Rush Street Interactive (NYSE: RSI) CEO sells 247K shares

Rhea-AI Filing Summary

Rush Street Interactive Chief Executive Officer Richard Todd Schwartz sold 247,114 shares of Class A common stock in an open-market transaction at a weighted average price of $16.8151 per share. The sale on February 17, 2026 was executed under a Rule 10b5-1 trading plan. After this transaction, he directly holds 701,934 shares.

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

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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).

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^*

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)
02/17/2026

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	02/17/2026		S(1)		247,114	D	$16.8151(2)	701,934	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. Shares were sold pursuant to a 10b5-1 Plan.

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $16.09 to $17.06 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.

Remarks:

	/s/ Kyle Sauers as Attorney-in-fact	02/19/2026
	** 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.

FAQ

What did RSI CEO Richard Todd Schwartz report on this Form 4?

RSI CEO Richard Todd Schwartz reported an open-market sale of 247,114 shares of Class A common stock. The transaction used a weighted average sale price of $16.8151 per share and was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

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

The CEO sold 247,114 shares of Rush Street Interactive Class A common stock. These shares were sold in multiple transactions at prices ranging from $16.09 to $17.06 per share, resulting in a weighted average sale price reported on the Form 4.

At what price were the RSI shares sold by the CEO?

The reported weighted average sale price for the CEO’s transaction was $16.8151 per share. Individual trades occurred in a price range from $16.09 to $17.06 per share, as disclosed, with detailed breakdowns available upon request from the company or regulators.

How many RSI shares does the CEO hold after this reported sale?

Following the reported sale, the CEO directly holds 701,934 shares of Rush Street Interactive Class A common stock. This post-transaction ownership figure reflects the remaining stake after selling 247,114 shares in the open market pursuant to a Rule 10b5-1 trading plan.

Was the RSI CEO’s stock sale under a Rule 10b5-1 trading plan?

Yes, the filing states the shares were sold pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to pre-arrange trades according to set instructions, helping separate personal trading decisions from access to material nonpublic information.

What is the significance of the weighted average price in this RSI Form 4?

The Form 4 discloses a weighted average price of $16.8151 because the 247,114 shares were sold in multiple trades. Actual sale prices ranged from $16.09 to $17.06, and the reporting person offers to provide detailed trade-by-trade pricing information upon request.