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  4. [144] Rush Street Interactive, Inc. SEC Filing

RSI (RSI) holder plans 166,666-share sale and details recent 10b5-1 trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of RSI, acting through Morgan Stanley Smith Barney LLC Executive Financial Services, has filed to sell 166,666 shares of common stock that are described as Founders Shares. The filing lists an aggregate market value of approximately $4,484,982.06 for these shares and notes 115,626,347 shares of common stock outstanding, with the stock listed on the NYSE.

The disclosure also details recent sales under 10b5-1 trading plans by related trusts. On 07/01/2026, three trusts sold 55,556, 55,556, and 47,222 shares of common stock for proceeds of $1,734,169.43, $1,734,169.43, and $1,474,025.29, respectively. On 06/01/2026, these same trusts sold identical share amounts for proceeds of $1,420,989.15, $1,420,989.15, and $1,207,825.43, respectively.

Positive

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Negative

  • None.
Shares proposed for sale 166,666 shares Common stock described as Founders Shares to be sold under Form 144
Market value of proposed sale $4,484,982.06 Aggregate market value of 166,666 common shares
Shares outstanding 115,626,347 shares Common shares outstanding as referenced in the filing
10b5-1 sale 07/01/2026 (Gift Trust) 55,556 shares; $1,734,169.43 RICHARD T SCHWARTZ 2024 GIFT TRUST sale of common stock
10b5-1 sale 07/01/2026 (Second Gift Trust) 55,556 shares; $1,734,169.43 LORI R SCHWARTZ 2025 GIFT TRUST sale of common stock
10b5-1 sale 07/01/2026 (Revocable Trust) 47,222 shares; $1,474,025.29 RICHARD T SCHWARTZ REVOCABLE TRUST sale of common stock
10b5-1 sale 06/01/2026 (Gift Trust) 55,556 shares; $1,420,989.15 RICHARD T SCHWARTZ 2024 GIFT TRUST sale of common stock
10b5-1 sale 06/01/2026 (Revocable Trust) 47,222 shares; $1,207,825.43 RICHARD T SCHWARTZ REVOCABLE TRUST sale of common stock
10b5-1 financial
"10b5-1 Sales for RICHARD T SCHWARTZ 2024 GIFT TRUST 900 N. Michigan Avenue"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Founders Shares financial
"Common | 12/29/2020 | Founders Shares | Issuer"
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.
Revocable Trust financial
"10b5-1 Sales for RICHARD T SCHWARTZ REVOCABLE TRUST 900 N. Michigan"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Form 144 filing for RSI disclose?
The Form 144 discloses a planned sale of 166,666 common shares of RSI, described as Founders Shares, with an indicated market value of $4,484,982.06, and notes that 115,626,347 shares are outstanding.

How many RSI shares are proposed to be sold under this Form 144?
The filing indicates a proposed sale of 166,666 shares of RSI common stock. These shares are identified as Founders Shares and are held through Morgan Stanley Smith Barney LLC Executive Financial Services.

What recent 10b5-1 plan sales of RSI stock are reported?
The filing lists 10b5-1 sales on 06/01/2026 and 07/01/2026 by several Schwartz-related trusts, each date totaling three transactions of 55,556, 55,556, and 47,222 shares of RSI common stock.

What proceeds were generated from recent RSI 10b5-1 sales?
On 07/01/2026, the three reported 10b5-1 sales generated $1,734,169.43, $1,734,169.43, and $1,474,025.29. On 06/01/2026, the corresponding sales generated $1,420,989.15, $1,420,989.15, and $1,207,825.43.

Who are the entities selling RSI shares under 10b5-1 plans?
The reported 10b5-1 sales involve the RICHARD T SCHWARTZ 2024 GIFT TRUST, the LORI R SCHWARTZ 2025 GIFT TRUST, and the RICHARD T SCHWARTZ REVOCABLE TRUST, each selling RSI common shares on the noted dates.

On which exchange is RSI’s common stock listed according to the filing?
The filing states that RSI’s common stock is listed on the NYSE. This exchange designation applies to the common shares involved in the proposed sale and recent 10b5-1 transactions.

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

Source: View Original Filing on SEC EDGAR