STOCK TITAN

Rush Street Interactive (RSI) CEO sells 247,114 shares in 10b5-1 stock plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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 SCHWARTZ RICHARD TODD
Role Chief Executive Officer
Sold 247,114 shs ($4.35M)
Type Security Shares Price Value
Sale Class A Common Stock 247,114 $17.6134 $4.35M
Holdings After Transaction: Class A Common Stock — 949,048 shares (Direct)
Footnotes (1)
  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 $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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SCHWARTZ RICHARD TODD

(Last) (First) (Middle)
C/O RUSH STREET INTERACTIVE, INC.
900 N. MICHIGAN AVENUE, SUITE 950

(Street)
CHICAGO IL 60611

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rush Street Interactive, Inc. [ RSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/04/2026 S(1) 247,114 D $17.6134(2) 949,048 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were sold pursuant to a 10b5-1 Plan.
2. 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.
Remarks:
/s/ Kyle Sauers as Attorney-in-fact 02/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did RSI CEO Richard Todd Schwartz report?

Richard Todd Schwartz reported selling 247,114 shares of Rush Street Interactive Class A common stock. The sale occurred on February 4, 2026 at a weighted average price of $17.6134 per share and was executed under a pre-arranged Rule 10b5-1 trading plan.

How many Rush Street Interactive (RSI) shares does the CEO hold after this sale?

After the reported transaction, Richard Todd Schwartz directly beneficially owned 949,048 shares of Rush Street Interactive Class A common stock. This figure reflects his holdings immediately following the February 4, 2026 sale disclosed in the Form 4 insider trading report.

At what price did the RSI CEO’s shares sell in the February 2026 transaction?

The reported weighted average sale price was $17.6134 per share. Footnotes explain that the 247,114 shares were sold in multiple transactions at prices ranging from $16.99 to $18.36 per share, with detailed breakdowns available on request from the company or regulators.

Was the Rush Street Interactive CEO’s stock sale part of a 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to pre-schedule trades when they are not aware of material nonpublic information, helping separate routine liquidity events from information-based trading concerns.

What type of security did Richard Todd Schwartz sell in this Form 4?

The transaction involved Rush Street Interactive’s Class A common stock. According to the Form 4, 247,114 Class A shares were sold on February 4, 2026, and Schwartz’s resulting direct beneficial ownership stood at 949,048 Class A common shares after the sale.

What does the price range in the RSI CEO’s Form 4 footnote mean?

The filing notes that shares were sold in multiple trades between $16.99 and $18.36 per share, with $17.6134 reported as a weighted average. The CEO undertakes to provide full trade-by-trade details, including share counts at each price, to the issuer, shareholders, or SEC staff upon request.