Rush Street Interactive insider files to sell 193,905 shares ($3,529,477)

Rhea-AI Filing Summary

Rush Street Interactive, Inc. insider transactions notice shows a proposed sale of 193,905 common shares to be executed through Merrill Lynch on 10/08/2025 with an aggregate market value listed at $3,529,477. The filing discloses two equity awards that supplied the shares: 69,799 shares from an award dated 09/29/2025 and 124,107 shares from an award dated 04/01/2024, both noted as paid in cash. The filer, identified as Richard Schwartz, also reported multiple prior open-market sales within the past three months on dates from 07/08/2025 through 09/09/2025, totaling 581,715 shares sold for aggregate proceeds of approximately $10,259,573 based on the reported gross proceeds. The notice includes the customary signature representation that the seller is not aware of undisclosed material adverse information.

Positive

• Filer disclosed acquisition dates and award amounts (124,107 on 04/01/2024 and 69,799 on 09/29/2025)
• Planned sale properly reported via Form 144 with broker and exchange identified (Merrill Lynch, NYSE), supporting regulatory transparency

Negative

• Substantial insider selling activity: 581,715 shares reported sold in the past three months, which may increase share supply
• Proposed sale of 193,905 shares on 10/08/2025 valued at $3,529,477, which could exert near-term downward pressure if executed on market

Insights

Corporate Insider Transactions Analyst

Planned sale by an insider after multiple recent disposals; material to short-term supply.

The filing records a proposed sale of 193,905 shares on 10/08/2025 and lists recent open-market sales by the same person totaling 581,715 shares across five trades. Large, sequential insider sales can increase available float and add selling pressure in the near term if executed on market.

Dependencies include actual execution timing and whether sales are part of a pre-arranged plan; the filing affirms the signer does not possess undisclosed material information. Watch trading notices and market volume over the coming days for observable price impact.

Equity Compensation Specialist

Equity awards supplied shares for sale; two award dates and amounts are disclosed.

The table shows shares acquired via equity awards: 124,107 on 04/01/2024 and 69,799 on 09/29/2025, with payment indicated as cash. This documents the provenance of the securities being offered and satisfies disclosure of acquisition dates and amounts.

Key items to monitor are additional filings that would show whether future awards are subject to similar dispositions and any planned-trading statements that would clarify execution mechanics within Rule 144 compliance timelines.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	Merrill Lynch, Pierce, Fenner & Smith Inc. 1 Town Center Road 9th floor Boca Raton FL 33486	193905	3529477	94555182	10/08/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common	09/29/2025	equity award	Richard Schwartz			69799	09/27/2025	cash
common	04/01/2024	equity award	Richard Schwartz			124107	04/01/2024	cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Richard Schwartz 900 N. MICHIGAN AVENUE SUITE 950 Chicago IL 60611	common	09/09/2025	57167	1192972
Richard Schwartz 900 N. MICHIGAN AVENUE SUITE 950 Chicago IL 60611	common	09/08/2025	136738	2854597
Richard Schwartz 900 N. MICHIGAN AVENUE SUITE 950 Chicago IL 60611	common	08/11/2025	100000	1861900
Richard Schwartz 900 N. MICHIGAN AVENUE SUITE 950 Chicago IL 60611	common	08/08/2025	93905	1752906
Richard Schwartz 900 N. MICHIGAN AVENUE SUITE 950 Chicago IL 60611	common	07/08/2025	193905	2984198

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Rush Street Interactive (RSI) announce?

It announces a proposed sale of 193,905 common shares through Merrill Lynch on 10/08/2025 with an aggregate market value of $3,529,477.

Who is the reported seller in the RSI Form 144?

The seller is reported as Richard Schwartz, with the filing listing his prior sales and the source of the shares.

How many shares did the filer sell in the past three months?

The filing lists five sales totaling 581,715 shares between 07/08/2025 and 09/09/2025 for aggregate gross proceeds of about $10,259,573.

What were the sources of the securities offered for sale?

Two equity awards are disclosed as the source: 124,107 shares acquired 04/01/2024 and 69,799 shares acquired 09/29/2025, with payment noted as cash.

Which broker and exchange are named for the proposed sale?

The broker is Merrill Lynch, Pierce, Fenner & Smith Inc. and the exchange indicated is the NYSE.