Rush Street Interactive (RSI) legal chief sells 30,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Rush Street Interactive, Inc. director and Chief Legal Officer Paul Wierbicki reported selling a total of 30,000 shares of Class A common stock in open-market transactions. He sold 15,000 shares at $22.00 per share on March 24, 2026 and 15,000 shares at a weighted-average price of $21.0544 per share on March 23, 2026, with those trades occurring in a price range from $21.00 to $21.16. After these sales, he directly holds 153,256 shares. The sales were executed under a pre-arranged Rule 10b5-1 trading plan, indicating they were scheduled in advance.
Positive
- None.
Negative
- None.
Insights
Pre-planned open-market sales reduce holdings modestly while leaving a substantial remaining stake.
Director and Chief Legal Officer Paul Wierbicki executed two open-market sales totaling 30,000 Rush Street Interactive Class A shares at prices around $21–$22. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan, suggesting routine, scheduled diversification rather than opportunistic timing.
Following the sales, he still directly owns 153,256 shares, so the disposals represent only a portion of his visible equity position. There were no option exercises, gifts, or derivative transactions reported in this filing, and no remaining derivative awards are listed in the derivative summary.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,000 | $22.00 | $330K |
| Sale | Class A Common Stock | 15,000 | $21.0544 | $316K |
Footnotes (1)
- Shares were sold pursuant to a 10b5-1 plan. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $21 to $21.16 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transaction did RSI Chief Legal Officer Paul Wierbicki report?
Were Paul Wierbicki’s RSI stock sales made under a Rule 10b5-1 trading plan?
Did the RSI Form 4 for Paul Wierbicki include any option exercises or derivative transactions?