Rush Street Interactive Insider Sale: 35,000 Shares Disposed Under 10b5-1 Plan

Rhea-AI Filing Summary

Rush Street Interactive (RSI) — Form 4 filing for Paul Wierbicki

On 08/05/2025 Paul Wierbicki, a Director and the Chief Legal Officer, sold 35,000 shares of Class A common stock pursuant to a 10b5-1 plan dated 05/05/2025. The weighted-average sale price was $19.4533, with individual trade prices ranging from $19.248 to $19.71. After the reported transactions Mr. Wierbicki directly beneficially owns 91,705 shares.

Filing specifics:

• Transaction code: S (sale)
• Form signed by attorney-in-fact Kyle Sauers on 08/05/2025

Positive

• Sale executed under a documented 10b5-1 plan dated 05/05/2025, indicating pre-arranged trades
• Detailed disclosure of weighted-average price ($19.4533) and price range ($19.248–$19.71) plus post-transaction holdings (91,705)

Negative

• Insider disposition of 35,000 shares on 08/05/2025, reducing direct holdings
• Transaction coded S (sale), which is a disclosed reduction in insider ownership

Insights

Securities Analyst

TL;DR: Insider sale of 35,000 shares under a pre-established 10b5-1 plan; filing is a routine disclosure with limited standalone market impact.

The Form 4 discloses a sale of 35,000 Class A shares by Paul Wierbicki on 08/05/2025 under a documented 10b5-1 plan (05/05/2025). The filing provides a weighted-average price of $19.4533 and a detailed price range ($19.248–$19.71), and reports 91,705 shares retained. Based solely on the filing, this is a reported disposition under an affirmative-defense plan rather than an unscheduled liquidity event.

Corporate Governance Expert

TL;DR: Disclosure shows compliance with Rule 10b5-1 and timely reporting; documentation and attorney-in-fact signature increase procedural transparency.

The Form 4 indicates the sale was executed pursuant to a 10b5-1 plan dated 05/05/2025 and includes a weighted-average sale price and price range. The form was executed by an attorney-in-fact (Kyle Sauers) on 08/05/2025, reflecting formal signing and submission. From a governance standpoint, the filing evidences adherence to pre-established trading arrangements and timely SEC disclosure.

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^*

WIERBICKI PAUL

(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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

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	08/05/2025		S(1)		35,000	D	$19.4533(2)	91,705	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 dated May 5, 2025.

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.248 to $19.71 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	08/05/2025
	** 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 did Paul Wierbicki report on the Form 4 for RSI?

He reported a sale of 35,000 Class A shares on 08/05/2025 pursuant to a 10b5-1 plan dated 05/05/2025.

At what price were the RSI shares sold?

The filing reports a weighted-average sale price of $19.4533 and individual trade prices ranged from $19.248 to $19.71.

How many RSI shares does Wierbicki own after the sale?

Following the reported transaction he directly beneficially owns 91,705 shares.

Was the sale pursuant to a 10b5-1 trading plan?

Yes. The filing states the shares were sold pursuant to a 10b5-1 plan dated 05/05/2025.

Who signed the Form 4 and when?

The Form 4 is signed by attorney-in-fact Kyle Sauers on 08/05/2025.