Form 4: RSI COO Mattias Stetz Executes Stock Sale Plan

Rush Street Interactive COO Mattias Stetz sold 70,000 shares of Class A Common Stock via a pre-arranged 10b5-1 trading plan.

Summary

• Mattias Stetz, Chief Operating Officer of Rush Street Interactive, Inc. (RSI), reported the sale of 70,000 shares of Class A Common Stock.
• The transactions occurred on April 27, 2026, and April 29, 2026.
• 20,000 shares were sold by the reporting person's spouse at a weighted average price of $24.0562.
• 50,000 shares were sold by a trust following the conversion of 50,000 Class A Common Units into Class A Common Stock, at a weighted average price of $27.4437.
• All sales were conducted pursuant to a Rule 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transactions were pre-planned and represent standard executive financial management rather than a reaction to company performance.

Positives

• The transactions were executed under a pre-established 10b5-1 plan, which is a standard mechanism for insiders to sell stock without triggering concerns regarding non-public information.

Negatives

• The sale represents a reduction in the insider's direct and indirect equity stake in the company.

Risks

• Insider selling can sometimes be perceived by the market as a signal that management believes the stock price is near its peak.

Future Outlook

No forward-looking guidance or operational outlook was provided in this regulatory filing.

Industry Context

StockSavvy.ai notes that insider selling via 10b5-1 plans is a routine practice for executives in the high-growth iGaming and sports betting sector to manage personal liquidity, and does not necessarily reflect a change in the company's operational trajectory.

Comparison to Industry Standards

• The use of 10b5-1 plans is the industry standard for executive stock divestment to ensure compliance with SEC regulations.
• The volume of shares sold is consistent with typical executive compensation and liquidity management patterns seen in mid-cap gaming companies.

Stakeholder Impact

• Minimal impact expected on shareholders as the sales were conducted through a pre-arranged plan.

Next Steps

• Continued monitoring of future Form 4 filings for further insider activity.

Key Dates

Keywords

Rush Street Interactive, RSI, Insider Trading, Form 4, Mattias Stetz, 10b5-1, Online Gaming