Rush Street Interactive (RSI) awards director 7,968 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Markell Jack A. reported acquisition or exercise transactions in this Form 4 filing.
Rush Street Interactive director Jack A. Markell received an equity award that increases his stake in the company. He was granted 7,968 restricted stock units under the 2020 Omnibus Equity Incentive Plan, which will vest at the company’s next annual stockholder meeting in calendar year 2027.
After this grant, the Form 4 shows Markell holding 20,789 shares of Class A common stock directly. This is a compensation-related award, not an open-market purchase or sale, so it primarily reflects routine director equity compensation rather than a trading decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Markell Jack A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,968 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 20,789 shares (Direct)
Footnotes (1)
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FAQ
What did Rush Street Interactive (RSI) director Jack A. Markell report on this Form 4?
Jack A. Markell reported receiving 7,968 restricted stock units as an equity award. These RSUs were granted under Rush Street Interactive’s 2020 Omnibus Equity Incentive Plan as part of his director compensation, not through an open-market stock purchase.
How many Rush Street Interactive RSUs were granted to Jack A. Markell?
He was granted 7,968 restricted stock units linked to Class A common stock. The grant price is shown as $0.00 per unit, indicating a compensation award rather than a purchase, consistent with typical director equity grants under company incentive plans.
When do Jack A. Markell’s 7,968 RSUs in RSI vest?
The 7,968 RSUs vest at Rush Street Interactive’s next annual meeting of stockholders in calendar year 2027. Vesting at the next annual meeting aligns the director’s equity compensation with continued board service through that meeting date.
Was Jack A. Markell’s Rush Street Interactive transaction a market buy or sell?
No, the filing shows a grant coded as an acquisition (code A), not a market trade. The 7,968 RSUs were awarded at $0.00 under the equity plan, so the transaction represents compensation rather than an open-market purchase or sale.