Form 4: Rush Street Interactive Director Judith Gold Trades Shares
Statement of Changes in Beneficial Ownership
Rush Street Interactive Director Judith Gold reported a transaction involving Class A Common Stock and Class V Voting Stock on April 8, 2026.
Summary
- Judith Gold, a Director at Rush Street Interactive, Inc. (RSI), reported a transaction on April 8, 2026.
- This transaction involved the exchange of 1,714 Class A Common Stock Units for 1,714 shares of Class A Common Stock and the cancellation of an equivalent number of Class V Voting Stock.
- Following this exchange, 1,714 shares of Class A Common Stock were sold at a weighted average price of $23.0308 per share, with prices ranging from $23 to $23.08.
- The Class V Voting Stock provides voting rights but no economic rights.
- The securities are held indirectly through the Daniel S. Kotcher Revocable Trust, of which Judith Gold is a beneficiary and her husband, Daniel Kotcher, is the trustee.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard insider transaction and does not inherently signal positive or negative performance for the company.
Negatives
- 1,714 shares of Class A Common Stock were sold by the reporting person's spouse, potentially indicating a reduction in direct holdings.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The sale of shares, even under a 10b5-1 plan, is a common event for executives and directors to diversify holdings or manage personal finances. The specific details of the exchange and sale provide transparency into the movement of RSI's Class A Common Stock and Class V Voting Stock.
Related Party Transactions
- The transaction involves securities held by the Daniel S. Kotcher Revocable Trust, where Judith Gold is a beneficiary and her husband, Daniel Kotcher, is the trustee. This represents a related party holding.
Stakeholder Impact
- Shareholders: The sale of shares by a director, even if part of a pre-arranged plan, may be observed by shareholders. The details of the sale price and volume are transparent.
- Management: The transaction reflects standard personal financial management by a director.
- Trust Beneficiaries: The transaction impacts the holdings within the Kotcher Trust.
Key Dates
| Date | Description |
|---|---|
| 04/08/2026 | Transaction date for the exchange and sale of securities. |
| 04/10/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Rush Street Interactive, RSI, Form 4, Insider Trading, Securities Exchange, Class A Common Stock, Class V Voting Stock, Beneficial Ownership, 10b5-1 plan
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