Form 4: Rush Street Interactive CEO Richard Schwartz Reports Stock Transaction
SEC Form 4 Filing
Richard Schwartz, CEO of Rush Street Interactive, reports the withholding of shares to cover income tax obligations related to vested restricted stock units.
Summary
- On September 27, 2024, Richard Todd Schwartz, CEO of Rush Street Interactive, had 55,514 Class A Common Stock shares withheld by the issuer to cover income tax obligations.
- The price per share was $10.74.
- Following the transaction, Schwartz beneficially owns 1,807,483 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the CEO's tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/27/2024 | Date of transaction where shares were withheld for tax obligations. |
| 09/30/2024 | Date of signature on the report. |
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