GOLD JUDITH 4
4 · Rush Street Interactive, Inc. · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
Rush Street Interactive (RSI) Director Judith Gold Sells 50,000 Shares
What Happened
- Judith Gold, a director of Rush Street Interactive, sold 50,000 shares of Class A common stock on April 29, 2026. The weighted-average sale price was $27.58 per share, resulting in proceeds of approximately $1,379,090.
- The sale followed a conversion/exchange of 50,000 Class A Common Stock Units (RSI Units) into 50,000 shares of Class A common stock (the reporting person’s spouse effected the exchange under the RSI LP agreement), and an equivalent number of Class V Voting Stock held by the spouse was canceled. The sale was conducted pursuant to a prearranged 10b5-1 plan.
Key Details
- Transaction date: April 29, 2026. Weighted-average sale price: $27.58; reported price range across trades: $26.51–$28.25. Total proceeds ≈ $1,379,090. (See footnote F5 for per-trade breakdown upon request.)
- Transaction types reported: conversion of derivative/unit into shares, cancellation of Class V voting shares, and open-market sale (S code). One entry shows conversion as a derivative disposition (C/D entries).
- Sale executed under a 10b5-1 plan (footnote F4), indicating preplanned sales rather than ad-hoc trading.
- The conversion was effected by the reporting person’s spouse under the RSI LP agreement (footnote F1); Class V voting shares have voting but no economic rights (footnote F3).
- The filing does not specify the reporting person’s total shares owned after the transactions.
Context
- The core mechanics: certain partnership units were exchanged for common shares (per the LP agreement), then shares were sold on the open market under a 10b5-1 plan. Conversions of units and cancellation of related Class V voting shares are administrative steps that can precede sales.
- Because the sale was under a 10b5-1 plan and resulted from a unit exchange by the spouse, this filing documents a routine monetization of converted units rather than indicating insider acquisition interest. No late filing is indicated in this report.
Insider Transaction Report
Form 4
GOLD JUDITH
Director
Transactions
- Conversion
Class A Common Stock
[F1][F2]2026-04-29+50,000→ 50,000 total(indirect: By Trust) - Disposition to Issuer
Class V Voting Stock
[F1][F3][F2]2026-04-29−50,000→ 75,083 total(indirect: By Trust) - Sale
Class A Common Stock
[F4][F5][F2]2026-04-29$27.58/sh−50,000$1,379,090→ 0 total(indirect: By Trust) - Conversion
Class A Common Units of Rush Street Interactive, L.P.
[F6][F2]2026-04-29−50,000→ 75,083 total(indirect: By Trust)→ Class A Common Stock (50,000 underlying)
Holdings
- 119,597
Class A Common Stock
Footnotes (6)
- [F1]On April 29, 2026, the reporting person's spouse exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 50,000 Class A Common Stock Units ("RSI Units") for 50,000 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's spouse being canceled.
- [F2]Consists of securities held by the Daniel S. Kotcher Revocable Trust u/t/a dated December 7, 2012 (the "Kotcher Trust"). The reporting person is a beneficiary of the Kotcher Trust and may be deemed to have a beneficial ownership interest with respect to the securities held thereby, and the reporting person's husband, Daniel Kotcher, serves as trustee of the Kotcher Trust and exercises sole voting and investment control over such securities. The reporting person disclaims beneficial ownership of the securities held by the Kotcher Trust except to the extent of her actual pecuniary interest therein.
- [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 $26.51 to $28.25 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]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.
Signature
/s/ Kyle Sauers as Attorney-in-fact|2026-04-29