Richard Todd Schwartz - Mar 28, 2025 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Role
Chief Executive Officer, Director
Signature
/s/ Kyle Sauers as Attorney-in-fact
Stock symbol
RSI
Transactions as of
Mar 28, 2025
Transactions value $
$0
Form type
4
Date filed
4/1/2025, 06:06 PM
Previous filing
Mar 28, 2025
Next filing
Apr 10, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSI Class V Voting Stock Gift $0 -1.17M -100% $0.00 0 Mar 28, 2025 By Spouse F1
transaction RSI Class V Voting Stock Gift $0 +1.17M $0.00 1.17M Mar 28, 2025 By Irrevocable Trust F2
holding RSI Class V Voting Stock 1.17M Mar 28, 2025 By Trust
holding RSI Class V Voting Stock 5.74M Mar 28, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RSI Class A Common Units of Rush Street Interactive, L.P. Gift $0 +1.17M $0.00 1.17M Mar 28, 2025 Class A Common Stock 1.17M By Irrevocable Trust F2, F3
transaction RSI Class A Common Units of Rush Street Interactive, L.P. Gift $0 -1.17M -100% $0.00 0 Mar 28, 2025 Class A Common Stock 1.17M By Spouse F3, F4
holding RSI Class A Common Units of Rush Street Interactive, L.P. 1.17M Mar 28, 2025 Class A Common Stock 1.17M By Trust F3
holding RSI Class A Common Units of Rush Street Interactive, L.P. 5.74M Mar 28, 2025 Class A Common Stock 5.74M Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For estate planning purposes, the Reporting Person's spouse gifted shares of Class V Voting Stock of the Issuer to an irrevocable trust for the benefit of the Reporting Person and his children, of which the Reporting Person is the trustee.
F2 The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such securities are beneficially owned by the Reporting Person for Section 16 or any other purpose.
F3 Pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, L.P. ("RSI LP"), beginning on June 29, 2021, the Class A Common Units of RSI LP ("RSI Units") beneficially owned by the reporting person may be exchanged, subject to certain conditions, for one share of Class A Common Stock of the Issuer. Upon such exchange, an equivalent number of shares of Class V Voting Stock then held by the reporting person will be canceled.
F4 For estate planning purposes, the Reporting Person's spouse gifted RSI Units to an irrevocable trust for the benefit of the Reporting Person and his children, of which the Reporting Person is the trustee.