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%
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
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
More from this insider at Rush Street Interactive Inc
| 2026-10-05 | Sell | -$3,147,165 | View |
| 2026-09-03 | Sell | -$4,067,771 | View |
| 2026-08-05 | Sell | -$4,437,136 | View |
| 2026-07-02 | Sell | -$4,942,364 | View |
| 2026-05-06 | Sell | -$20,379,840 | View |
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
Related filings at Rush Street Interactive Inc
Institutional Holders
13F holders · Jun 30, 2026
304
institutional managers reporting a position
Largest by reported value
5%+ Holders · 13D/G
5 filers
Other insiders at Rush Street Interactive Inc
-
Kyle Sauers -$467K
-
Mattias Stetz -$397K
-
Jack A. Markell +$29K
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