Rush Street COO sells 20,000 shares under plan
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.
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.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $22.0722 | $441K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares were sold pursuant to a 10b5-1 plan.
- F2. 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
open-market sale financial
indirect ownership financial
FAQ
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What insider transaction did Rush Street Interactive (RSI) report?
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Does the Form 4 show any derivative securities for the RSI COO?
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