RSI director has 3,406 shares withheld for taxes
Rush Street Interactive director reports tax-related share withholding Director Jack A. Markell reported that 3,406 shares of Rush Street Interactive Class A common stock were withheld by the company at a price of $25.42 per share.
Rhea-AI Filing Summary
Rush Street Interactive director reports tax-related share withholding
Director Jack A. Markell reported that 3,406 shares of Rush Street Interactive Class A common stock were withheld by the company at a price of $25.42 per share. The footnote explains these shares were withheld to cover income tax obligations tied to the vesting and net settlement of previously disclosed restricted stock units and do not represent an open-market sale.
After this tax-withholding disposition, Markell directly holds 17,383 shares of Class A common stock. The transaction is compensation- and tax-driven rather than a discretionary trade in the stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 3,406 | $25.42 | $87K |
Footnotes (1)
- F1. Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's previously disclosed restricted stock units and does not represent a sale by the Reporting Person.
Key Figures
Key Terms
restricted stock units financial
income tax withholding financial
net settlement financial
tax-withholding disposition financial
FAQ
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What insider transaction did Rush Street Interactive (RSI) disclose for Jack A. Markell?
Was Jack A. Markell’s Form 4 transaction in RSI stock an open-market sale?
What does the tax-withholding disposition code F mean in the RSI Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.