Rush Street CEO sells 247K shares under 10b5-1 plan
Rush Street Interactive, Inc. Chief Executive Officer and director Richard Todd Schwartz reported selling 247,114 shares of Class A common stock on February 4, 2026.
Rhea-AI Filing Summary
Rush Street Interactive, Inc. Chief Executive Officer and director Richard Todd Schwartz reported selling 247,114 shares of Class A common stock on February 4, 2026. The shares were sold at a weighted average price of $17.6134 per share under a pre-arranged Rule 10b5-1 trading plan.
After this transaction, Schwartz directly beneficially owned 949,048 shares of Class A common stock. A 10b5-1 plan allows insiders to schedule trades in advance, providing a structured way to sell shares over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 247,114 | $17.6134 | $4.35M |
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 $16.99 to $18.36 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RSI CEO Richard Todd Schwartz report?
Was the Rush Street Interactive CEO’s stock sale part of a 10b5-1 plan?
What type of security did Richard Todd Schwartz sell in this Form 4?
What does the price range in the RSI CEO’s Form 4 footnote mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.