SCHWARTZ RICHARD TODD sold (to issuer) 47,222 shares of RSI
SCHWARTZ RICHARD TODD (Chief Executive Officer) sold (to issuer) 47,222 shares of Rush Street Interactive, Inc. (RSI) on 2026-09-01 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The sale is routine and unlikely to move the stock significantly.
Market read
Minor insider transaction with limited market impact.
What to watch
Sale executed under pre-arranged 10b5-1 plan, reducing informational asymmetry.
Background
Form 4 filing provides the first public disclosure of the insider transaction.
Ticker impact
CEO Richard Todd Schwartz sold 47,222 shares via a 10b5-1 plan, reducing his stake to 5,089,997 shares.
Potential slight downward pressure, but limited due to size relative to total shares.
Sale amount is small relative to insider's total stake and overall float; market may view as routine.
Market effects
Minimal effect on online gaming sector; no broader industry signal.
None
Low
Counterpoint
Insider sale could be a red flag if CEO anticipates near-term challenges.
Key entities
- CompanyRush Street Interactive, Inc.
Online gaming and sports betting operator.
- ExecutiveRichard Todd Schwartz
Chief Executive Officer of RSI.



