Form 4: Rush Street Interactive Executive Einar Roosileht Executes Stock Transactions

Einar Roosileht, Chief Information Officer of Rush Street Interactive, reports the exchange and sale of company stock on April 1, 2025.

Summary

• On April 1, 2025, Einar Roosileht, the Chief Information Officer of Rush Street Interactive, exchanged 70,000 Class A Common Stock Units for 70,000 shares of Class A Common Stock.
• Simultaneously, 70,000 shares of Class V Voting Stock held by Roosileht were canceled.
• Roosileht also sold 60,000 shares of Class A Common Stock at a weighted average price of $10.6853 per share, with prices ranging from $10.47 to $10.88.
• Following these transactions, Roosileht directly owns 956,150 shares of Class A Common Stock and 2,534,157 Class A Common Units of Rush Street Interactive, L.P.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the trading activities of key personnel. It is common practice for executives to utilize 10b5-1 trading plans to manage their stock sales and avoid accusations of insider trading.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership structure.
• The transactions are unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Rush Street Interactive, RSI, Einar Roosileht, Class A Common Stock, Class V Voting Stock, Stock Transaction, Form 4, 10b5-1 Plan, Insider Trading