4//SEC Filing
SCHWARTZ RICHARD TODD 4
Accession 0001834345-25-000011
CIK 0001793659other
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 6:08 PM ET
Size
18.0 KB
Accession
0001834345-25-000011
Insider Transaction Report
Form 4
SCHWARTZ RICHARD TODD
DirectorChief Executive Officer
Transactions
- Conversion
Class A Common Stock
2025-12-08+172,781→ 648,726 total - Disposition to Issuer
Class V Voting Stock
2025-12-08−172,781→ 5,373,331 total - Sale
Class A Common Stock
2025-12-08$18.37/sh−134,148$2,464,500→ 514,578 total - Sale
Class A Common Stock
2025-12-09$18.82/sh−59,757$1,124,669→ 454,821 total - Conversion
Class A Common Units of Rush Street Interactive, L.P.
2025-12-08−172,781→ 5,373,331 total→ Class A Common Stock (172,781 underlying)
Holdings
- 1,168,014(indirect: By Trust)
Class V Voting Stock
- 1,168,014(indirect: By Trust)
Class A Common Units of Rush Street Interactive, L.P.
→ Class A Common Stock (1,168,014 underlying)
Footnotes (7)
- [F1]On December 8, 2025, the Reporting Person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 172,781 Class A Common Stock Units ("RSI Units") for 172,781 shares of Class A Common Stock of the Issuer, together with an equivalent number of Class V Voting Stock of the Issuer held by the Reporting Person being canceled.
- [F2]The amount is adjusted to correct an administrative error in a prior Form 4 filed by the Reporting Person, which inadvertently understated the amount of Class A Common Stock beneficially owned by 95,703 shares.
- [F3]The shares of Class V Voting Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Voting Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Voting Stock held at the time of such vote.
- [F4]Shares were sold pursuant to a 10b5-1 Plan.
- [F5]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.24 to $18.58 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.20 to $19.56 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F7]Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, beginning on June 29, 2021, the RSI Units beneficially owned by the Reporting Person may be exchanged, subject to certain conditions, for one share of Class A Common Stock of the Issuer. Upon such exchange, an equivalent number of shares of Class V Voting Stock then held by the Reporting Person will be canceled.
Documents
Issuer
Rush Street Interactive, Inc.
CIK 0001793659
Entity typeother
Related Parties
1- filerCIK 0001834345
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 6:08 PM ET
- Size
- 18.0 KB