RSI (RSI) insider files to sell 47,223 common shares via Rule 144
Rhea-AI Filing Summary
Richard T. Schwartz filed a notice of proposed sale of 47,223 shares of common stock of the issuer under Rule 144. The planned sale has an aggregate market value of $905,264.91, to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE, with an approximate sale date of January 9, 2026. The filing notes that 97,911,941 shares of this class of stock are outstanding.
The shares to be sold were acquired as founder shares from the issuer on December 29, 2020, in the same amount of 47,223 shares. The notice also lists recent activity under a Rule 10b5-1 trading plan for Richard T. Schwartz over the prior three months, including sales of 59,757, 134,148, 72,446, and 121,459 common shares on various dates in November and December 2025, with corresponding gross proceeds ranging from about $1.12 million to $2.46 million.
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FAQ
What does the latest Form 144 filing for RSI disclose?
The filing discloses that Richard T. Schwartz plans to sell up to 47,223 shares of the issuer’s common stock under Rule 144, using a broker to execute the trades on the NYSE.
How many RSI shares are proposed to be sold and what is their market value?
The notice covers a proposed sale of 47,223 common shares with an aggregate market value of $905,264.91 as stated in the document.
Which broker will handle the Rule 144 sale for RSI shares?
The planned sale will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
When were the RSI shares to be sold originally acquired and in what form?
The 47,223 shares to be sold were acquired on December 29, 2020 as founder shares from the issuer, with the full amount obtained on that date.
How many RSI shares are outstanding according to this Form 144?
The filing states that there are 97,911,941 shares of the issuer’s common stock outstanding for the class referenced in the proposed sale.
What recent 10b5-1 plan sales by Richard T. Schwartz are listed in the filing?
The document lists recent Rule 10b5-1 sales of common stock for Richard T. Schwartz, including 59,757 shares on December 9, 2025, 134,148 shares on December 8, 2025, 72,446 shares on November 11, 2025, and 121,459 shares on November 10, 2025, with gross proceeds for each transaction also disclosed.
On which exchange are the RSI shares in this Form 144 expected to be sold?
The planned sale of 47,223 common shares referenced in the Form 144 is expected to take place on the NYSE, as stated in the securities information section.