RSI Rush Street Interactive, Inc.
Price Chart
Executive Summary
Three top executives at Rush Street Interactive (CEO, CFO, COO) sold a combined $2.31M in open-market sales over a 3-day window, with the CEO alone selling $1.21M. This is a material cluster of insider selling at a $6.1B market cap company, representing ~0.04% of market cap — below the 0.1% threshold for materiality, but the involvement of all three C-suite officers in a tight cluster warrants attention. The historical calibration shows this segment has a net negative alpha at T+20 (-1.24%), and the model's past bullish/long calls on RSI have underperformed (25% win rate), suggesting caution.
Key Financial Metrics
Actionable Insight
The cluster of C-suite selling at similar prices ($25.44-$25.63) without any disclosed 10b5-1 plan or vesting-driven pattern raises a caution flag. Monitor for upcoming earnings or material news — the CEO's $1.21M sale is the largest single insider transaction in the cluster. Given the model's poor historical win rate on RSI (25% at T+20), avoid taking a directional position solely on this signal, but consider it as a negative data point in a broader thesis.
Key Facts
- CEO Richard Todd Schwartz sold 47,222 shares at $25.58 for $1.21M on June 1, 2026
- CFO Kyle Sauers sold 23,000 shares at $25.44 for $585K on June 3, 2026
- COO Mattias Stetz sold 20,000 shares at $25.63 for $513K on June 1, 2026
- Total open-market sales by C-suite: $2.31M over 3 days
- Director Thomas Winter had a tax withholding transaction (non-cash, 3,296 shares) on June 3
- CEO also had non-cash derivative conversions and dispositions on June 1 (no economic value)
- Market cap: $6.1B; insider sales represent ~0.04% of market cap
Financial Impact
C-suite open-market sales of $2.31M, representing ~0.04% of $6.1B market cap
Risk Factors
- Insider sales may be liquidity-driven or part of pre-arranged 10b5-1 plans not disclosed in this filing
- Historical calibration shows net negative alpha at T+20 (-1.24%) for this segment, suggesting limited predictive power
- The $2.31M total is only 0.04% of market cap — below the 0.1% materiality threshold for most institutional investors
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RSI-1780698158163 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
today
|
Institutional Cluster
| $29.32 awaiting T+1 | awaiting T+1 | — | $29.60 (+0.95%) |
|
Jun 5, 2026
7d ago
|
Insider Cluster
| $26.42 awaiting T+1 | awaiting T+1 | — | $29.60 (−12.04%) |
|
Jun 3, 2026
9d ago
|
Insider Cluster
| $26.23 $26.14 | ▼ −0.34% | ▲ +2.26% | $29.60 (+12.85%) |
|
Jun 3, 2026
9d ago
|
144
| $25.42 $26.23 | ▲ +3.19% | ▲ +2.79% | $29.60 (+16.44%) |
|
May 8, 2026
5w ago
|
DEFA14A
| $28.13 $27.51 | ▼ −2.20% | ▼ −2.07% | $29.60 (+5.23%) |
|
May 7, 2026
5w ago
|
8-K
| $27.74 $28.13 | ▲ +1.41% | ▲ +1.17% | $29.60 (+6.71%) |
|
May 6, 2026
5w ago
|
424B4
| $27.90 $27.90 | · 0.00% | ▲ +0.83% | $29.60 (−6.09%) |
|
May 6, 2026
5w ago
|
Press Release
| $27.86 $27.90 | ▲ +0.14% | ▲ +0.47% | $29.60 (+6.25%) |
|
May 4, 2026
5w ago
|
144
| $27.75 $29.17 | ▲ +5.12% | ▲ +4.32% | $29.60 (+6.67%) |
|
Apr 29, 2026
6w ago
|
Insider Cluster
| $27.98 $28.10 | ▲ +0.43% | ▼ −0.59% | $29.60 (+5.79%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access