Richard Todd Schwartz - 14 Mar 2025 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: RSI
Reported as of: 14 Mar 2025
Net transaction value: -$1,106,166
SEC form: 4
Accepted by SEC: 18 Mar 2025, 18:35:09 UTC
Prior SEC filing: 11 Mar 2025
Next SEC filing: 28 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Kyle Sauers as Attorney-in-fact

Key filing fact

Richard Todd Schwartz filed Form 4 for Rush Street Interactive, Inc. (RSI) on 18 Mar 2025.

Key facts

This page summarizes Richard Todd Schwartz's Form 4 filing for Rush Street Interactive, Inc. (RSI).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 18 Mar 2025, 18:35.

Change

Previous filing in this sequence was filed on 11 Mar 2025.
Current net transaction value: -$1,106,166.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RSI transaction

Class A Common Stock

Award

Transaction value: $0
Shares: +119,933
Change %: +6%
Price: $0.000000
Shares after: 2,117,971
Date: 14 Mar 2025
Ownership: Direct
Footnotes: F1

RSI transaction

Class A Common Stock

Tax liability

Transaction value: $1,106,166
Shares: -103,380
Change %: -4.9%
Price: $10.70
Shares after: 2,014,591
Date: 17 Mar 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RSI transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +162,637
Change %
Price: $0.000000
Shares after: 162,637
Date: 14 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 162,637
Exercise price: $10.70
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On March 14, 2025, the Reporting Person was awarded 119,933 restricted stock units (the "RSUs") under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such vesting date.

Footnote F2

Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's previously disclosed RSUs and does not represent a sale by the Reporting Person.

Footnote F3

On March 14, 2025, the Reporting Person was awarded 162,637 stock options of the Issuer (the "Options") under the Plan. The Options vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such vesting date.