Rush Street Interactive (RSI) CFO details PSU vesting and 160,067-share sale
Rhea-AI Filing Summary
Rush Street Interactive Chief Financial Officer Kyle Sauers reported equity award vesting and a planned stock sale. On January 6, 2026, he acquired 533,556 shares of Class A common stock upon vesting and settlement of performance stock units that were originally granted on March 15, 2023 and tied to performance goals. On the same date, 210,375 shares were withheld to cover taxes due on that settlement.
On January 8, 2026, Sauers sold 160,067 shares of Class A common stock at a weighted average price of $19.0707 per share, in multiple trades between $18.25 and $19.69 per share, pursuant to a Rule 10b5‑1 trading plan. After these transactions, he directly beneficially owned 663,306 shares of Class A common stock and indirectly owned 4,700 shares through a child.
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FAQ
What insider transactions did RSI CFO Kyle Sauers report in this Form 4?
Kyle Sauers, Chief Financial Officer of Rush Street Interactive, Inc. (RSI), reported a vesting of performance stock units into 533,556 shares of Class A common stock, tax withholding of 210,375 shares, and a sale of 160,067 shares of Class A common stock.
When did the reported RSI insider transactions by CFO Kyle Sauers occur?
The equity award vesting and related tax withholding occurred on January 6, 2026. The sale of 160,067 shares of Class A common stock occurred on January 8, 2026.
How many RSI shares did the CFO sell, and at what price?
On January 8, 2026, the CFO sold 160,067 shares of Rush Street Interactive Class A common stock at a weighted average price of $19.0707 per share, in multiple transactions between $18.25 and $19.69 per share.
Were the RSI insider share sales by the CFO under a Rule 10b5-1 trading plan?
Yes. The filing states that the 160,067-share sale on January 8, 2026 was conducted pursuant to a Rule 10b5-1 trading plan.
What triggered the acquisition of 533,556 RSI shares reported by the CFO?
The 533,556 shares of Class A common stock represent the aggregate number of shares acquired upon the vesting and settlement of performance stock units (PSUs) granted on March 15, 2023, which vested based on certain performance criteria.
How many RSI shares does the CFO own after these transactions?
After the reported transactions, the CFO directly beneficially owned 663,306 shares of Rush Street Interactive Class A common stock and indirectly beneficially owned 4,700 shares through a child.
Why were 210,375 RSI shares withheld in the CFO’s Form 4 filing?
The 210,375 shares of Class A common stock were withheld to cover withholding taxes due upon settlement of the performance stock units originally granted on March 15, 2023.