Rush Street Interactive, Inc. has recently filed a Form 144, revealing that Kyle Sauers, an officer of the company, intends to sell 23,000 shares of Class A stock. This filing is significant as it underscores the company's ongoing stock transactions and the financial activities of its executives.

Background

Rush Street Interactive, Inc. is categorized under the SIC code 7990, which pertains to Services-Miscellaneous Amusement & Recreation. The company trades on the New York Stock Exchange under the ticker symbol RSI. The firm is classified as a large accelerated filer and is based in Chicago, Illinois.

What the Filing Says

The Form 144 filed on November 3, 2026, indicates that Kyle Sauers plans to sell 23,000 shares of Class A stock. The aggregate market value of the shares is reported to be $276,000. The shares were acquired through restricted stock vesting, with the most recent acquisition date being September 27, 2025.

Impact

This filing may affect various stakeholders, including investors and market analysts, who are monitoring stock movements and executive transactions. The sale could influence investor sentiment towards Rush Street Interactive and its competitors in the amusement and recreation sector.

What's Next

The filing does not say what happens next.

Recent Sales by Kyle Sauers

In addition to the upcoming sale of 23,000 shares, Kyle Sauers has engaged in multiple transactions involving the sale of Class A stock within the past three months. Notably, he sold 23,000 shares on August 3, 2026, for gross proceeds of $612,950, and another 23,000 shares on September 3, 2026, generating $610,880. A further sale of 23,000 shares occurred on October 5, 2026, yielding $467,130.

Brokerage Information

The shares are being sold through Fidelity Brokerage Services LLC, which is based in Smithfield, Rhode Island. This brokerage is responsible for facilitating the transaction and ensuring compliance with SEC regulations.

Acquisition Details

Kyle Sauers acquired the shares he intends to sell through restricted stock vesting, with significant acquisitions occurring on March 15, 2025, and September 27, 2025. The total number of shares acquired through these transactions amounts to 23,000 shares, which reflects his compensation as an officer of the company.

Outstanding Shares

As of the filing date, there are a total of 114,931,862 shares of Class A stock outstanding. This figure is crucial for understanding the potential impact of Sauers' sales on the overall market supply and demand dynamics for Rush Street Interactive's stock.

Signature and Authorization

The Form 144 was signed by Jennifer Ruchti, acting as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Kyle L. Sauers, indicating that the transaction is being conducted in accordance with proper authorization.