RSI (NYSE: RSI) COO’s spouse sells 20,000 pre-planned shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rush Street Interactive Chief Operating Officer Mattias Stetz reported a pre-planned insider sale of Class A common stock connected to his spouse. An entity identified as "By Spouse" sold 20,000 shares in an open-market transaction at a weighted average price of $22.0231 per share under a Rule 10b5-1 trading plan. The filing notes these shares were sold in multiple trades between $22 and $22.06 per share, and Stetz undertakes to provide detailed trade breakdowns upon request. Following the sale, 125,448 shares are held indirectly through his spouse and 257,874 shares are held directly, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($440,462)
Net Sell
2 txns
Insider
STETZ MATTIAS
Role
Chief Operating Officer
Sold
20,000 shs ($440K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $22.0231 | $440K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 125,448 shares (Indirect, By Spouse);
Class A Common Stock — 257,874 shares (Direct)
Footnotes (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 $22 to $22.06 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
What insider transaction did RSI COO Mattias Stetz report on this Form 4?
Mattias Stetz reported an indirect sale of 20,000 shares of Rush Street Interactive Class A common stock. The shares were sold through his spouse’s holdings, reflecting an open-market transaction rather than a grant, gift, or option exercise.