RSI CEO granted 192,552 RSUs, tax shares withheld
Rush Street Interactive, Inc. Chief Executive Officer Richard Todd Schwartz reported equity compensation and related tax withholding transactions in Class A common stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 121,090 | $20.25 | $2.45M |
| Grant/Award | Class A Common Stock | 192,552 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rush Street Interactive (RSI) CEO report in this Form 4?
How many RSUs were granted to RSI CEO Richard Todd Schwartz and how do they vest?
Does this RSI Form 4 show any open-market buying or selling by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.