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SEC EDGARJUN 31 min read$RSI

SCHWARTZ RICHARD TODD sold $1.2M of RSI

SCHWARTZ RICHARD TODD (Chief Executive Officer) sold 47,222 shares of Rush Street Interactive, Inc. (RSI) at $25.58 ($1.21M total) on 2026-06-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · SCHWARTZ RICHARD TODD
Published Jun 3, 2026, 10:06 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 28, 2026, 4:01 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$RSI
Bearish
medium confidence
Mentioned
$RSI
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$RSIBearishLow
01

Why it matters

The filing provides the first public disclosure of the CEO's recent share sale, offering traders fresh data on insider sentiment.

02

Market read

Insider sales are monitored by traders for potential signals; this $1.2M sale is modest but noteworthy for short‑term sentiment.

03

What to watch

The CEO still holds a sizable stake (374k shares) and the company may have upcoming catalysts that outweigh the sale.

Relevance 5/10Novelty 5/10Timing: post‑market filing

Background

Rush Street Interactive (RSI) is a publicly traded online gaming and sports betting company. Insider transactions are disclosed via SEC Form 4 filings.

Company-level read

Ticker impact

$RSIBearishMedium confidence
Context

CEO Richard Todd Schwartz sold 47,222 shares for $1.2M via a 10b5-1 plan, reducing his stake to 374,036 shares.

Expected impact

likely modest downward pressure as the market prices in the insider sell

Evidence & confidence

A $1.2M sale by the CEO, though pre‑arranged, reduces insider ownership and can be interpreted as a lack of confidence.

Market effects

Sector

Minimal impact on the broader online gaming sector; the sale is company‑specific.

Regional

No significant regional effect.

Global

Limited to investors tracking insider activity.

Counterpoint

What could challenge this read

The sale could be purely mechanical under a 10b5‑1 plan, not indicating any negative outlook.

Key entities

  • Individual
    Richard Todd Schwartz

    Chief Executive Officer of Rush Street Interactive

  • Company
    Rush Street Interactive, Inc.

    Ticker RSI, provider of online gaming platforms

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

RSI insider trading history →

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