YIH DANIEL W 4
Research Summary
AI-generated summary
Rush Street Interactive (RSI) Director Yih Daniel W Sells 50,000 Shares
What Happened
Yih Daniel W, a director of Rush Street Interactive, sold 50,000 shares in an open‑market transaction on March 9, 2026. The reported weighted average sale price was $20.14 per share, for total proceeds of approximately $1,006,755. The individual sale prices ranged from $20.097 to $20.173 per share.
Key Details
- Transaction date: March 9, 2026 (reported on Form 4 filed March 11, 2026).
- Price: weighted average $20.14; individual trades ranged $20.097–$20.173 (see footnote F1).
- Shares sold: 50,000; proceeds ≈ $1,006,755.
- Shares owned after transaction: not provided in the excerpt of the filing.
- Footnote: F1 notes the reported price is a weighted average and the reporting person will provide a per‑trade breakdown on request.
- Filing timeliness: Form 4 was filed two days after the transaction date (appears timely).
Context
This was a sale (S) executed in the open market. Sales by directors can be routine liquidity events and do not necessarily signal a change in company outlook; purchases are generally viewed as a stronger indicator of insider bullishness. No option exercises, awards, or gifts were reported in this transaction.