Rush Street Interactive (RSI) COO sells 20,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rush Street Interactive, Inc. Chief Operating Officer Mattias Stetz reported insider transactions in Class A Common Stock. He sold 20,000 shares on July 1, 2026 in an open-market transaction at a weighted average price of $31.2187 per share, executed under a pre-arranged Rule 10b5-1 trading plan.
After this sale, he directly holds 197,874 shares of Class A Common Stock and has an additional 105,448 shares reported as indirectly owned through his spouse. The filing shows no derivative securities remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($624,374)
Net Sell
2 txns
Insider
STETZ MATTIAS
Role
Chief Operating Officer
Sold
20,000 shs ($624K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $31.2187 | $624K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 197,874 shares (Direct, null);
Class A Common Stock — 105,448 shares (Indirect, By Spouse)
Footnotes (1)
- Shares were sold pursuant to a 10b5-1 plan. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $30.42 to $31.67 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: 20,000 shares
Weighted average sale price: $31.2187 per share
Direct holdings after sale: 197,874 shares
+2 more
5 metrics
Shares sold
20,000 shares
Class A Common Stock sold on July 1, 2026
Weighted average sale price
$31.2187 per share
Open-market sale of 20,000 shares
Direct holdings after sale
197,874 shares
Class A Common Stock held directly by COO after transaction
Indirect holdings via spouse
105,448 shares
Class A Common Stock reported as indirectly owned through spouse
Price range of sales
$30.42 to $31.67 per share
Multiple transactions underlying weighted average price
Key Terms
Rule 10b5-1, weighted average sale price, Class A Common Stock, Form 4
4 terms
Rule 10b5-1 regulatory
"Shares were sold pursuant to a 10b5-1 plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RSI Chief Operating Officer Mattias Stetz report?
Mattias Stetz reported selling 20,000 shares of Rush Street Interactive Class A Common Stock. The shares were sold on July 1, 2026 in an open-market transaction at a weighted average price of $31.2187 per share, according to the Form 4 filing.
Was the RSI insider sale by Mattias Stetz done under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes specify the shares were sold pursuant to a Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs designed to allow insiders to sell shares over time according to preset instructions, reducing the impact of timing decisions.
Does the Form 4 for RSI show any remaining derivative securities for Mattias Stetz?
No derivative securities are listed as part of this Form 4 for Mattias Stetz. The derivativeSummary section is empty, and reported holdings after the transaction consist solely of Class A Common Stock, both directly and indirectly held through his spouse.