Traders should monitor for potential downward pressure on RSI shares, especially if more selling follows. CEO selling near the top end of recent price range raises concerns about internal confidence in near-term prospects despite no public negative catalyst.
Price Chart
Executive Summary
Two corporate insiders at Rush Street Interactive sold shares in the open market within a 2-day window, including CEO Richard Todd Schwartz who sold $1.4M worth of stock. The total cluster value of $2.51M represents 0.05% of market cap and includes only open-market sales with no cash proceeds from derivative exercises.
Key Financial Metrics
Key Facts
- CEO Richard Todd Schwartz sold 61,765 shares at $22.5963 for proceeds of $1,395,660.47 on April 16, 2026.
- Director Judith Gold sold 48,286 shares at $23.071 for proceeds of $1,114,006.31 on April 17, 2026.
- Both transactions were open-market sales (Form 4 codes 'S'), not tax-related or derivative settlements.
- Total value of the cluster is $2.51 million, representing 0.05% of the company's $5.3B market capitalization.
- No recent material filings (e.g., restatements, restructuring) or news explain this coordinated selling.
Financial Impact
$2.51 million in open-market share sales by two insiders
Risk Factors
- Insider selling may signal lack of confidence in near-term valuation or upcoming results.
- Concentrated selling by top leadership could spook retail investors or influence sentiment ahead of earnings.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RSI-1776459856293 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Insider Cluster | $26.68 $27.02 | ▲ +1.27% | ▲ +1.82% | $20.01 (−25.00%) |
Sep 3, 2026 29d ago | 144 | $26.77 $26.68 | ▼ −0.34% | ▲ +0.05% | $20.01 (−25.25%) |
Aug 5, 2026 8w ago | Insider Cluster | $25.92 $25.08 | ▼ −3.24% | ▼ −3.08% | $20.01 (−22.80%) |
Jul 8, 2026 12w ago | Insider Cluster | $32.63 $33.40 | ▲ +2.36% | ▲ +1.93% | $20.01 (−38.68%) |
Jul 8, 2026 12w ago | Press Release | $32.63 $33.40 | ▲ +2.36% | ▲ +1.93% | $20.01 (−38.68%) |
Jul 6, 2026 12w ago | 144 | $32.22 $32.31 | ▲ +0.28% | ▲ +0.75% | $20.01 (−37.90%) |
Jul 2, 2026 13w ago | Insider Cluster | $31.68 $32.22 | ▲ +1.70% | ▲ +0.83% | $20.01 (−36.84%) |
Jun 12, 2026 16w ago | Institutional Cluster | $29.60 $30.12 | ▲ +1.76% | ▼ −0.01% | $20.01 (−32.40%) |
Jun 5, 2026 17w ago | Insider Cluster | $26.14 $27.59 | ▼ −5.55% | ▼ −5.84% | $20.01 (+23.45%) |
Jun 3, 2026 17w ago | Insider Cluster | $26.23 $26.14 | ▼ −0.34% | ▲ +2.26% | $20.01 (−23.71%) |
US Market Status
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