Monitor for further insider selling or commentary around earnings; coordinated C-suite sales may indicate reduced conviction ahead of potential headwinds in the online gaming sector or company-specific challenges.
Price Chart
Executive Summary
Two C-suite executives at Rush Street Interactive — the Chief Legal Officer and Chief Operating Officer — sold shares in a coordinated open-market transaction cluster totaling $1.086 million over two days. The sales represent a modest but notable insider selling event, with both executives reducing holdings at prices around $22 per share.
Key Financial Metrics
Key Facts
- Chief Legal Officer Paul Wierbicki sold 30,000 shares in two transactions (15,000 on 3/23 at $21.05 and 15,000 on 3/24 at $22.00), totaling $645,816
- Chief Operating Officer Mattias Stetz sold 20,000 shares on 3/24 at $22.0231, totaling $440,462
- All transactions were open-market sales (Form 4 code 'S') — not driven by tax events, grants, or derivatives
- Total cluster value: $1,086,278 in open-market selling by C-suite executives
- Selling represents ~0.021% of RSI's $5.1B market cap — modest in scale but concentrated among top executives
Financial Impact
$1.086 million in open-market share sales by C-suite insiders
Risk Factors
- Perception of insider pessimism given both transactions were open-market sales, not mandatory or tax-related
- Concentration of selling among senior executives increases signal strength compared to board-level trades
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-RSI-1774476048287 |
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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