Rush Street Interactive (RSI) Form 144 Discloses 30,000-Share Sale via Merrill Lynch
Rhea-AI Filing Summary
Form 144 filed for Rush Street Interactive, Inc. (RSI) shows a proposed sale of 30,000 common shares to be executed through Merrill Lynch on 10/01/2025 on the NYSE. The filing lists 94,555,182 shares outstanding and an aggregate market value of the proposed sale of 603,057. The shares to be sold were acquired in three equity awards recorded on 03/15/2024 (15,235 shares), 03/26/2024 (6,913 shares) and 09/27/2025 (7,852 shares). The filer, identified as Mattias Stetz at a Chicago address, reported multiple recent sales in the past three months totaling 110,000 shares with gross proceeds shown for each sale. Some standard filer contact and issuer identification fields appear blank in the provided extract.
Positive
- Required sale details disclosed: broker, proposed sale date, quantity, and acquisition history are provided.
- Recent insider sales disclosed: multiple prior three-month sales and gross proceeds are listed, increasing transparency.
Negative
- Incomplete contact/issuer fields appear blank in the provided extract, reducing verifiability.
- Apparent timing discrepancy: an acquisition date (09/27/2025) listed for shares to be sold is after a reported sale on 09/02/2025 in the past-three-months table; this should be reconciled.
Insights
TL;DR: Insider intends to sell a small block of RSI common shares; recent sales are disclosed and appear routine relative to shares outstanding.
The filing documents a proposed sale of 30,000 common shares on 10/01/2025 via Merrill Lynch and provides acquisition dates and quantities for the securities being sold. The filing also discloses multiple insider sales in the prior three months totaling 110,000 shares with associated gross proceeds. Relative to the 94,555,182 shares outstanding noted in the form, the proposed sale and recent transactions represent a very small proportion of the float, suggesting limited market impact. The filing lacks full issuer identification and some contact fields in the provided excerpt, which reduces completeness for third-party verification.
TL;DR: The notice supplies required sales and acquisition data but contains timing details that warrant attention for completeness.
The Form 144 includes the broker, proposed sale date, size, and acquisition history for the shares to be sold, fulfilling key disclosure elements. The document shows several recent sales by the same person in the prior three months with gross proceeds for each transaction. Notably, one acquisition date (09/27/2025) listed for shares to be sold post-dates an earlier reported sale (09/02/2025) in the prior-sales table within the provided content; this timing discrepancy should be reconciled in the full filing record. Several filer/issuer identification fields appear blank in the excerpt, which is relevant for regulatory completeness and verification.