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Rush Street Interactive (RSI) COO discloses January 2026 insider stock sales

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Rush Street Interactive, Inc. insider activity: The company’s Chief Operating Officer, reporting through a trust and related holdings, reported several equity transactions dated 01/02/2026. The trust exchanged 50,000 Class A Common Units of Rush Street Interactive, L.P. for 50,000 shares of Class A Common Stock at $0, with an equivalent 50,000 shares of Class V Voting Stock canceled.

On the same date, the trust sold 50,000 Class A Common Stock shares at $19.0871 per share, and additional sales of 40,000 and 20,000 Class A Common Stock shares at $19.0871 were reported as held by the spouse and directly by the reporting person. After these transactions, the reporting person reported 165,448 Class A shares held by spouse, 144,806 Class A shares held directly, and 482,078 shares of Class V Voting Stock held directly, along with 950,000 Class A Common Units of Rush Street Interactive, L.P. held by the trust. The sales were made pursuant to a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
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*
STETZ MATTIAS

(Last) (First) (Middle)
C/O RUSH STREET INTERACTIVE, INC.
900 N. MICHIGAN AVENUE, SUITE 950

(Street)
CHICAGO IL 60611

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rush Street Interactive, Inc. [ RSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/02/2026 C 50,000 A $0(1) 50,000 I By Trust(2)
Class V Voting Stock 01/02/2026 D 50,000 D $0(1) 950,000(1)(3) I By Trust(2)
Class A Common Stock 01/02/2026 S(4) 50,000 D $19.0871 0 I By Trust(2)
Class A Common Stock 01/02/2026 S(4) 40,000 D $19.0871 165,448 I By Spouse
Class A Common Stock 01/02/2026 S(4) 20,000 D $19.0871 144,806 D
Class V Voting Stock 482,078 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
Class A Common Units of Rush Street Interactive, L.P. (5) 01/02/2026 C 50,000 (5) (5) Class A Common Stock 50,000 $0 950,000 I By Trust(2)
Class A Common Units of Rush Street Interactive, L.P. (5) (5) (5) Class A Common Stock 482,078 482,078 D
Explanation of Responses:
1. On January 2, 2026, the Reporting Person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 50,000 Class A Common Stock Units ("RSI Units") for 50,000 shares of Class A Common Stock of the Issuer, together with an equivalent number of Class V Voting Stock of the Issuer held by the Reporting Person being canceled.
2. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such securities are beneficially owned by the Reporting Person for Section 16 or any other purpose.
3. The shares of Class V Voting Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Voting Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Voting Stock held at the time of such vote.
4. Shares were sold pursuant to a 10b5-1 Plan.
5. Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, beginning on June 29, 2021, the RSI Units beneficially owned by the reporting person may be exchanged, subject to certain conditions, for one share of Class A Common Stock of the Issuer. Upon such exchange, an equivalent number of shares of Class V Voting Stock then held by the reporting person will be canceled.
Remarks:
/s/ Kyle Sauers as Attorney-in-fact 01/06/2026
** 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.

FAQ

What insider transactions did RSI's COO report on January 2, 2026?

The Chief Operating Officer reported exchanging 50,000 Class A Common Units of Rush Street Interactive, L.P. for 50,000 shares of Class A Common Stock (with 50,000 Class V Voting Stock canceled) and multiple sales of Class A Common Stock on 01/02/2026.

How many Rush Street Interactive (RSI) shares were sold and at what price?

The filing reports sales of 50,000, 40,000, and 20,000 shares of Class A Common Stock, each at a price of $19.0871 per share.

What is the role of the trust and spouse in the RSI insider holdings?

Certain securities are held indirectly "By Trust" and "By Spouse." The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

What RSI securities does the insider report owning after the transactions?

After the reported transactions, the insider reports 165,448 Class A Common Stock shares held by spouse, 144,806 Class A Common Stock shares held directly, 482,078 shares of Class V Voting Stock held directly, and 950,000 Class A Common Units of Rush Street Interactive, L.P. held by the trust.

What is the significance of RSI Class V Voting Stock mentioned in the filing?

The filing states that Class V Voting Stock provides no economic rights but entitles the holder to vote as a common stockholder, with votes equal to the number of shares of Class V Voting Stock held.

Were the RSI share sales made under a Rule 10b5-1 trading plan?

Yes. The filing notes that the shares were sold pursuant to a 10b5-1 Plan, which is a pre-arranged trading plan for buying or selling securities.

How can RSI LP units held by the insider be exchanged according to the filing?

The filing explains that, under the Amended and Restated Limited Partnership Agreement of RSI LP, the RSI Units beneficially owned by the reporting person may be exchanged, subject to certain conditions, for one share of Class A Common Stock per unit, with an equivalent number of Class V Voting Stock shares then canceled.

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