Form 4: Rush Street Interactive Director James Alan Gordon Awarded Over 10,000 Restricted Stock Units

Rush Street Interactive, Inc. Director James Alan Gordon was awarded 10,958 restricted stock units (RSUs) under the company's 2020 Omnibus Equity Incentive Plan.

Summary

• On May 29, 2025, James Alan Gordon, a Director of Rush Street Interactive, Inc. (RSI), was awarded 10,958 restricted stock units (RSUs).
• The RSUs were granted under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan, as amended.
• These RSUs are scheduled to vest as of the Issuer's next annual meeting of stockholders, which is anticipated to be held in calendar year 2026.
• Following this transaction, Mr. Gordon beneficially owns a total of 111,629 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it represents a routine, value-aligning compensation event for a director, which is generally viewed favorably by investors as it ties management's interests to shareholder value. It does not, however, indicate significant new business developments or financial performance.

Positives

• The award of restricted stock units to a director helps align management's interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• This is a standard practice for executive and director compensation, indicating a routine operation of the company's equity incentive plan.

Future Outlook

The awarded restricted stock units are set to vest in calendar year 2026, contingent on the company's next annual meeting of stockholders.

Industry Context

The award of restricted stock units is a common form of non-cash compensation for directors and executives across various industries, including the interactive entertainment and online gaming sector, aiming to retain talent and align their long-term interests with company performance.

Related Party Transactions

• Award of restricted stock units to a director, which is a common form of compensation and a transaction between the company and a related party.

Stakeholder Impact

• Shareholders: The award aligns the director's financial interests with shareholder value creation, as the RSUs' value depends on the company's stock performance.
• Employees: While specific to a director, such equity awards are part of a broader compensation philosophy that can motivate key personnel.

Next Steps

• The restricted stock units are expected to vest at the Issuer's next annual meeting of stockholders in calendar year 2026.

Key Dates

Keywords

Rush Street Interactive, RSI, Form 4, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Equity Incentive Plan, Beneficial Ownership