Form 4: Rush Street Interactive COO Settles Tax Obligations with Stock
SEC Form 4 Filing
Mattias Stetz, COO of Rush Street Interactive, had shares withheld to cover income tax obligations related to vesting restricted stock units.
Summary
- On September 27, 2024, Mattias Stetz, the Chief Operating Officer of Rush Street Interactive, had 6,246 shares of Class A Common Stock withheld by the issuer to satisfy income tax obligations.
- The shares were withheld in connection with the vesting and net settlement of previously disclosed restricted stock units.
- The price per share was $10.74.
- Following the transaction, Stetz directly owns 600,484 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event related to executive compensation and tax obligations. It's a routine transaction and doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
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 Form 4 filing. |
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