RSI - Rush Street Interactive, Inc.

Insider Sale by Schwartz Richard Todd (CEO)

1 Month
After Trade
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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.

Schwartz Richard Todd

CEO

Richard Todd Schwartz is the Chief Executive Officer and Director of Rush Street Interactive, Inc. (RSI), an online gaming and sports entertainment company operating in the United States, Canada, and Latin America through brands like BetRivers, PlaySugarHouse, and RushBet.[[1]](https://simplywall.st/stocks/us/consumer-services/nyse-rsi/rush-street-interactive/management)[[2]](https://intellectia.ai/news/stock/rush-street-interactive-ceo-schwartz-sells-158335-shares-for-3-million) Appointed CEO on August 12, 2021, with a tenure spanning approximately 13.9 years in leadership roles, he previously served as President of Rush Street Interactive and Rush Street Gaming.[[1]](https://simplywall.st/stocks/us/consumer-services/nyse-rsi/rush-street-interactive/management) At 50 years old, Schwartz earns total yearly compensation of $9.03 million, primarily from bonuses and stock options, and directly owns about 0.46% of the company's shares, valued at roughly $21-23 million.[[1]](https://simplywall.st/stocks/us/consumer-services/nyse-rsi/rush-street-interactive/management)[[5]](https://www.gurufocus.com/insider/178505/richard-todd-schwartz)[[7]](https://www.benzinga.com/sec/insider-trades/0001834345/richard-todd-schwartz) Schwartz has recently engaged in insider trading, selling significant RSI shares in multiple transactions, including 158,335 shares for $3 million and 111,112 shares for $2.14 million on January 9, 2026, under a pre-arranged 10b5-1 trading plan, while retaining approximately 1.2 million Class A shares.[[2]](https://intellectia.ai/news/stock/rush-street-interactive-ceo-schwartz-sells-158335-shares-for-3-million)[[3]](https://www.marketbeat.com/instant-alerts/rush-street-interactive-nysersi-ceo-richard-todd-schwartz-sells-111112-shares-2026-01-09/)[[4]](https://www.investing.com/news/insider-trading-news/rush-street-interactive-ceo-schwartz-sells-304-million-in-rsi-stock-93CH-4440431)[[6]](https://www.stocktitan.net/sec-filings/RSI/form-4-rush-street-interactive-inc-insider-trading-activity-4462016057a0.html) These sales occurred amid RSI's strong performance, with Q3 2025 revenue of $277.9 million (up 20% year-over-year) and raised full-year guidance to $1.11 billion.[[2]](https://intellectia.ai/news/stock/rush-street-interactive-ceo-schwartz-sells-158335-shares-for-3-million)[[3]](https://www.marketbeat.com/instant-alerts/rush-street-interactive-nysersi-ceo-richard-todd-schwartz-sells-111112-shares-2026-01-09/)

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Trade Price

$16.82

Quantity

247,114

Total Value

$4,155,247.00

Shares Owned

701,934

Trade Date

Tuesday, February 17, 2026

5 days ago

SEC Filing Date

Thursday, February 19, 2026

Filed 2 days after trade

CONSUMER CYCLICALGAMBLING

About Rush Street Interactive, Inc.

Company Overview

No company information available
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