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Rush Street Interactive trust proposes $682K share sale

The notice also gives August 15, 2025 as the Rule 10b5-1 plan adoption or instruction date.

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Form Type
144

Rhea-AI Filing Summary

Rush Street Interactive, Inc. (RSI) has a notice identifying Lori R. Schwartz 2025 Gift Trust as the account for a proposed sale of 55,555 common shares, with an aggregate market value of $682,215.40 and an approximate sale date of November 9, 2026. The form gives August 15, 2025 as the Rule 10b5-1 plan adoption or instruction date.

The prior-sales table lists 55,555 shares for this trust on October 1, 2026, for gross proceeds of $1,104,266.74, and 55,555 shares on September 1, 2026, for gross proceeds of $1,427,285.73. The form lists 114,931,862 common shares outstanding.

Proposed sale 55,555 shares Common shares; approximate sale date November 9, 2026
Aggregate market value $682,215.40 Proposed sale
Common shares outstanding 114,931,862 shares As listed in the notice
Gross proceeds $1,104,266.74 Prior sale of 55,555 shares for Lori R. Schwartz 2025 Gift Trust on October 1, 2026
Gross proceeds $1,427,285.73 Prior sale of 55,555 shares for Lori R. Schwartz 2025 Gift Trust on September 1, 2026
Rule 10b5-1 regulatory
"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.
Founders Shares technical
"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 does the notice propose to sell?

The proposed sale is 55,555 common shares, with an aggregate market value of $682,215.40 and an approximate sale date of November 9, 2026. The form gives August 15, 2025 as the Rule 10b5-1 plan adoption or instruction date.

Which broker is listed for the proposed RSI share sale?

The notice names Morgan Stanley Smith Barney LLC as the broker for the proposed sale.

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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