Trade Summary
5 days ago, Schwartz Richard Todd, serving as CEO at Rush Street Interactive, Inc. (RSI), sold 247,114 shares at $16.82 per share, for a total transaction value of $4,155,247.00. Following this transaction, Schwartz Richard Todd now holds 701,934 shares of RSI.
This sale represents a 26.00% decrease in Schwartz Richard Todd's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, February 17, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, February 19, 2026, 2 days after the trade was made.
Rush Street Interactive, Inc. operates in the CONSUMER CYCLICAL sector, specifically within the GAMBLING industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.