RSI (NYSE: RSI) insider Richard T. Schwartz files to sell 55,556 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Richard T. Schwartz filed a notice to sell 55,556 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC on or about January 9, 2026 on the NYSE, with an aggregate market value of $1,065,008.52. These shares are described as founder shares acquired from the issuer on December 29, 2020.
The notice also lists recent activity under a Rule 10b5-1 trading plan, showing common stock sales during the prior three months: 59,757 shares on December 9, 2025 for gross proceeds of $1,124,668.57, 134,148 shares on December 8, 2025 for $2,464,499.98, 72,446 shares on November 11, 2025 for $1,261,176.19, and 121,459 shares on November 10, 2025 for $2,127,730.91. The issuer reports 97,911,941 shares outstanding.
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FAQ
What does the Form 144 filing for RSI disclose about Richard T. Schwartz?
The filing shows that Richard T. Schwartz plans to sell 55,556 shares of common stock under Rule 144. These are founder shares that he acquired from the issuer on December 29, 2020.
What is Rule 10b5-1’s role in the RSI insider’s recent stock sales?
The past three months of RSI stock sales disclosed in the notice are identified as 10b5-1 sales for Richard T. Schwartz, indicating they were made under a pre-established trading plan.