YIH DANIEL W 4
Research Summary
AI-generated summary
Rush Street Interactive Director Yih Daniel Receives 7,968 RSU Award
What Happened
- Yih Daniel W, a director of Rush Street Interactive, Inc. (RSI), was granted 7,968 restricted stock units (RSUs) on March 14, 2026. The reported acquisition price is $0.00, indicating these were a compensation award rather than a purchase.
- The RSUs vest as of the issuer's next annual meeting of stockholders, scheduled for calendar year 2027. The grant does not represent an immediate sale or cash transaction.
Key Details
- Transaction date: March 14, 2026; Form 4 filed March 17, 2026.
- Transaction type/code: Award/Grant (A); 7,968 RSUs granted at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: RSUs were awarded under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan, as amended; vesting tied to the 2027 annual meeting.
- No 10b5-1 plan, tax withholding, or cashless exercise indicated in the filing.
Context
- RSUs are a common form of director compensation giving the recipient the right to receive shares upon vesting; they are not an open-market purchase or sale and therefore are a limited signal of the director’s market view.
- Because the RSUs vest in 2027, the director will only receive shares (and could then sell or hold them) once the vesting condition is satisfied.