[Form 4] Rush Street Interactive, Inc. Insider Trading Activity
Rush Street Interactive insider transactions by CFO Kyle Sauers: The Form 4 shows the CFO disposed of shares of Class A common stock in two reported transactions. A block of 19,725 shares was withheld by the company to satisfy tax withholding related to vested restricted stock units and is explicitly noted as not a sale. A separate sale of 15,038 shares was executed under an existing 10b5-1 trading plan. After these transactions the reporting person beneficially owned 418,651 shares directly and 4,700 shares indirectly through a child. The reported sale prices were $21.72 (withholding valuation) and $22.34 (10b5-1 sale).
Operazioni di insider di Rush Street Interactive da parte del CFO Kyle Sauers: Il modulo 4 mostra che il CFO ha disposto di azioni ordinarie di Classe A in due operazioni riportate. Un blocco di 19.725 azioni è stato trattenuto dall'azienda per soddisfare la ritenuta fiscale relativa a unità di azioni restrittive vestite ed è esplicitamente indicato come non una vendita. Una vendita separata di 15.038 azioni è stata eseguita nell'ambito di un piano di trading 10b5-1 esistente. Dopo queste operazioni la persona riportata detiene beneficiariamente 418.651 azioni direttamente e 4.700 azioni indirettamente tramite una controllata. I prezzi di vendita riportati sono $21.72 (valutazione per ritenuta) e $22.34 (vendita 10b5-1).
Transacciones internas de Rush Street Interactive por el director financiero Kyle Sauers: El Formulario 4 muestra que el CFO dispuso de acciones ordinarias de Clase A en dos operaciones reportadas. Un bloque de 19,725 acciones fue retenido por la empresa para satisfacer la retención de impuestos relacionada con unidades de acciones restringidas vestidas y se señala explícitamente como no es una venta. Una venta separada de 15,038 acciones se realizó bajo un plan de negociación 10b5-1 existente. Después de estas transacciones la persona reportada posee beneficiosamente 418,651 acciones directamente y 4,700 acciones indirectamente a través de una filial. Los precios de venta reportados fueron $21.72 (valoración de la retención) y $22.34 (venta 10b5-1).
Rush Street Interactive의 내부자 거래 — CFO Kyle Sauers: Form 4에 따르면 CFO는 두 건의 보고된 거래에서 일반 주식 Class A를 처분했습니다. 19,725주가 세금 원천징수를 충족하기 위해 회사에 의해 보류되었으며 매각 아님으로 명시되어 있습니다. 기존의 10b5-1 거래 계획에 따라 15,038주가 별도로 매각되었습니다. 이 거래들 이후 보고 대상자는 직접적으로 418,651주를 보유하고 있고 자회사를 통해 4,700주를 간접 보유하고 있습니다. 보고된 매각 가격은 $21.72 (보류 평가)와 $22.34 (10b5-1 매각)입니다.
Transactions d'initiés de Rush Street Interactive par le directeur financier Kyle Sauers : Le formulaire 4 montre que le directeur financier a cédé des actions ordinaires de classe A dans deux transactions signalées. Un bloc de 19 725 actions a été retenu par la société pour satisfaire à la retenue d'impôt liée aux unités d'actions restreintes acquises et est explicitement indiqué comme pas une vente. Une vente distincte de 15 038 actions a été exécutée dans le cadre d'un plan de trading 10b5-1 existant. Après ces transactions, la personne déclarant détenait de manière bénéficiaire 418 651 actions directement et 4 700 via une filiale. Les prix de vente signalés étaient $21.72 (valorisation de la retenue) et $22.34 (vente 10b5-1).
Interne Transaktionen bei Rush Street Interactive durch CFO Kyle Sauers: Das Formular 4 zeigt, dass der CFO Aktien der Klasse-A in zwei gemeldeten Transaktionen veräußert hat. Ein Block von 19.725 Aktien wurde vom Unternehmen einbehalten, um die Steuerabzugsvorschriften im Zusammenhang mit vesteten Restricted Stock Units zu erfüllen, und wird ausdrücklich als kein Verkauf bezeichnet. Ein separater Verkauf von 15.038 Aktien wurde gemäß einem bestehenden 10b5-1-Handelsplan durchgeführt. Nach diesen Transaktionen war die meldende Person direkt 418.651 Aktien und indirekt über eine Tochter 4.700 Aktien im Eigentum. Die gemeldeten Verkaufspreise waren $21.72 (Versteuerungsbewertung) und $22.34 (Verkauf nach 10b5-1).
صفقات داخلية لـ Rush Street Interactive من قبل المدير المالي كايل ساورس: يظهر النموذج 4 أن المدير المالي قام بالتخلص من أسهم من الفئة A في عمليتين مُبلّغ عنهما. تم حجز كتلة من 19,725 سهماً من قبل الشركة لتلبية احتجاز الضرائب المرتبط بوحدات الأسهم المقيدة المحققة، ويشار إليها صراحة بأنها ليس بيعاً. تم تنفيذ بيع منفصل لـ 15,038 سهماً بموجب خطة تداول 10b5-1 قائمة. بعد هذه المعاملات، امتلك الشخص المُبلغ عنه بشكل مفيد 418,651 سهماً بشكل مباشر و< b>4,700 سهماً بشكل غير مباشر عبر فرع. الأسعار المعلنة للبيع كانت $21.72 (تقييم الاحتجاز) و$22.34 (بيع 10b5-1).
Rush Street Interactive 的 CFO Kyle Sauers 的内部交易： Form 4 显示 CFO 以两笔交易处置了 A 类普通股。公司出于满足已归属的限制性股票单位的税收扣缴而保留了 19,725 股，此事被明确标注为 不是出售。另外一次独立的 15,038 股处置是在现有 10b5-1 交易计划 下执行的。交易结束后，报告人直接持有 418,651 股，及通过子公司间接持有 4,700 股。披露的卖出价格分别为 $21.72（扣税评估）和 $22.34（10b5-1 交易出售）。
- Clear disclosure separating tax-withheld RSU shares from market sales
- Use of a 10b5-1 plan indicates pre-arranged, rule-compliant selling activity
- Detailed post-transaction ownership provided, including direct and indirect holdings
- Reduction in direct holdings by 34,763 shares following withholding and sale
- Material sale amount (15,038 shares) could be perceived negatively by some investors
Insights
TL;DR: Insider sold a modest portion of holdings under a pre-established plan; tax-related withholding reduced share count but was not a market sale.
The transactions reduce the CFO's direct stake by 34,763 shares in total, reflecting routine post-vesting tax withholding and a programmed sale under a 10b5-1 plan. The sale price of $22.34 provides a concrete realized price for that tranche; withheld shares were valued at $21.72 for tax remittance and are not market dispositions. For investors this is a routine insider liquidity event rather than an ad hoc disposition, given the documented 10b5-1 plan and the explicit withholding explanation.
TL;DR: Disclosure is clear and follows standard governance practices by identifying tax withholding and the pre-arranged 10b5-1 sale.
The filing differentiates between withheld shares for tax obligations and shares sold under a dated 10b5-1 plan, which supports compliance with insider trading policies. The reporting as a single reporting person and the inclusion of indirect holdings (through a child) enhance transparency. No indications of unusual or unexplained trading activity are present in the document.
Operazioni di insider di Rush Street Interactive da parte del CFO Kyle Sauers: Il modulo 4 mostra che il CFO ha disposto di azioni ordinarie di Classe A in due operazioni riportate. Un blocco di 19.725 azioni è stato trattenuto dall'azienda per soddisfare la ritenuta fiscale relativa a unità di azioni restrittive vestite ed è esplicitamente indicato come non una vendita. Una vendita separata di 15.038 azioni è stata eseguita nell'ambito di un piano di trading 10b5-1 esistente. Dopo queste operazioni la persona riportata detiene beneficiariamente 418.651 azioni direttamente e 4.700 azioni indirettamente tramite una controllata. I prezzi di vendita riportati sono $21.72 (valutazione per ritenuta) e $22.34 (vendita 10b5-1).
Transacciones internas de Rush Street Interactive por el director financiero Kyle Sauers: El Formulario 4 muestra que el CFO dispuso de acciones ordinarias de Clase A en dos operaciones reportadas. Un bloque de 19,725 acciones fue retenido por la empresa para satisfacer la retención de impuestos relacionada con unidades de acciones restringidas vestidas y se señala explícitamente como no es una venta. Una venta separada de 15,038 acciones se realizó bajo un plan de negociación 10b5-1 existente. Después de estas transacciones la persona reportada posee beneficiosamente 418,651 acciones directamente y 4,700 acciones indirectamente a través de una filial. Los precios de venta reportados fueron $21.72 (valoración de la retención) y $22.34 (venta 10b5-1).
Rush Street Interactive의 내부자 거래 — CFO Kyle Sauers: Form 4에 따르면 CFO는 두 건의 보고된 거래에서 일반 주식 Class A를 처분했습니다. 19,725주가 세금 원천징수를 충족하기 위해 회사에 의해 보류되었으며 매각 아님으로 명시되어 있습니다. 기존의 10b5-1 거래 계획에 따라 15,038주가 별도로 매각되었습니다. 이 거래들 이후 보고 대상자는 직접적으로 418,651주를 보유하고 있고 자회사를 통해 4,700주를 간접 보유하고 있습니다. 보고된 매각 가격은 $21.72 (보류 평가)와 $22.34 (10b5-1 매각)입니다.
Transactions d'initiés de Rush Street Interactive par le directeur financier Kyle Sauers : Le formulaire 4 montre que le directeur financier a cédé des actions ordinaires de classe A dans deux transactions signalées. Un bloc de 19 725 actions a été retenu par la société pour satisfaire à la retenue d'impôt liée aux unités d'actions restreintes acquises et est explicitement indiqué comme pas une vente. Une vente distincte de 15 038 actions a été exécutée dans le cadre d'un plan de trading 10b5-1 existant. Après ces transactions, la personne déclarant détenait de manière bénéficiaire 418 651 actions directement et 4 700 via une filiale. Les prix de vente signalés étaient $21.72 (valorisation de la retenue) et $22.34 (vente 10b5-1).
Interne Transaktionen bei Rush Street Interactive durch CFO Kyle Sauers: Das Formular 4 zeigt, dass der CFO Aktien der Klasse-A in zwei gemeldeten Transaktionen veräußert hat. Ein Block von 19.725 Aktien wurde vom Unternehmen einbehalten, um die Steuerabzugsvorschriften im Zusammenhang mit vesteten Restricted Stock Units zu erfüllen, und wird ausdrücklich als kein Verkauf bezeichnet. Ein separater Verkauf von 15.038 Aktien wurde gemäß einem bestehenden 10b5-1-Handelsplan durchgeführt. Nach diesen Transaktionen war die meldende Person direkt 418.651 Aktien und indirekt über eine Tochter 4.700 Aktien im Eigentum. Die gemeldeten Verkaufspreise waren $21.72 (Versteuerungsbewertung) und $22.34 (Verkauf nach 10b5-1).
FAQ
What transactions did Kyle Sauers report on the Form 4 for RSI?
Were any shares withheld rather than sold in the reported transactions?
At what prices were the withheld shares and sold shares recorded?
How many shares does the reporting person beneficially own after these transactions?
Was the sale part of a pre-established trading arrangement?
