STOCK TITAN

RSI CFO Kyle Sauers exercises options, gifts shares (NYSE: RSI)

Filing Impact
(High)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
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*
Sauers Kyle

(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)
Director10% Owner
XOfficer (give title below)XOther (specify below)
Chief Financial OfficerPresident
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/25/2026G2,460(1)D$0628,798D
Class A Common Stock06/25/2026M46,728A$3.28675,526D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$3.2806/25/2026M46,728 (2)03/15/2033Class A Common Stock46,728$0146,748D
Explanation of Responses:
1. Represents a gift of 1,230 shares each to two of the Reporting Person's adult children.
2. 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.
Remarks:
/s/ Kyle Sauers06/26/2026
** Signature of Reporting PersonDate
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)

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.

How many Rush Street Interactive (RSI) shares does the CFO hold after these transactions?

After the reported transactions, CFO Kyle Sauers directly holds 628,798 shares of Class A Common Stock. This figure reflects his position following the option exercise that raised his holdings and the subsequent gift of 2,460 shares to his adult children.

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.

Was the RSI CFO’s share disposition a market sale or a gift?

The disposition was reported as a bona fide gift of 2,460 shares, not a market sale. The filing specifies that Sauers gifted 1,230 shares to each of his two adult children, with no sale price involved.

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.