Form 4: Rush Street Interactive COO Sells 25,000 Shares Under Pre-Arranged 10b5-1 Plan

Rush Street Interactive's Chief Operating Officer, Mattias Stetz, sold 25,000 shares of Class A Common Stock for a weighted average price of $12.4665 per share on June 2, 2025, as part of a pre-arranged 10b5-1 trading plan.

Summary

• Mattias Stetz, the Chief Operating Officer (COO) of Rush Street Interactive, Inc. (RSI), reported a transaction involving the sale of company stock.
• On June 2, 2025, Mr. Stetz disposed of 25,000 shares of Rush Street Interactive's Class A Common Stock.
• The shares were sold at a weighted average price of $12.4665 per share, with individual transaction prices ranging from $12.33 to $12.645.
• This sale was conducted pursuant to a Rule 10b5-1 trading plan, which was established on August 16, 2024.
• Following this transaction, Mr. Stetz directly beneficially owns 371,051 shares of Class A Common Stock and indirectly owns an additional 205,448 shares through his spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale reduces direct ownership, the transaction was executed under a pre-arranged 10b5-1 trading plan, which typically indicates a planned diversification or liquidity event rather than a reaction to new, negative company-specific information. This mitigates the potential negative signal often associated with insider sales.

Stakeholder Impact

• Shareholders: The sale represents a reduction in direct insider ownership, which could be perceived differently by investors depending on their interpretation of 10b5-1 plans versus open market sales.

Key Dates

Keywords

Rush Street Interactive, RSI, Mattias Stetz, Chief Operating Officer, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Equity Transaction, Beneficial Ownership