1 week ago
7
Jonathan Ponciano, The Motley Fool
Sun, January 11, 2026 astatine 12:03 PM CST 5 min read
-
The CEO of Rush Street Interactive disposed of 158,335 shares for a full transaction worth of $3.0 cardinal connected Friday.
-
The enforcement reported having important ownership successful the institution adjacent aft the sale.
-
The transaction progressive the conversion of derivative securities.
-
These 10 stocks could mint the adjacent question of millionaires ›
On Friday, Richard Todd Schwartz, the CEO of Rush Street Interactive (NYSE:RSI), reported the merchantability of 158,335 shares -- comprising some nonstop and indirect holdings -- pursuing the speech of concern units for Class A Common Stock, arsenic disclosed successful the SEC Form 4 filing.
| Shares sold | 158,335 |
| Shares sold (direct) | 47,223 |
| Shares sold (indirect) | 111,112 |
| Transaction value | $3.0 million |
| Post-transaction shares (Class A direct) | 1.1 million |
| Post-transaction worth (Class A direct) | $23.0 million |
Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($19.22); post-transaction worth based connected Friday's marketplace adjacent ($19.26).
-
How did the transaction impact Schwartz's ownership structure?
Schwartz reported nonstop ownership of 1.2 cardinal Class A communal shares and 5.33 cardinal Class V communal shares aft the transaction, on with indirect holdings. -
What derivative mechanics were progressive successful this disposal?
This filing reflects a derivative transaction involving the conversion of a derivative information into Class A Common Stock, which was past sold. -
How does the merchantability size comparison to Schwartz's humanities transaction pattern?
The 158,335 shares sold is beneath the caller median merchantability of 193,905 shares, but the percent of pre-transaction holdings impacted (11.7%) is supra the caller median of 8.34%, apt owed to the reduced remaining capacity. -
What is the post-transaction liquidity and imaginable aboriginal activity?
Schwartz retains astir 1.2 cardinal straight held Class A shares valued astatine $23.0 million.
| Revenue (TTM) | $1.06 billion |
| Net income (TTM) | $30.09 million |
| 1-year terms change | 37.77% |
-
Rush Street Interactive offers real-money online casino gaming, online and retail sports betting, and societal gaming services crossed the United States and Latin America.
-
The institution generates gross chiefly from gaming operations nether brands specified arsenic BetRivers.com, PlaySugarHouse.com, and RushBet.co, leveraging proprietary exertion and partnerships with land-based casinos.
-
It targets big consumers seeking regulated online casino and sports betting experiences, with a absorption connected some U.S. and Latin American markets.
.png)
English (CA) · 
English (US) · 
Spanish (MX) ·