BLUHM NEIL 4

What Happened
Neil Bluhm, a reported 10% owner of Rush Street Interactive, was awarded two restricted stock unit (RSU) grants on March 14, 2026: 15,935 RSUs and 31,870 RSUs (total 47,805 RSUs). Both grants were reported as acquisition code A (award/grant) at $0.00 per share (i.e., RSUs issued, no cash purchase). These are compensation-type awards rather than open-market purchases or sales.

Key Details

• Transaction date: March 14, 2026; Form 4 filed March 17, 2026 (filed within the standard reporting window).
• Grants and amounts: 15,935 RSUs (grant A) and 31,870 RSUs (grant A); combined 47,805 RSUs. Reported acquisition price: $0.00.
• Vesting: the 15,935 RSUs vest in three equal annual installments beginning on the first anniversary of the grant (per footnote F1). The 31,870 RSUs were awarded in lieu of base salary for fiscal 2026 and vest as of the issuer’s next annual meeting in 2027 (per footnote F2).
• Shares owned after the transaction: not specified in the provided filing details.
• Transaction code: A = Award/Grant. No sale or purchase (P/S) reported.

Context

• RSUs are compensation awards that convert to shares upon vesting; they are not immediate market purchases and do not signal an immediate buy/sell action. One grant is a multi-year service-vested award; the other replaces base salary and vests at the next annual meeting.
• As a 10% owner, Bluhm’s holdings reflect significant insider ownership; these awards are part of compensation and salary arrangements rather than opportunistic trading.