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[Form 4] Rush Street Interactive, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Rush Street Interactive (RSI) reported insider transactions by its Chief Executive Officer and Director. On 10/08/2025, the reporting person sold 96,918 Class A shares at a weighted average price of $18.2019. On 10/09/2025, they sold an additional 96,987 Class A shares at a weighted average price of $18.7879. These sales were made pursuant to a Rule 10b5-1 trading plan dated August 16, 2024.

Following the transactions, beneficial ownership was 671,134 shares after the first sale and 574,147 shares after the second sale, held directly.

Positive

  • None.

Negative

  • None.

Insights

Routine 10b5-1 plan sales; neutral signal from a compliance view.

The CEO/Director of Rush Street Interactive disclosed two open-market sales on 10/08/2025 and 10/09/2025, totaling two transactions, executed under a pre-established Rule 10b5-1 plan dated August 16, 2024. Reported weighted average prices were $18.2019 and $18.7879.

After these trades, reported direct holdings were 671,134 shares post the first sale and 574,147 shares post the second. Such plan-based sales are administrative disclosures and do not, by themselves, indicate a change in company outlook.

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*
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)
10/08/2025
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 10/08/2025 S(1) 96,918 D $18.2019(2) 671,134 D
Class A Common Stock 10/09/2025 S(1) 96,987 D $18.7879(3) 574,147 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 dated August 16, 2024.
2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.92 to $18.32 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.
3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.25 to $19.063 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 10/10/2025
** 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

How many RSI shares did the CEO sell on 10/08/2025?

The CEO sold 96,918 Class A shares at a weighted average price of $18.2019.

How many RSI shares did the CEO sell on 10/09/2025?

The CEO sold 96,987 Class A shares at a weighted average price of $18.7879.

Were the RSI insider sales under a 10b5-1 plan?

Yes. The transactions were made pursuant to a Rule 10b5-1 plan dated August 16, 2024.

What are the CEO’s RSI holdings after these transactions?

Beneficial ownership was 671,134 shares after the first sale and 574,147 shares after the second sale.

What roles does the reporting person hold at RSI?

The reporting person is a Director and serves as Chief Executive Officer.

What form reported these RSI insider transactions?

The transactions were disclosed on Form 4 under Section 16.
Rush Street Interactive Inc

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