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SEC EDGARSEP 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 $25.69 ($1.21M total) on 2026-09-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · SCHWARTZ RICHARD TODD
Published Sep 3, 2026, 4:00 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 4, 2026, 7:16 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 transaction provides fresh data on insider sentiment, useful for short‑term traders.

02

Market read

Direct impact on RSI stock due to insider sell; limited broader market effect.

03

What to watch

Potential upcoming product launches or earnings could offset the negative signal.

Relevance 5/10Novelty 7/10Timing: after market close on 2026-09-01

Background

Form 4 filings disclose insider transactions; a CEO sale of over $1M is noteworthy.

Company-level read

Ticker impact

$RSIBearishMedium confidence
Context

CEO Richard Todd Schwartz sold 47,222 shares for $1.21M via a 10b5-1 plan.

Expected impact

Possible modest dip in RSI price over the next few days.

Evidence & confidence

Large insider sell by CEO, executed through a pre‑arranged plan, often interpreted as a bearish signal.

Market effects

Sector

Minimal; reflects only company‑specific insider activity.

Regional

None; limited to U.S. market participants.

Global

Low; does not affect broader market trends.

Counterpoint

What could challenge this read

The sale was pre‑arranged under a 10b5‑1 plan, so it may not reflect current sentiment.

Key entities

  • person
    Richard Todd Schwartz

    Chief Executive Officer of Rush Street Interactive

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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