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SEC EDGAROCT 51 min read$RSI

SCHWARTZ RICHARD TODD sold $2.2M of RSI (indirect holdings)

SCHWARTZ RICHARD TODD (Chief Executive Officer) sold 111,110 indirectly-held shares of Rush Street Interactive, Inc. (RSI) at $19.88 ($2.21M total) across 2 trades on 2026-10-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · SCHWARTZ RICHARD TODD
Published Oct 5, 2026, 10:11 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 5, 2026, 10:14 PM 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 disclosed sale is the first public report of this insider activity and may influence short‑term price dynamics.

02

Market read

A modest insider sell by the CEO, reported via a primary SEC filing, offers limited trading relevance.

03

What to watch

Potential upcoming corporate actions or financing needs not disclosed in the filing.

Relevance 5/10Novelty 4/10Timing: after market close

Background

Form 4 filing from SEC EDGAR discloses an insider transaction by the CEO of Rush Street Interactive, Inc.

Company-level read

Ticker impact

$RSIBearishMedium confidence
Context

CEO Richard Todd Schwartz sold 111,110 shares for $2.2M via a 10b5‑1 plan, leaving zero holdings.

Expected impact

likely slight downward pressure as the market prices the insider sell.

Evidence & confidence

A $2.2M sale by the CEO signals potential lack of confidence, but the amount is modest relative to market cap.

Market effects

Sector

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

Regional

No broader regional effect.

Global

Limited to investors tracking RSI.

Counterpoint

What could challenge this read

The sale could be routine under a pre‑arranged plan and not reflect negative sentiment.

Key entities

  • company
    Rush Street Interactive, Inc.

    Online gaming and sports betting operator listed on NASDAQ under 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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