Form 4: Rush Street Interactive Director Judith Gold Reports Securities Transactions

Judith Gold, a director at Rush Street Interactive, reported the exchange and sale of Class A Common Stock and Class V Voting Stock, as well as Class A Common Units of Rush Street Interactive, L.P.

Summary

• On August 8, 2024, Judith Gold's spouse exchanged 150,000 Class A Common Stock Units for 150,000 shares of Class A Common Stock of Rush Street Interactive.
• Concurrently, an equivalent number of Class V Voting Stock held by Gold's spouse was canceled.
• On August 9, 2024, 150,000 shares of Class A Common Stock were sold at a price of $9.50 per share.
• The transactions were executed through the Daniel S. Kotcher Revocable Trust, of which Judith Gold is a beneficiary.
• Following these transactions, the Kotcher Trust indirectly holds 415,083 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral report of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of securities transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of directors and officers, which can be relevant to investors.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates