RSI CEO sells 90,482 shares in planned trade

Rush Street Interactive, Inc. director and Chief Executive Officer Richard Todd Schwartz reported an open-market sale of 90,482 shares of Class A Common Stock.

Rhea-AI Filing Summary

Rush Street Interactive, Inc. director and Chief Executive Officer Richard Todd Schwartz reported an open-market sale of 90,482 shares of Class A Common Stock. The shares were sold on April 1, 2026 at a weighted average price of $22.0431 per share under a pre-arranged Rule 10b5-1 trading plan.

After this transaction, Schwartz directly holds 435,801 shares of Rush Street Interactive, indicating he retains a significant ongoing equity stake in the company.

Insider Trade Summary 10b5-1

Net Seller: 90,482 shares

Net Sell 1 txn

Insider SCHWARTZ RICHARD TODD

Role Chief Executive Officer

Sold 90,482 shs ($1.99M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	90,482	$22.0431	$1.99M

Holdings After Transaction: Class A Common Stock — 435,801 shares (Direct)

Footnotes (2)

1. F1. Shares were sold pursuant to a 10b5-1 plan.
2. F2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $21.73 to $22.35 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.

Key Figures

Shares sold: 90,482 shares Weighted average sale price: $22.0431 per share Price range of sales: $21.73–$22.35 per share +2 more

5 metrics

Shares sold 90,482 shares Open-market sale of Class A Common Stock on April 1, 2026

Weighted average sale price $22.0431 per share Average price for 90,482 shares sold

Price range of sales $21.73–$22.35 per share Range of individual transaction prices for the sale

Shares held after transaction 435,801 shares Direct holdings of Class A Common Stock after the sale

Transaction date April 1, 2026 Date of the reported open-market sale

Key Terms

Rule 10b5-1 plan, weighted average sale price, open-market sale, Class A Common Stock

4 terms

Rule 10b5-1 plan financial

"Shares were sold pursuant to a 10b5-1 plan."

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

weighted average sale price financial

"The reported price in Column 4 is a weighted average sale price."

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RSI CEO Richard Todd Schwartz report on this Form 4?

Richard Todd Schwartz reported selling 90,482 shares of Rush Street Interactive Class A Common Stock. The transaction occurred on April 1, 2026, as an open-market sale at a weighted average price of $22.0431 per share under a pre-arranged Rule 10b5-1 trading plan.

At what prices did Richard Todd Schwartz sell his RSI shares?

The reported $22.0431 price is a weighted average across multiple trades. According to the disclosure, individual transactions occurred at prices ranging from $21.73 to $22.35 per share, reflecting execution across a narrow trading range on the same trading day.

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

Following the reported sale, Richard Todd Schwartz directly holds 435,801 shares of Rush Street Interactive Class A Common Stock. This post-transaction figure comes from the Form 4 and shows his remaining direct equity interest after the 90,482-share disposition.

Was the RSI insider sale by Richard Todd Schwartz made under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan. Such pre-arranged plans allow insiders to schedule trades in advance, helping separate routine portfolio management from discretionary timing decisions based on short-term market conditions.

What does the weighted average sale price mean in this RSI Form 4?

The weighted average price of $22.0431 means multiple trades executed at various prices between $21.73 and $22.35 were combined into one average figure. The insider has committed to provide the exact number of shares sold at each price upon request to investors or regulators.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 06:18 PM Learn about SEC filing dates

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 ILLINOIS 60611

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/01/2026		S(1)		90,482	D	$22.0431(2)	435,801	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 $21.73 to $22.35 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	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)