Rush Street Interactive (RSI) director-linked trust sells 50K RSI shares

Rhea-AI Filing Summary

Rush Street Interactive director Judith Gold reported a series of related transactions involving securities held through the Daniel S. Kotcher Revocable Trust, an entity for which her spouse serves as trustee and exercises sole voting and investment control. On April 29, 2026, her spouse exchanged 50,000 Class A Common Units of Rush Street Interactive, L.P. for 50,000 shares of the company’s Class A Common Stock, and an equivalent 50,000 shares of Class V Voting Stock were canceled in connection with the exchange.

That same day, the trust sold 50,000 Class A Common Stock shares in open‑market transactions at a weighted average price of $27.5818 per share under a pre‑arranged Rule 10b5‑1 trading plan, with individual sale prices ranging from $26.51 to $28.25. Following these moves, the trust continues to hold 75,083 Class A Common Units and 75,083 shares of Class V Voting Stock, while Gold directly holds 119,597 shares of Class A Common Stock. She disclaims beneficial ownership of securities held by the trust except to the extent of her pecuniary interest.

Insights

Insider trading and governance analyst

Pre-planned trust sale and unit exchange; routine restructuring with continued exposure.

The filing shows a coordinated exchange-and-sale pattern through the Daniel S. Kotcher Revocable Trust, not a personal discretionary sale by Judith Gold. The trust converted 50,000 partnership units into 50,000 Class A shares, while canceling an equal number of Class V Voting Stock shares.

Those 50,000 Class A shares were then sold in open-market trades at a weighted average of $27.5818 per share under a Rule 10b5-1 trading plan. The trust still holds 75,083 partnership units and 75,083 Class V shares, and Gold directly holds 119,597 Class A shares, so the family maintains substantial exposure.

The presence of a pre-arranged Rule 10b5-1 plan and the continued indirect and direct holdings suggest these are largely structural and liquidity-management transactions. Future company filings covering periods after April 29, 2026 will reflect any additional exchanges or sales from the remaining 75,083 units.

Insider Trade Summary 10b5-1

Net Seller: 50,000 shares ($1,379,090)

Net Sell 5 txns

Insider GOLD JUDITH

Role null

Sold 50,000 shs ($1.38M)

Type	Security	Shares	Price	Value
Conversion	Class A Common Units of Rush Street Interactive, L.P.	50,000	$0.00	--
Conversion	Class A Common Stock	50,000	$0.00	--
Disposition	Class V Voting Stock	50,000	$0.00	--
Sale	Class A Common Stock	50,000	$27.5818	$1.38M
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Units of Rush Street Interactive, L.P. — 75,083 shares (Indirect, By Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012); Class A Common Stock — 50,000 shares (Indirect, By Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012); Class V Voting Stock — 75,083 shares (Indirect, By Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012); Class A Common Stock — 119,597 shares (Direct, null)

Footnotes (1)

1. On April 29, 2026, the reporting person's spouse exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 50,000 Class A Common Stock Units ("RSI Units") for 50,000 shares of Class A Common Stock of the Issuer, together with an equivalent number of Class V Voting Stock of the Issuer held by the reporting person's spouse being canceled. Consists of securities held by the Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012 (the "Kotcher Trust"). The reporting person is a beneficiary of the Kotcher Trust and may be deemed to have a beneficial ownership interest with respect to the securities held thereby, and the reporting person's husband, Daniel Kotcher, serves as trustee of the Kotcher Trust and exercises sole voting and investment control over such securities. The reporting person disclaims beneficial ownership of the securities held by the Kotcher Trust except to the extent of her actual pecuniary interest therein. The shares of Class V Voting Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Voting Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Voting Stock held at the time of such vote. Shares were sold pursuant to a 10b5-1 plan. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $26.51 to $28.25 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, beginning on June 29, 2021, the RSI Units beneficially owned by the reporting person may be exchanged, subject to certain conditions, for one share of Class A Common Stock of the Issuer. Upon such exchange, an equivalent number of shares of Class V Voting Stock then held by the reporting person will be canceled.

Key Figures

Shares sold: 50,000 shares Weighted average sale price: $27.5818 per share Units converted: 50,000 units +4 more

7 metrics

Shares sold 50,000 shares Class A Common Stock sold by trust on April 29, 2026

Weighted average sale price $27.5818 per share Open-market sale range $26.51–$28.25

Units converted 50,000 units Class A Common Units of RSI L.P. exchanged into Class A shares

Class V shares canceled 50,000 shares Class V Voting Stock canceled upon unit exchange

RSI L.P. units remaining 75,083 units Class A Common Units held by the trust after transactions

Class V Voting Stock remaining 75,083 shares Held by the trust after April 29, 2026 transactions

Direct Class A holdings 119,597 shares Class A Common Stock directly held by Judith Gold

Key Terms

Rule 10b5-1 plan, Class V Voting Stock, Amended and Restated Limited Partnership Agreement, derivative security, +1 more

5 terms

Rule 10b5-1 plan financial

"Shares were sold pursuant to a 10b5-1 plan."

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

Class V Voting Stock financial

"The shares of Class V Voting Stock of the Issuer provide no economic rights"

Amended and Restated Limited Partnership Agreement financial

"pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP"

derivative security financial

"Conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

pecuniary interest financial

"disclaims beneficial ownership ... except to the extent of her actual pecuniary interest"

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

X

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^*

GOLD JUDITH

(Last) (First) (Middle)

C/O RUSH STREET INTERACTIVE, INC.

900 N. MICHIGAN AVENUE, SUITE 950

(Street)

CHICAGO ILLINOIS 60611

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

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

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

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

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	04/29/2026		C		50,000	A	$0(1)	50,000	I	By Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012(2)
Class V Voting Stock	04/29/2026		D		50,000	D	$0	75,083(1)(3)	I	By Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012(2)
Class A Common Stock	04/29/2026		S(4)		50,000	D	$27.5818(5)	0	I	By Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012(2)
Class A Common Stock								119,597	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
Class A Common Units of Rush Street Interactive, L.P.	(6)	04/29/2026		C			50,000	(6)	(6)	Class A Common Stock	50,000	$0	75,083	I	By Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012(2)

Explanation of Responses:

1. On April 29, 2026, the reporting person's spouse exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 50,000 Class A Common Stock Units ("RSI Units") for 50,000 shares of Class A Common Stock of the Issuer, together with an equivalent number of Class V Voting Stock of the Issuer held by the reporting person's spouse being canceled.

2. Consists of securities held by the Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012 (the "Kotcher Trust"). The reporting person is a beneficiary of the Kotcher Trust and may be deemed to have a beneficial ownership interest with respect to the securities held thereby, and the reporting person's husband, Daniel Kotcher, serves as trustee of the Kotcher Trust and exercises sole voting and investment control over such securities. The reporting person disclaims beneficial ownership of the securities held by the Kotcher Trust except to the extent of her actual pecuniary interest therein.

3. The shares of Class V Voting Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Voting Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Voting Stock held at the time of such vote.

4. Shares were sold pursuant to a 10b5-1 plan.

5. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $26.51 to $28.25 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, beginning on June 29, 2021, the RSI Units beneficially owned by the reporting person may be exchanged, subject to certain conditions, for one share of Class A Common Stock of the Issuer. Upon such exchange, an equivalent number of shares of Class V Voting Stock then held by the reporting person will be canceled.

Remarks:

	/s/ Kyle Sauers as Attorney-in-fact	04/29/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Judith Gold report in this Rush Street Interactive (RSI) Form 4?

The filing reports an exchange of 50,000 Rush Street Interactive L.P. units for 50,000 Class A shares, cancellation of 50,000 Class V Voting Stock shares, and an open‑market sale of 50,000 Class A shares at a weighted average price of $27.5818, all on April 29, 2026.

Who actually controlled the Rush Street Interactive (RSI) shares sold in Judith Gold’s Form 4?

The securities were held by the Daniel S. Kotcher Revocable Trust. Judith Gold’s husband, Daniel Kotcher, is trustee and exercises sole voting and investment control. Gold is a beneficiary but disclaims beneficial ownership except for her pecuniary interest, so the transactions are attributed to the trust entity.

At what prices were the 50,000 Rush Street Interactive (RSI) shares sold under the Form 4?

The 50,000 Class A Common Stock shares were sold at a weighted average price of $27.5818 per share. Individual trades occurred in a range from $26.51 to $28.25 per share, executed pursuant to a pre‑arranged Rule 10b5‑1 trading plan disclosed in the footnotes.

Did the trust associated with Judith Gold retain any Rush Street Interactive (RSI) interests after these transactions?

Yes. After exchanging and selling 50,000 units/shares, the Daniel S. Kotcher Revocable Trust still holds 75,083 Class A Common Units of Rush Street Interactive, L.P. and 75,083 shares of Class V Voting Stock, preserving both economic and voting-related interests linked to the issuer’s capital structure.

How many Rush Street Interactive (RSI) shares does Judith Gold hold directly after the reported Form 4 transactions?

The Form 4 shows Judith Gold directly holding 119,597 shares of Rush Street Interactive Class A Common Stock as of April 29, 2026. These direct holdings are separate from the securities held by the Daniel S. Kotcher Revocable Trust, over which her spouse exercises sole voting and investment power.

Was the Rush Street Interactive (RSI) insider sale by the trust pre-planned under Rule 10b5-1?

Yes. The footnotes specify that the 50,000 Class A shares were sold pursuant to a Rule 10b5‑1 trading plan. Such plans are established in advance, indicating the timing and size of sales were pre‑scheduled rather than opportunistic responses to short‑term market developments.