Form 4: Rush Street Interactive Executive Chairman Gifts Shares

Neil Bluhm, Executive Chairman of Rush Street Interactive, reported gifting 500,000 shares of Class V Voting Stock to a family trust.

Summary

• Neil Bluhm, Executive Chairman, Director, and 10% Owner of Rush Street Interactive, Inc. (RSI), reported a gift transaction.
• On December 19, 2025, Mr. Bluhm disposed of 500,000 shares of Class V Voting Stock at a price of $0.
• The disposition was made to the NGB 2013 Grandchildren's Dynasty Trust, for which Mr. Bluhm is the grantor and a trustee, exercising voting and investment control.
• Concurrently, 500,000 Class A Common Units of Rush Street Interactive, L.P. (RSI Units) were also disposed of via gift, corresponding to the Class V Voting Stock transaction.
• Following the reported transaction, Mr. Bluhm's indirect beneficial ownership includes 106,911,780 shares via the NGB 2013 Grandchildren's Dynasty Trust, 1,527,334 shares via the NGB 2016 Revocable Trust, and 1,362,663 shares via Rush Street Interactive GP, LLC.
• Class A Common Units of RSI LP are exchangeable for one share of the Issuer's Class A Common Stock, upon which an equivalent number of Class V Voting Stock shares are canceled.

Sentiment

Score: 5

Explanation: The filing reports an insider gift transaction, which is typically a neutral event for market sentiment as it represents an estate planning transfer rather than a market-driven sale or purchase.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing reports an insider transaction, which is a routine disclosure for publicly traded companies. It does not provide information directly related to broader industry trends or competitive landscape within the interactive gaming and sports betting sector.

Related Party Transactions

• Neil Bluhm, an executive and significant shareholder, gifted securities to the NGB 2013 Grandchildren's Dynasty Trust, a family trust over which he maintains voting and investment control.

Stakeholder Impact

• Shareholders: The transaction is a transfer of ownership within related entities of a key insider and does not represent an open market sale or purchase, thus having minimal direct impact on public shareholders.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this insider transaction report.

Key Dates

Keywords

Rush Street Interactive, RSI, Neil Bluhm, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Class V Voting Stock, Class A Common Units