A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 9 filings in this group are Form 4s for Rush Street Interactive, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 9 insider filings shown, the breakdown is 7 open-market sale, 1 gift and 1 open-market purchase. 8 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-10-05
RSI insider STETZ MATTIAS (Chief Operating Officer) sold 20,000 shares (~$397.5K)
STETZ MATTIAS, listed as Chief Operating Officer at Rush Street Interactive, Inc., reported an open-market sale of 20,000 RSI shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
20,000 |
$19.87 |
$397.5K |
Filing: Form 4 (Insider Transaction)
Insider: STETZ MATTIAS (Chief Operating Officer)
Shares: 20,000
Est. Value: $397.5K
Form 4
Open-market sale
Insider Selling
2026-10-05
RSI insider SCHWARTZ RICHARD TODD (Director, Chief Executive Officer) sold 158,332 shares (~$3.15M)
SCHWARTZ RICHARD TODD, listed as Director, Chief Executive Officer at Rush Street Interactive, Inc., reported an open-market sale of 158,332 RSI shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
C |
Derivative conversion
|
47,222 |
— |
— |
D |
Disposition to issuer
|
47,222 |
— |
— |
C |
Derivative conversion
|
55,555 |
— |
— |
D |
Disposition to issuer
|
55,555 |
— |
— |
C |
Derivative conversion
|
55,555 |
— |
— |
D |
Disposition to issuer
|
55,555 |
— |
— |
S |
Open-market sale
|
47,222 |
$19.88 |
$938.6K |
S |
Open-market sale
|
55,555 |
$19.88 |
$1.10M |
S |
Open-market sale
|
55,555 |
$19.88 |
$1.10M |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
47,222 |
— |
— |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
55,555 |
— |
— |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
55,555 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SCHWARTZ RICHARD TODD (Director, Chief Executive Officer)
Shares: 158,332
Est. Value: $3.15M
Form 4
Open-market sale
Insider Selling
2026-10-05
RSI insider Sauers Kyle (Chief Financial Officer) sold 23,000 shares (~$467.1K)
Sauers Kyle, listed as Chief Financial Officer at Rush Street Interactive, Inc., reported an open-market sale of 23,000 RSI shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
23,000 |
$20.31 |
$467.1K |
Filing: Form 4 (Insider Transaction)
Insider: Sauers Kyle (Chief Financial Officer)
Shares: 23,000
Est. Value: $467.1K
Form 4
Open-market purchase
Insider Buying
2026-09-25
RSI insider Markell Jack A. (Director) bought 1,500 shares (~$29.0K)
Markell Jack A., listed as Director at Rush Street Interactive, Inc., reported an open-market purchase of 1,500 RSI shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
1,500 |
$19.35 |
$29.0K |
Filing: Form 4 (Insider Transaction)
Insider: Markell Jack A. (Director)
Shares: 1,500
Est. Value: $29.0K
Form 4
Gift
Tax / Compensation Filing
2026-09-24
RSI insider Form 4 filed for equity award, exercise, or tax withholding
BLUHM NEIL (Director, Executive Chairman, 10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
380,000 |
— |
— |
G |
Gift
|
380,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: BLUHM NEIL (Director, Executive Chairman, 10% Owner)
Shares: 760,000
Form 4
Open-market sale
Insider Selling
2026-09-03
RSI insider SCHWARTZ RICHARD TODD (Director, Chief Executive Officer) sold 158,332 shares (~$4.07M)
SCHWARTZ RICHARD TODD, listed as Director, Chief Executive Officer at Rush Street Interactive, Inc., reported an open-market sale of 158,332 RSI shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
C |
Derivative conversion
|
47,222 |
— |
— |
D |
Disposition to issuer
|
47,222 |
— |
— |
C |
Derivative conversion
|
55,555 |
— |
— |
D |
Disposition to issuer
|
55,555 |
— |
— |
C |
Derivative conversion
|
55,555 |
— |
— |
D |
Disposition to issuer
|
55,555 |
— |
— |
S |
Open-market sale
|
47,222 |
$25.69 |
$1.21M |
S |
Open-market sale
|
55,555 |
$25.69 |
$1.43M |
S |
Open-market sale
|
55,555 |
$25.69 |
$1.43M |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
47,222 |
— |
— |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
55,555 |
— |
— |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
55,555 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SCHWARTZ RICHARD TODD (Director, Chief Executive Officer)
Shares: 158,332
Est. Value: $4.07M
Form 4
Open-market sale
Insider Selling
2026-09-03
RSI insider Sauers Kyle (Chief Financial Officer) sold 23,000 shares (~$610.9K)
Sauers Kyle, listed as Chief Financial Officer at Rush Street Interactive, Inc., reported an open-market sale of 23,000 RSI shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
23,000 |
$26.56 |
$610.9K |
Filing: Form 4 (Insider Transaction)
Insider: Sauers Kyle (Chief Financial Officer)
Shares: 23,000
Est. Value: $610.9K
Form 4
Open-market sale
Insider Selling
2026-09-03
RSI insider STETZ MATTIAS (Chief Operating Officer) sold 20,000 shares (~$513.6K)
STETZ MATTIAS, listed as Chief Operating Officer at Rush Street Interactive, Inc., reported an open-market sale of 20,000 RSI shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
20,000 |
$25.68 |
$513.6K |
Filing: Form 4 (Insider Transaction)
Insider: STETZ MATTIAS (Chief Operating Officer)
Shares: 20,000
Est. Value: $513.6K
Form 4
Open-market sale
Insider Selling
2026-08-05
RSI insider SCHWARTZ RICHARD TODD (Director, Chief Executive Officer) sold 158,334 shares (~$4.44M)
SCHWARTZ RICHARD TODD, listed as Director, Chief Executive Officer at Rush Street Interactive, Inc., reported an open-market sale of 158,334 RSI shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
C |
Derivative conversion
|
47,222 |
— |
— |
D |
Disposition to issuer
|
47,222 |
— |
— |
C |
Derivative conversion
|
55,556 |
— |
— |
D |
Disposition to issuer
|
55,556 |
— |
— |
C |
Derivative conversion
|
55,556 |
— |
— |
D |
Disposition to issuer
|
55,556 |
— |
— |
S |
Open-market sale
|
47,222 |
$28.02 |
$1.32M |
S |
Open-market sale
|
55,556 |
$28.03 |
$1.56M |
S |
Open-market sale
|
55,556 |
$28.02 |
$1.56M |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
47,222 |
— |
— |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
55,556 |
— |
— |
C |
Derivative conversion
derivative · Class A Common Units of Rush Street Interactive, L.P.
|
55,556 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SCHWARTZ RICHARD TODD (Director, Chief Executive Officer)
Shares: 158,334
Est. Value: $4.44M