Markell Jack A. 4
4 · Rush Street Interactive, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Rush Street Interactive (RSI) Director Jack Markell Withholds 3,406 Shares for Taxes
What Happened
Jack Markell, a director of Rush Street Interactive, had 3,406 shares withheld on June 3, 2026 to satisfy tax withholding related to the vesting and net settlement of previously granted restricted stock units. The filing reports those shares at $25.42 per share, a reported disposition value of $86,581. This was a tax-withholding/net settlement action, not an open-market sale.
Key Details
- Transaction date and price: 2026-06-03; 3,406 shares at $25.42 each (reported value $86,581).
- Transaction type/code: F — shares withheld to satisfy tax withholding obligations (net settlement).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: The withheld shares were retained by the issuer to meet income tax withholding and remittance obligations tied to vesting of previously disclosed RSUs and do not represent a sale by the reporting person (F1).
- Filing: Reported on Form 4 filed 2026-06-05 (timely based on the Form 4 filing date).
Context
This was a routine tax-withholding/net settlement of restricted stock units (RSUs). Unlike an open-market sale, withheld shares to cover taxes are standard administrative actions and do not necessarily indicate the insider's view on the company. For investors, purchases or open-market sales are typically more informative about insider sentiment than tax withholding events.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-06-03$25.42/sh−3,406$86,581→ 17,383 total
Footnotes (1)
- [F1]Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's previously disclosed restricted stock units and does not represent a sale by the Reporting Person.