Richard Todd Schwartz Sells $4.05M of Rush Street Interactive Inc (RSI) — SEC Form 4, Jun 03, 2026

Open-Market Net Sale · SEC Form 4
−$4,049,804
10b5-1 Plan (Partial)

Equity position changed by -2.2%

Reporting Owner
TXN 2026-06-01 · FILED 2026-06-03
Equity Position 6.95M sh 7,108,559 → 6,950,225
Equity Change -2.2% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2026-06-03
Report Date
2026-06-03
Accession No.
0001834345-26-000022
Accepted At
2026-06-03 22:06 UTC
Reporting Owner
Name Relationship
Richard Todd Schwartz CIK 0001834345
Director CEO
Richard Todd Schwartz at Rush Street Interactive Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $72,299,143
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2026-05-06 Sell -$20,379,840 View
All filings by this insider at Rush Street Interactive Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Class A Common StockF1 2026-06-01 C - Conversion 47,222 A $0.00 — 421,258 Direct
Class A Common StockF1 2026-06-01 C - Conversion 55,556 A $0.00 — 55,556 Indirect By Irrevocable Trust
Class A Common StockF1 2026-06-01 C - Conversion 55,556 A $0.00 — 55,556 Indirect By Trust
Class A Common StockF3F4 2026-06-01 S - Sale 10b5-1 55,556 D $25.58 -$1,420,989 0 Indirect By Trust
Class V Voting StockF1F1F2 2026-06-01 D - Return to Issuer 47,222 D $0.00 — 5,231,663 Direct
Class V Voting StockF1F1F2 2026-06-01 D - Return to Issuer 55,556 D $0.00 — 593,096 Indirect By Irrevocable Trust
Class V Voting StockF1F1F2 2026-06-01 D - Return to Issuer 55,556 D $0.00 — 593,096 Indirect By Trust
Class A Common StockF3F4 2026-06-01 S - Sale 10b5-1 47,222 D $25.58 -$1,207,825 374,036 Direct
Class A Common StockF3F4 2026-06-01 S - Sale 10b5-1 55,556 D $25.58 -$1,420,989 0 Indirect By Irrevocable Trust
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Class A Common Units of Rush Street Interactive, L.P.F5F5F5 2026-06-01 C - Conversion 47,222 D $0.00 47,222 Class A Common Stock Direct
Class A Common Units of Rush Street Interactive, L.P.F5F5F5 2026-06-01 C - Conversion 55,556 D $0.00 55,556 Class A Common Stock Indirect By Irrevocable Trust
Class A Common Units of Rush Street Interactive, L.P.F5F5F5 2026-06-01 C - Conversion 55,556 D $0.00 55,556 Class A Common Stock Indirect By Trust
Footnotes (5)
F1
On June 1, 2026, the Reporting Person and/or affiliated trusts exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), the number of Class A Common Stock Units ("RSI Units") set forth in this box for the same number of shares of Class A Common Stock of the Issuer, together with an equivalent number of Class V Voting Stock of the Issuer held by the Reporting Person and/or affiliated trusts, as applicable, being canceled. Show more
F2
The shares of Class V Voting Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Voting Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Voting Stock held at the time of such vote. Show more
F3
Shares were sold pursuant to a 10b5-1 plan. Show more
F4
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $25.08 to $25.98 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Show more
F5
Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, beginning on June 29, 2021, the RSI Units beneficially owned by the reporting person may be exchanged, subject to certain conditions, for one share of Class A Common Stock of the Issuer. Upon such exchange, an equivalent number of shares of Class V Voting Stock then held by the reporting person will be canceled. Show more
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