard practice for executives to diversify their personal portfolios and is generally viewed as a routine financial management activity rather than a signal of company distress.

Comparison to Industry Standards

• The use of 10b5-1 plans is the industry standard for corporate executives to manage equity holdings while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact expected as the sale was pre-planned and represents a small portion of the executive's total holdings.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

RSI, Rush Street Interactive, Insider Trading, Form 4, Kyle Sauers, CFO, Stock Sale