Form 4: RSI COO Sells 30,000 Shares Under 10b5-1 Plan

Rush Street Interactive's Chief Operating Officer, Mattias Stetz, sold 30,000 shares of Class A Common Stock for a weighted average price of $17.0897 per share.

Summary

• Mattias Stetz, Chief Operating Officer of Rush Street Interactive, Inc. (RSI), reported a sale of 30,000 shares of Class A Common Stock.
• The transaction occurred on November 3, 2025.
• The shares were sold at a weighted average price of $17.0897 per share, with individual sales ranging from $16.82 to $17.45.
• This sale was executed pursuant to a Rule 10b5-1 trading plan established on August 16, 2024.
• Following the transaction, Mr. Stetz directly beneficially owns 194,806 shares and indirectly owns 205,448 shares through his spouse.

Sentiment

Score: 5

Explanation: The transaction is a routine insider sale executed under a pre-established 10b5-1 plan, which typically indicates a planned liquidity event rather than a change in management's outlook on the company's prospects. Therefore, the sentiment is neutral.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled, non-discretionary transaction rather than a reaction to new, undisclosed information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived by the market as a lack of confidence, though this is mitigated by the pre-planned nature.

Industry Context

This transaction is a routine insider filing and does not provide specific insights into broader industry trends or competitive landscape beyond the company's stock valuation at the time of sale.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in insider ownership, which is generally not a significant concern given it was pre-planned under a 10b5-1 plan.

Key Dates

Keywords

Rush Street Interactive, RSI, Mattias Stetz, insider trading, stock sale, 10b5-1 plan, beneficial ownership, COO