The insider selling is too small in dollar terms to warrant a bearish read-through. Monitor the next quarterly filing for any fundamental deterioration, but this cluster alone does not justify a trading action. The company's analyst consensus remains 87% bullish, and prior insider activity over 30 days totaled $4.6M in sales—consistent with routine diversification.
Price Chart
Executive Summary
Three C-suite insiders at Rush Street Interactive (CEO, CFO, COO) sold a combined $2.82M in open-market transactions over a one-week window. However, the total value represents only ~0.04% of the company's $7.5B market cap, making this a trivial cluster by proportionality standards. Insider sales are weak predictors of future returns, and the dollar amount is too small to convey a material bearish signal.
Key Financial Metrics
Key Facts
- CEO Richard Todd Schwartz sold 47,200 shares at $31.21 for $1.47M on 2026-07-01
- CFO Kyle Sauers sold 23,000 shares at $31.53 for $725K on 2026-07-06
- COO Mattias Stetz sold 20,000 shares at $31.22 for $624K on 2026-07-01
- Total insider sales of $2.82M represent only 0.04% of RSI's $7.5B market cap
- All three transactions were open-market sales (code S), not tax-withholding or derivative exercises
Financial Impact
Total insider sales of $2.82M, negligible relative to $7.5B market cap
Risk Factors
- Insider selling could accelerate if insiders perceive headwinds, but current volume is immaterial
- Any upcoming earnings miss could amplify the significance of this selling pattern in hindsight
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-1783549129971 |
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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