Rush Street Interactive officer plans $611K sale
Rhea-AI Filing Summary
Rush Street Interactive, Inc. (RSI) had a notice filed under Rule 144 on behalf of officer Kyle Sauers covering a proposed sale of 23,000 shares of Class A common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $610,880 as of September 3, 2026.
The notice also reports that Sauers previously sold 23,000 shares of Class A stock in each of June 3, 2026 ($585,120), July 6, 2026 ($725,190), and August 3, 2026 ($612,950), and that the shares to be sold originate from restricted stock vesting transactions in September 2024 and January 2025.
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Key Figures
Shares to be sold under Rule 144: 23,000 shares
Aggregate market value of planned sale: $610,880
Restricted stock vesting September 27, 2024: 12,463 shares
+4 more
7 metrics
Shares to be sold under Rule 144
23,000 shares
Planned sale of Rush Street Interactive Class A stock through Fidelity on NYSE
Aggregate market value of planned sale
$610,880
Value of 23,000 Class A shares as of September 3, 2026
Restricted stock vesting September 27, 2024
12,463 shares
Compensation-related restricted stock vesting from issuer
Restricted stock vesting January 7, 2025
10,537 shares
Compensation-related restricted stock vesting from issuer
Sale on June 3, 2026
23,000 shares for $585,120
Class A shares sold by Kyle Sauers during past three months
Sale on July 6, 2026
23,000 shares for $725,190
Class A shares sold by Kyle Sauers during past three months
Sale on August 3, 2026
23,000 shares for $612,950
Class A shares sold by Kyle Sauers during past three months
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, aggregate market value
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Class A | 09/27/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Kyle Sauers"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
aggregate market value financial
"Class A | Fidelity Brokerage Services LLC ... | 23000 | 610880.00"
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.
FAQ
What does the Form 144 filing disclose for Rush Street Interactive (RSI)?
The filing discloses that officer Kyle Sauers plans to sell 23,000 shares of Rush Street Interactive Class A common stock under Rule 144 through Fidelity Brokerage Services LLC, with an aggregate market value of $610,880 as of September 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.