Einar Roosileht - 01 Apr 2025 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Apr 2025, 18:04:38 UTC
Prior SEC filing
05 Mar 2025
Next SEC filing
10 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kyle Sauers as Attorney-in-fact

Key filing fact

Einar Roosileht filed Form 4 for Rush Street Interactive, Inc. (RSI) on 03 Apr 2025.

Key facts

  • This page summarizes Einar Roosileht's Form 4 filing for Rush Street Interactive, Inc. (RSI).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Apr 2025, 18:04.

Change

  • Previous filing in this sequence was filed on 05 Mar 2025.
  • Current net transaction value: -$641,118.

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

Conversion of derivative security

Transaction value
$0
Shares
+70,000
Change %
+7.4%
Price
$0.000000
Shares after
1,016,150
Date
01 Apr 2025
Ownership
Direct
Footnotes
F1
RSI transaction

Class V Voting Stock

Disposed to Issuer

Transaction value
$0
Shares
-70,000
Change %
-2.7%
Price
$0.000000
Shares after
2,534,157
Date
01 Apr 2025
Ownership
Direct
Footnotes
F1, F2
RSI transaction

Class A Common Stock

Sale

Transaction value
$641,118
Shares
-60,000
Change %
-5.9%
Price
$10.69
Shares after
956,150
Date
01 Apr 2025
Ownership
Direct
Footnotes
F3, F4

Reported derivative securities

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

RSI transaction Derivative

Class A Common Units of Rush Street Interactive, L.P.

Conversion of derivative security

Transaction value
$0
Shares
-70,000
Change %
-2.7%
Price
$0.000000
Shares after
2,534,157
Date
01 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
70,000
Exercise price
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

On April 1, 2025, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 70,000 Class A Common Stock Units ("RSI Units") for 70,000 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 being canceled.

Footnote 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.

Footnote F3

Shares were sold pursuant to a 10b5-1 Plan dated September 27, 2024.

Footnote F4

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.47 to $10.88 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.

Footnote 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.

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