SCHWARTZ RICHARD TODD 4

What Happened
Richard Todd Schwartz, CEO of Rush Street Interactive, sold 247,114 shares on 2026-02-04 in an open-market/private sale (reported as a sale, S). The reported weighted-average sale price was $17.61, resulting in total proceeds of approximately $4,352,518. The filing indicates the sales were made pursuant to a pre-existing 10b5-1 trading plan.

Key Details

• Transaction date: 2026-02-04.
• Shares sold: 247,114; weighted-average price: $17.61; total proceeds: ~$4,352,518.
• Price range: shares were sold in multiple transactions at prices from $16.99 to $18.36 per share (weighted average reported).
• Method/footnote: Sale pursuant to a 10b5-1 plan (F1). The filer notes the Column 4 price is a weighted average and will provide a per-price breakdown upon request (F2).
• Filing date: Accession filed 2026-02-04 (same day as transaction per report).
• Shares owned after transaction: not provided in the information you supplied.

Context
Sales executed under 10b5-1 plans are typically pre-scheduled and may be routine (e.g., diversification or liquidity) rather than a real-time signal about the CEO’s view of the company. This is a straight sale (S) rather than an exercise or award; therefore it reduces insider holdings but does not, by itself, reveal management’s future expectations.