Rush Street CFO sells 23K shares under plan
Rush Street Interactive, Inc. Chief Financial Officer Kyle Sauers reported an open-market sale of 23,000 shares of Class A common stock at $25.44 per share.
Rhea-AI Filing Summary
Rush Street Interactive, Inc. Chief Financial Officer Kyle Sauers reported an open-market sale of 23,000 shares of Class A common stock at $25.44 per share. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance.
After the sale, Sauers directly holds 631,258 Class A shares, showing he maintains a substantial equity position. The filing also notes 4,700 shares held indirectly by a child, reflecting additional family ownership reported as indirect.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 23,000 | $25.44 | $585K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Shares were sold pursuant to a 10b5-1 plan.
Key Figures
Key Terms
Rule 10b5-1 regulatory
open-market sale financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rush Street Interactive (RSI) report for Kyle Sauers?
Was the Rush Street Interactive (RSI) insider sale pre-planned under a Rule 10b5-1 plan?
Does the Form 4 show any derivative exercises for Rush Street Interactive (RSI) by Kyle Sauers?
AI-generated analysis. How Rhea-AI works. Not financial advice.