RSI COO’s spouse sells 20,000 company shares
Rush Street Interactive Chief Operating Officer Mattias Stetz reported a pre-planned insider sale of Class A common stock connected to his spouse.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $22.0231 | $440K |
| holding | Class A Common Stock | -- | -- | -- |
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 $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.
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What insider transaction did RSI COO Mattias Stetz report on this Form 4?
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