Form 4: RSI CFO Kyle Sauers Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Rush Street Interactive's CFO, Kyle Sauers, reported the sale of 15,038 Class A Common Stock shares and tax-related withholding of 19,725 shares.
Summary
- Kyle Sauers, Chief Financial Officer of Rush Street Interactive, Inc. (RSI), filed a Form 4 disclosing recent transactions.
- On September 29, 2025, 19,725 shares of Class A Common Stock were withheld by the issuer at a price of $21.72 to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of previously disclosed restricted stock units. This transaction does not represent a sale by Mr. Sauers.
- On September 30, 2025, Mr. Sauers sold 15,038 shares of Class A Common Stock at a price of $22.34.
- This sale was executed pursuant to a Rule 10b5-1 trading plan dated August 8, 2024.
- Following these reported transactions, Mr. Sauers directly beneficially owns 418,651 shares of Class A Common Stock and indirectly owns 4,700 shares through a child.
Sentiment
Score: 5
Explanation: Neutral. The filing is a standard disclosure of insider transactions, including a pre-scheduled sale under a 10b5-1 plan and tax-related withholding, which are routine events and do not inherently indicate positive or negative company performance.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity and does not provide information relevant to broader industry trends or competitor analysis.
Stakeholder Impact
- Shareholders: Disclosure of insider selling, though pre-scheduled under a 10b5-1 plan, may be noted by investors. The tax withholding is a non-discretionary event for market perception.
Key Dates
| Date | Description |
|---|---|
| August 8, 2024 | Date of the 10b5-1 Plan establishment. |
| September 29, 2025 | Date of shares withheld for tax obligations related to RSU vesting. |
| September 30, 2025 | Date of Class A Common Stock sale by Kyle Sauers. |
| October 1, 2025 | Date the Form 4 was signed. |
Keywords
Rush Street Interactive, RSI, Kyle Sauers, CFO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Restricted Stock Units, Equity Compensation
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