Rush Street Interactive (RSI) CEO awarded 192,552 RSUs; 121,090 shares withheld for taxes

Rhea-AI Filing Summary

Rush Street Interactive, Inc. Chief Executive Officer Richard Todd Schwartz reported equity compensation and related tax withholding transactions in Class A common stock. On March 14, 2026, he was granted 192,552 restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan. These RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, contingent on his continued service.

On March 16, 2026, 121,090 shares were withheld at $20.25 per share to satisfy income tax obligations tied to the vesting and net settlement of previously disclosed RSUs, which the company states does not represent a sale by him. Following these transactions, Schwartz directly owns 526,283 shares of Class A common stock.

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

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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^*

SCHWARTZ RICHARD TODD

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/14/2026

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	03/14/2026		A		192,552	A(1)	$0	647,373	D
Class A Common Stock	03/16/2026		F		121,090(2)	D	$20.25	526,283	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

Explanation of Responses:

1. On March 14, 2026, the Reporting Person was awarded 192,552 restricted stock units (the "RSUs") under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan, as amended. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such vesting date.

2. Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's previously disclosed RSUs and does not represent a sale by the Reporting Person.

Remarks:

	/s/ Kyle Sauers as Attorney-in-fact	03/17/2026
	** 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 did Rush Street Interactive (RSI) CEO report in this Form 4?

The CEO reported an equity award and related tax withholding. He received 192,552 restricted stock units and had 121,090 shares withheld at $20.25 per share for income taxes on previously vested RSUs, with no open-market sale reported.

How many RSUs were granted to RSI CEO Richard Todd Schwartz and how do they vest?

He was granted 192,552 restricted stock units under Rush Street Interactive’s 2020 Omnibus Equity Incentive Plan. The RSUs vest in three equal annual installments starting on the first anniversary of the March 14, 2026 grant date, conditioned on his continued service with the company.

Why were 121,090 RSI shares disposed of in the March 16, 2026 transaction?

The 121,090 shares were withheld by Rush Street Interactive to cover income tax withholding and remittance obligations. This occurred in connection with vesting and net settlement of previously disclosed RSUs and is explicitly described as not representing a sale by the reporting person.

How many Rush Street Interactive shares does the CEO hold after these transactions?

After the March 16, 2026 tax-withholding transaction, Richard Todd Schwartz directly holds 526,283 shares of Rush Street Interactive Class A common stock. This figure reflects his position following both the RSU-related grant activity and the issuer’s tax-withholding share reduction.

Does this RSI Form 4 show any open-market buying or selling by the CEO?

The filing does not show open-market purchases or sales. It reports a grant of 192,552 restricted stock units and an issuer withholding of 121,090 shares for tax obligations, which the company specifies does not represent a sale by the reporting person.