Rush Street Interactive (RSI) CEO reports PSU vesting and tax withholding

Rhea-AI Filing Summary

Rush Street Interactive, Inc. Chief Executive Officer and director Richard Todd Schwartz reported equity compensation activity in the company’s Class A common stock. On January 6, 2026, he acquired 1,318,300 shares through the vesting and settlement of Performance Stock Units originally granted on March 15, 2023, which were subject to performance criteria. On the same date, 576,959 shares were withheld to cover withholding taxes due upon that PSU settlement, rather than being sold in the open market. Following these transactions, Schwartz directly holds 1,196,162 shares of Class A common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SCHWARTZ RICHARD TODD

(Last) (First) (Middle)

C/O RUSH STREET INTERACTIVE, INC.

900 N. MICHIGAN AVENUE, SUITE 950

(Street)

CHICAGO IL 60611

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rush Street Interactive, Inc. [ RSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/06/2026		A		1,318,300(1)	A	$19.77	1,773,121	D
Class A Common Stock	01/06/2026		F		576,959(2)	D	$19.77	1,196,162	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the aggregate number of shares acquired by the Reporting Person upon the vesting and settlement of Performance Stock Units ("PSUs") originally granted to the Reporting Person on March 15, 2023, the vesting of which was subject to the achievement of certain performance criteria.

2. Represents shares withheld to cover withholding taxes due upon settlement of the PSUs originally granted to the Reporting Person on March 15, 2023.

Remarks:

	/s/ Kyle Sauers as Attorney-in-fact	01/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did RSI CEO Richard Todd Schwartz report?

Richard Todd Schwartz, Chief Executive Officer and director of Rush Street Interactive, Inc. (RSI), reported the vesting and settlement of Performance Stock Units into Class A common stock and related tax withholding on January 6, 2026.

How many Rush Street Interactive (RSI) shares did the CEO acquire?

Schwartz acquired 1,318,300 shares of Class A common stock, representing the aggregate number of shares issued upon vesting and settlement of Performance Stock Units granted on March 15, 2023.

Why were 576,959 RSI shares deducted in the CEO’s Form 4 filing?

The 576,959 shares shown with transaction code “F” represent shares withheld to cover withholding taxes due upon settlement of the Performance Stock Units, rather than a discretionary market sale.

How many RSI shares does the CEO own after these transactions?

After the reported transactions on January 6, 2026, Richard Todd Schwartz directly owns 1,196,162 shares of Rush Street Interactive’s Class A common stock.

What are the Performance Stock Units mentioned in the RSI Form 4?

The filing explains that the reported shares came from the vesting and settlement of Performance Stock Units (PSUs) granted on March 15, 2023, which vested only upon achievement of specified performance criteria.

Is the RSI Form 4 transaction an open-market purchase or sale?

The Form 4 shows share issuance from PSU vesting and shares withheld for taxes. It does not describe an open-market purchase or sale by the CEO.