Rush Street Interactive CEO sells at $17.5181 weighted avg
Rhea-AI Filing Summary
Rush Street Interactive (RSI) insider activity: The company’s Chief Executive Officer and Director reported two open‑market sales of Class A common stock pursuant to a Rule 10b5‑1 trading plan dated August 16, 2024. On 11/10/2025, he sold 121,459 shares at a weighted average price of $17.5181. On 11/11/2025, he sold 72,446 shares at a weighted average price of $17.4085.
Footnotes state these were executed across multiple trades within disclosed price ranges, and full per‑trade details are available upon request. Following these transactions, the reporting person beneficially owns 380,242 shares, held directly.
Positive
- None.
Negative
- None.
Insights
Routine 10b5‑1 insider sales; neutral signal.
The CEO/Director disclosed two open‑market sales of Class A shares executed under a pre‑established Rule 10b5‑1 plan. Such plans automate trades to reduce discretion, aligning with routine diversification or liquidity management rather than event‑driven selling.
Weighted average sale prices were reported with ranges, and remaining directly held shares total 380,242. Actual market impact depends on trading volume and liquidity, and no proceeds use is indicated here. Subsequent filings may provide additional transaction details as sales occur under the plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 72,446 | $17.4085 | $1.26M |
| Sale | Class A Common Stock | 121,459 | $17.5181 | $2.13M |
Footnotes (1)
- Shares were sold pursuant to a 10b5-1 Plan dated August 16, 2024. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.36 to $17.70 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. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.18 to $17.54 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.