SCHWARTZ RICHARD TODD 4
4 · Rush Street Interactive, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Rush Street Interactive (RSI) CEO Richard Todd Schwartz Sells 247,114 Shares
What Happened
Richard Todd Schwartz, CEO of Rush Street Interactive (RSI), sold 247,114 shares in an open-market/private sale on February 17, 2026. The reported weighted-average sale price was $16.82 per share, for total proceeds of approximately $4,155,247. This was a sale (not a purchase); such sales are often routine dispositions.
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely).
- Shares sold: 247,114; weighted-average price: $16.82; total proceeds: ~$4.16M.
- Price range: shares were sold in multiple transactions at prices from $16.09 to $17.06 per share (weighted average reported).
- Footnotes: F1 — shares were sold pursuant to a pre-established 10b5-1 trading plan; F2 — weighted-average price shown, and the filer will provide per-price breakdown on request.
- Shares owned after the transaction: not specified in the details provided.
Context
Sales executed under a 10b5-1 plan are pre-arranged and scheduled trades, which can make them less indicative of immediate insider sentiment. This filing reports a straightforward sale of common stock (code S); no options were exercised and no awards or gifts were involved.
Insider Transaction Report
Form 4
SCHWARTZ RICHARD TODD
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-02-17$16.82/sh−247,114$4,155,247→ 701,934 total
Footnotes (2)
- [F1]Shares were sold pursuant to a 10b5-1 Plan.
- [F2]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $16.09 to $17.06 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.
Signature
/s/ Kyle Sauers as Attorney-in-fact|2026-02-19