RSI CFO Kyle Sauers exercises options, gifts shares (NYSE: RSI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rush Street Interactive, Inc. Chief Financial Officer Kyle Sauers reported routine equity movements involving company stock. On June 25, 2026, he exercised stock options to acquire 46,728 shares of Class A Common Stock at $3.28 per share, bringing his direct holdings to 675,526 shares.
That same day, Sauers made a bona fide gift of 2,460 shares, described as 1,230 shares to each of his two adult children, reducing his direct holdings to 628,798 shares. After the exercise, he still held 146,748 stock options with a $3.28 exercise price, expiring on March 15, 2033. The filing reflects an exercise-and-hold pattern with a small, non-market gift transfer.
Positive
- None.
Negative
- None.
Insider Trade Summary
46,728 shares exercised/converted
Mixed
3 txns
Insider
Sauers Kyle
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 46,728 | $0.00 | -- |
| Gift | Class A Common Stock | 2,460 | $0.00 | -- |
| Exercise | Class A Common Stock | 46,728 | $3.28 | $153K |
Holdings After Transaction:
Stock Option (Right to Buy) — 146,748 shares (Direct, null);
Class A Common Stock — 628,798 shares (Direct, null)
Footnotes (1)
- Represents a gift of 1,230 shares each to two of the Reporting Person's adult children. The stock options vest in three equal annual installments beginning on the first anniversary of the original grant date of March 15, 2023, subject to the Reporting Person's continued service through each such vesting date.
Key Figures
Options exercised: 46,728 shares at $3.28
Shares after exercise: 675,526 shares
Gifted shares: 2,460 shares
+2 more
5 metrics
Options exercised
46,728 shares at $3.28
Class A Common Stock acquired on June 25, 2026
Shares after exercise
675,526 shares
Direct Class A holdings following option exercise
Gifted shares
2,460 shares
Bona fide gift, 1,230 shares to each of two adult children
Shares after gift
628,798 shares
Direct Class A holdings after gift transfer
Remaining options
146,748 options at $3.28
Stock options expiring March 15, 2033
Key Terms
Stock Option (Right to Buy), bona fide gift, Class A Common Stock, vest in three equal annual installments, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
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.
vest in three equal annual installments financial
"The stock options vest in three equal annual installments beginning on the first anniversary"
exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
FAQ
What insider transactions did RSI CFO Kyle Sauers report?
CFO Kyle Sauers exercised stock options for 46,728 Class A shares at $3.28 each and made a bona fide gift of 2,460 shares. The exercise increased his holdings before the gift, while the gifted shares reduced his direct position slightly.
What stock options did the RSI CFO exercise in this Form 4 filing?
Sauers exercised 46,728 stock options with a $3.28 exercise price, receiving the same number of Class A shares. These options are part of a grant that vests in three equal annual installments starting March 15, 2024, subject to continued service.
How many Rush Street Interactive stock options does the CFO still hold?
Following the exercise, Sauers continues to hold 146,748 stock options with a $3.28 exercise price, expiring on March 15, 2033. This remaining option position indicates he retains substantial future equity-based exposure to Rush Street Interactive stock.
What is the vesting schedule of the RSI CFO’s stock options mentioned in the filing?
The filing states the stock options vest in three equal annual installments beginning on the first anniversary of the original grant date, March 15, 2023. Vesting remains subject to Sauers’ continued service through each vesting date.