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Rush Street Interactive trust proposes $580K sale

The Rule 10b5-1 plan associated with the proposed sale is reported as adopted August 15, 2025.

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Form Type
144

Rhea-AI Filing Summary

Rush Street Interactive, Inc. (RSI) is named as issuer in a notice of a proposed sale of 47,222 common shares from the Richard T. Schwartz Revocable Trust. The notice identifies Richard T. Schwartz as a director and officer and lists an approximate sale date of November 9, 2026, with an aggregate market value of $579,886.16. The proposed sale is reported under a Rule 10b5-1 plan. The trust's earlier 10b5-1 sales included 47,222 shares for $938,631.69 on October 1, 2026, and 47,222 shares for $1,213,199.29 on September 1, 2026.

Proposed sale 47,222 common shares Richard T. Schwartz Revocable Trust
Aggregate market value $579,886.16 Proposed sale
Prior reported 10b5-1 sale 47,222 shares; $938,631.69 gross proceeds October 1, 2026; Richard T. Schwartz Revocable Trust
Prior reported 10b5-1 sale 47,222 shares; $1,213,199.29 gross proceeds September 1, 2026; Richard T. Schwartz Revocable Trust
Rule 10b5-1 plan adoption August 15, 2025 Plan associated with the proposed sale
Rule 10b5-1 regulatory
"Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Aggregate Market Value financial
"Aggregate Market Value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Gross Proceeds financial
"Gross Proceeds"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
Founders Shares financial
"Nature of Acquisition Transaction: Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSI shares is Richard T. Schwartz's trust proposing to sell?

The Richard T. Schwartz Revocable Trust is listed for a proposed sale of 47,222 common shares, with an aggregate market value of $579,886.16 and an approximate sale date of November 9, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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