Form 4: Rush Street Interactive COO Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Mattias Stetz, COO of Rush Street Interactive, sold 3,777 shares of Class A Common Stock at an average price of $12.0801 under a pre-arranged 10b5-1 trading plan.
Summary
- On April 23, 2025, Mattias Stetz, the Chief Operating Officer of Rush Street Interactive, Inc. (RSI), sold 3,777 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $12.0801 per share.
- The transactions were conducted under a pre-arranged 10b5-1 trading plan established on August 16, 2024.
- Following the transaction, Mr. Stetz directly owns 421,051 shares of Class A Common Stock and indirectly owns 205,448 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock sale under a pre-arranged plan, so it doesn't convey strong positive or negative sentiment.
Industry Context
Sales by company insiders are routinely monitored and reported to the SEC. Sales under a 10b5-1 plan are generally viewed as less impactful since they are pre-arranged and not based on current insider information.
Key Dates
| Date | Description |
|---|---|
| August 16, 2024 | Date of 10b5-1 Plan |
| April 23, 2025 | Date of transaction (stock sale) |
| April 25, 2025 | Date of Form 4 filing |
Keywords
Form 4, Rush Street Interactive, RSI, Mattias Stetz, Chief Operating Officer, Stock Sale, 10b5-1 Plan, Insider Trading
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