Sauers Kyle 4

What Happened Kyle Sauers, Chief Financial Officer of Rush Street Interactive (RSI), sold 23,000 shares of the company's common stock in an open-market transaction on April 6, 2026. The shares were disposed at $22.62 each, generating gross proceeds of approximately $520,260. The filing notes the sale was made pursuant to a 10b5-1 trading plan.

Key Details

• Transaction date: 2026-04-06; Filing date (Form 4): 2026-04-08 (Accession: 0001588894-26-000008) — appears to be filed within the usual 2-business-day window.
• Trade type/code: Sale (S), open market or private sale.
• Price and quantity: 23,000 shares at $22.62 per share; total ≈ $520,260.
• Footnote: Sale executed under a 10b5-1 plan (prearranged trading plan).
• Shares owned after transaction: Not reported in the information provided.

Context Sales by executives can be routine (e.g., diversification, planned liquidity) especially when done under 10b5-1 plans, which set trades in advance and help avoid timing concerns. This report documents a routine disposition rather than a purchase; it does not by itself indicate management’s view of the company’s prospects.