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SEC EDGARSEP 31 min read$RSI

SCHWARTZ RICHARD TODD sold $2.9M of RSI (indirect holdings)

SCHWARTZ RICHARD TODD (Chief Executive Officer) sold 111,110 indirectly-held shares of Rush Street Interactive, Inc. (RSI) at $25.69 ($2.85M total) across 2 trades 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
Neutral
medium confidence
Mentioned
$RSI
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$RSINeutralLow
01

Why it matters

The transaction provides fresh data on insider sentiment but is unlikely to drive significant price movement.

02

Market read

Primary relevance is to RSI investors monitoring insider activity.

03

What to watch

Potential upcoming strategic initiatives that may require cash, prompting the sale.

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

Background

Form 4 filings disclose insider transactions; a CEO sale under a 10b5‑1 plan is a standard compliance filing.

Company-level read

Ticker impact

$RSINeutralMedium confidence
Context

CEO Richard Todd Schwartz sold 111,110 shares for $2.85M via a 10b5‑1 plan, leaving zero holdings.

Expected impact

Potential short‑term downward pressure, likely limited to a few cents.

Evidence & confidence

Sale is sizable for a single insider but executed under a pre‑arranged plan, reducing informational value.

Market effects

Sector

Minimal impact on the online gambling sector; similar insider sales are common.

Regional

No broader regional effect.

Global

Limited to RSI shareholders.

Counterpoint

What could challenge this read

The sale could be a routine liquidity move rather than a negative signal.

Key entities

  • Company
    Rush Street Interactive, Inc.

    US‑listed online gambling operator (ticker RSI).

  • Person
    Richard Todd Schwartz

    Chief Executive Officer of RSI.

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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