STOCK TITAN

RSI (RSI) CEO Schwartz sells 61,765 shares in planned trade

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

Rhea-AI Filing Summary

Rush Street Interactive, Inc. Chief Executive Officer Richard Todd Schwartz reported an open-market sale of 61,765 shares of Class A Common Stock. The shares were sold at a weighted average price of $22.5963 per share in multiple transactions pursuant to a Rule 10b5-1 trading plan. Following the sale, he continues to hold 374,036 shares directly.

Positive

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Negative

  • None.
Insider SCHWARTZ RICHARD TODD
Role Chief Executive Officer
Sold 61,765 shs ($1.40M)
Type Security Shares Price Value
Sale Class A Common Stock 61,765 $22.5963 $1.40M
Holdings After Transaction: Class A Common Stock — 374,036 shares (Direct)
Footnotes (1)
  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 $22.38 to $23.00 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.
Shares sold 61,765 shares Open-market sale of Class A Common Stock
Weighted average sale price $22.5963 per share Price reported for the 61,765 shares sold
Post-transaction holdings 374,036 shares Shares directly held after the reported sale
Sale price range $22.38–$23.00 per share Range of prices across multiple sale transactions
Rule 10b5-1 Plan financial
"Shares were sold pursuant to a 10b5-1 Plan."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret 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.
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).
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*
SCHWARTZ RICHARD TODD

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026
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 Stock04/16/2026S(1)61,765D$22.5963(2)374,036D
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
Explanation of Responses:
1. Shares were sold pursuant to a 10b5-1 Plan.
2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $22.38 to $23.00 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.
Remarks:
/s/ Kyle Sauers as Attorney-in-fact04/17/2026
** 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 transaction did RSI CEO Richard Todd Schwartz report?

RSI CEO Richard Todd Schwartz reported selling 61,765 shares of Class A Common Stock. The open-market sale was executed under a Rule 10b5-1 trading plan at a weighted average price of $22.5963 per share, leaving him with 374,036 shares held directly afterward.

How many Rush Street Interactive (RSI) shares did the CEO sell and at what price?

The CEO sold 61,765 RSI Class A Common shares at a weighted average price of $22.5963. The filing notes the shares were sold in multiple transactions within a price range from $22.38 to $23.00 per share, as disclosed in the accompanying footnote.

What does it mean that the RSI CEO’s sale was under a Rule 10b5-1 plan?

The filing states the RSI CEO’s sale was made pursuant to a Rule 10b5-1 plan. This indicates the trades followed a pre-arranged trading plan, which is designed to allow insiders to sell shares on a scheduled basis under predetermined instructions.

How many Rush Street Interactive (RSI) shares does the CEO hold after this sale?

After completing the disclosed sale, the CEO directly holds 374,036 shares of RSI Class A Common Stock. This post-transaction holding figure is reported in the Form 4 and reflects his remaining direct ownership position following the open-market sale.

What price range did RSI CEO Richard Todd Schwartz receive for the sold shares?

The Form 4 reports a weighted average sale price of $22.5963 per share. A footnote explains the 61,765 shares were sold in multiple transactions at prices ranging from $22.38 to $23.00 per share, with detailed breakdowns available upon request.