Rush Street Interactive (RSI) COO sells 20,000 shares in 10b5-1 plan trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rush Street Interactive, Inc. Chief Operating Officer Mattias Stetz sold 20,000 shares of Class A common stock in an open-market transaction at a weighted average price of $22.0722 per share. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan.
After this transaction, Stetz directly holds 237,874 shares of Class A common stock. In addition, 125,448 shares are reported as held indirectly through his spouse, giving investors a clearer picture of his remaining economic exposure to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($441,444)
Net Sell
2 txns
Insider
STETZ MATTIAS
Role
Chief Operating Officer
Sold
20,000 shs ($441K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $22.0722 | $441K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 237,874 shares (Direct);
Class A Common Stock — 125,448 shares (Indirect, By Spouse)
Footnotes (1)
- 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 $21.74 to $22.32 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.
Key Figures
Shares sold: 20,000 shares
Average sale price: $22.0722 per share
Price range: $21.74–$22.32 per share
+3 more
6 metrics
Shares sold
20,000 shares
Open-market sale of Class A common stock on 2026-04-01
Average sale price
$22.0722 per share
Weighted average price for 20,000-share sale
Price range
$21.74–$22.32 per share
Range of individual trade prices in the sale
Direct holdings after sale
237,874 shares
Class A common stock held directly by COO post-transaction
Indirect holdings (spouse)
125,448 shares
Class A common stock held indirectly through spouse
Net shares sold
20,000 shares
Net change from reported buy/sell activity in this filing
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"Shares were sold pursuant to a 10b5-1 plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"total_shares_following_transaction: 125448.0000, nature_of_ownership: By Spouse"
FAQ
What insider transaction did Rush Street Interactive (RSI) report?
Rush Street Interactive reported that COO Mattias Stetz sold 20,000 Class A common shares. The open-market sale occurred at a weighted average price of $22.0722 per share, under a pre-arranged Rule 10b5-1 trading plan disclosed in the filing’s footnotes.
Was the RSI insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the 20,000 shares were sold pursuant to a Rule 10b5-1 trading plan. Such plans are pre-arranged programs allowing insiders to sell shares according to preset instructions, helping separate routine liquidity from opportunistic trading.
Does the Form 4 show any derivative securities for the RSI COO?
No derivative positions are listed for COO Mattias Stetz in this Form 4. The derivative summary section is empty, indicating the reported activity relates only to Class A common stock, with no options or other derivative securities shown in this particular filing.