Neil Bluhm (RSI) granted RSUs including 2026 salary paid in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLUHM NEIL reported acquisition or exercise transactions in this Form 4 filing.
Rush Street Interactive Executive Chairman Neil Bluhm reported two stock-based compensation awards of Class A Common Stock. He received 15,935 restricted stock units that vest in three equal annual installments starting one year after the grant date, and 31,870 RSUs granted in lieu of his 2026 base salary that vest at the company’s next annual stockholder meeting in 2027. Following these awards, he directly holds 733,326 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BLUHM NEIL
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,935 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 31,870 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 701,456 shares (Direct)
Footnotes (1)
- On March 14, 2026, the Reporting Person was awarded 15,935 restricted stock units (the "RSUs") under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). 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. On March 14, 2026, the Reporting Person was awarded 31,870 RSUs under the Plan, in lieu of the Reporting Person's base salary for fiscal year 2026. The RSUs vest as of the Issuer's next annual meeting of stockholders to be held in calendar year 2027.
FAQ
What insider transactions did RSI executive Neil Bluhm report on this Form 4?
Neil Bluhm reported two stock-based compensation awards in Rush Street Interactive Class A shares. He received 15,935 restricted stock units and 31,870 additional RSUs as part of his 2026 compensation structure, with both grants subject to future vesting conditions.
How many Rush Street Interactive (RSI) RSUs were granted to Neil Bluhm?
Neil Bluhm was granted 15,935 restricted stock units plus a separate award of 31,870 RSUs. The first award is a standard equity incentive grant, while the second is specifically in lieu of his base salary for Rush Street Interactive’s 2026 fiscal year.
What are the vesting terms for Neil Bluhm’s 15,935 RSU award at RSI?
The 15,935 RSUs vest in three equal annual installments beginning on the first anniversary of the March 14, 2026 grant date. Vesting is conditioned on Neil Bluhm’s continued service with Rush Street Interactive through each applicable vesting date under the company’s 2020 plan.
How is Neil Bluhm’s 2026 base salary at Rush Street Interactive structured?
For fiscal 2026, Neil Bluhm’s base salary is being paid in equity rather than cash. He received 31,870 restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan, which will vest at Rush Street Interactive’s next annual meeting of stockholders in calendar year 2027.
When will Neil Bluhm’s 31,870 RSUs in lieu of salary vest at RSI?
The 31,870 RSUs granted in lieu of Neil Bluhm’s 2026 base salary are scheduled to vest at Rush Street Interactive’s next annual meeting of stockholders. That meeting is expected to occur during calendar year 2027, subject to the standard service-based vesting condition.