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SEC EDGAROCT 51 min read$RSI

SCHWARTZ RICHARD TODD sold (to issuer) 111,110 shares of RSI (indirect holdings)

SCHWARTZ RICHARD TODD (Chief Executive Officer) sold (to issuer) 111,110 indirectly-held shares of Rush Street Interactive, Inc. (RSI) 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
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$RSIBearishLow
01

Why it matters

The disclosed sale may prompt short‑term traders to sell, but the long‑term impact is likely muted given the remaining ownership level.

02

Market read

Insider sales are monitored by investors; this filing provides fresh data on the CEO's holdings.

03

What to watch

The CEO's remaining stake remains sizable (over 370k shares), suggesting continued confidence.

Relevance 4/10Novelty 5/10Timing: after filing on 2026‑10‑05

Background

SEC Form 4 filing discloses insider transactions; such filings are primary sources for insider activity.

Company-level read

Ticker impact

$RSIBearishMedium confidence
Context

CEO Richard Todd Schwartz sold 111,110 shares of Rush Street Interactive under a 10b5‑1 plan, reducing his stake to 370,874 shares.

Expected impact

likely downward pressure as the market prices in the insider sell

Evidence & confidence

A 10b5‑1 sale by the CEO is a primary disclosure; while the amount is modest relative to total holdings, such sales often trigger short‑term selling pressure.

Market effects

Sector

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

Regional

No regional effect beyond the stock's own trading.

Global

Limited to investors tracking insider activity.

Counterpoint

What could challenge this read

The sale could be a routine liquidity event under a pre‑arranged plan, not indicative of negative fundamentals.

Key entities

  • company
    Rush Street Interactive, Inc.

    Online gambling operator listed on NYSE under ticker RSI.

  • 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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