RSI insider ownership: who sold, why, and what they still hold

What stands out

Four insiders sold $288M with no disclosed plan: Neil Bluhm ($262M), Richard Schwartz ($20.4M) and Mattias Stetz ($4.3M), plus 1 more. The filings don't state a reason.Neil Bluhm: largest such sale, May 5, 2026 · Richard Schwartz: largest such sale, May 5, 2026 · Mattias Stetz: largest such sale, May 5, 2026

Jack Markell bought 1.5K shares for $29K, first on Sep 25, 2026. These are the first by current officers or directors since Aug 31, 2022.Purchase, Sep 25, 2026

A share of stake is shown for 0 of the 7 officers and directors who sold. 14 are left out

Left out: Neil Bluhm, Richard Schwartz, Mattias Stetz, Einar Roosileht, Kyle Sauers, Judith Gold, Paul Wierbicki, Daniel Yih, Leslie Bluhm, James Gordon, Thomas Winter, Niccolo de Masi, Andrew Bluhm and Jack Markell (share of stake is being verified).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Neil Bluhm

Executive Chairman, Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$262MNo plan disclosed

Richard Schwartz

Chief Executive Officer, Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$72.3M72% planned 28% no plan disclosed

Mattias Stetz

Chief Operating Officer

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$15.9M73% planned 27% no plan disclosed

Kyle Sauers

Chief Financial Officer

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$7.7MDisclosed plan

Judith Gold

Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$2.5MDisclosed plan

All 7 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

Oct 5, 2026Kyle Sauers sold 23K shares ($467K) under a disclosed trading plan.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Kyle Sauers Chief Financial Officer	23,000	$20.31	n/a	n/a	Oct 5, 2026	Oct 5, 2026

Oct 1, 20262 executives sold 178K shares ($3.5M) under a disclosed trading plan.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Richard Schwartz Chief Executive Officer, Director	158,332	$19.88	n/a	n/a	Oct 1, 2026	Oct 5, 2026
Mattias Stetz Chief Operating Officer	20,000	$19.87	n/a	n/a	Oct 1, 2026	Oct 5, 2026

Sep 25, 2026Jack Markell bought 1.5K shares ($29K).

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Jack Markell Director	1,500	$19.35	n/a	n/a	Sep 25, 2026	Sep 25, 2026

Share-class conversions: 1 conversion, 158,332 shares Class A → Class A. A conversion is not a sale; the combined stake does not change.

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the Rush Street Interactive, Inc. CEO selling stock?

Yes. Richard Schwartz sold 3.21M shares ($72.3M) in the past 12 months, 72% of it under a trading plan disclosed in the filings.

Why are Rush Street Interactive, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 21% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 79% had no disclosed plan. A trading plan schedules sales in advance.

Are any Rush Street Interactive, Inc. insiders buying?

Yes. 1 officer or director reported 1 purchase in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold7 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Neil Bluhm Executive Chairman, Director	$262M 10.51M shares	Not confirmed share of stake is being verified. Why	No plan disclosed
Richard Schwartz Chief Executive Officer, Director	$72.3M 3.21M shares	Not confirmed share of stake is being verified. Why	72% under a disclosed plan 28% no plan disclosed
Mattias Stetz Chief Operating Officer	$15.9M 701K shares	Not confirmed share of stake is being verified. Why	73% under a disclosed plan 27% no plan disclosed
Kyle Sauers Chief Financial Officer	$7.7M 344K shares	Not confirmed share of stake is being verified. Why	Disclosed plan
Judith Gold Director	$2.5M 100K shares	Not confirmed share of stake is being verified. Why	Disclosed plan
Paul Wierbicki Chief Legal Officer, Director	$2.5M 100K shares	Not confirmed share of stake is being verified. Why	88% under a disclosed plan 12% no plan disclosed
Daniel Yih Director	$1.0M 50K shares	Not confirmed share of stake is being verified. Why	No plan disclosed

The full ownership picture0 of 14 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 13, 2025

Sold

Held Oct 13, 2026

Still held

Neil Bluhm

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Neil Bluhm are complete.

Executive Chairman, Director

n/a

−10.51M

n/a

Vesting, gifts, unvested awards and holding lines for Neil Bluhm

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Neil Bluhm are complete; balances and unit counts will be added when the check is finished.

−500Kgifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
26,738	$5.79	Mar 15, 2034	$388K
14,926	$10.70	Mar 14, 2035	$143K

Estimate: options held × ($20.31 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Richard Schwartz

Chief Executive Officer, Director

n/a

−3.21M

n/a

Vesting, gifts, unvested awards and holding lines for Richard Schwartz

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Richard Schwartz are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−698Kwithheld by the company for taxes

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
277,986	$5.79	Mar 15, 2034	$4.0M
162,637	$10.70	Mar 14, 2035	$1.6M

Estimate: options held × ($20.31 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Mattias Stetz

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Mattias Stetz are complete.

Chief Operating Officer

n/a

−701K

n/a

Vesting, gifts, unvested awards and holding lines for Mattias Stetz

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mattias Stetz are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−159Kwithheld by the company for taxes

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
62,260	$5.79	Mar 15, 2034	$904K
36,316	$10.70	Mar 14, 2035	$349K

Estimate: options held × ($20.31 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Einar Roosileht

Chief Information Officer

n/a

Vesting, gifts, unvested awards and holding lines for Einar Roosileht

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Einar Roosileht are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
62,260	$5.79	Mar 15, 2034	$904K

Estimate: options held × ($20.31 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Kyle Sauers

Chief Financial Officer

n/a

−344K

n/a

Vesting, gifts, unvested awards and holding lines for Kyle Sauers

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kyle Sauers are complete; balances and unit counts will be added when the check is finished.

−17Kgifted (net of own trusts)

−254Kwithheld by the company for taxes

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
132,556	$3.99	Sep 27, 2032	$2.2M
112,934	$5.79	Mar 15, 2034	$1.6M
66,150	$10.70	Mar 14, 2035	$636K
146,748	$3.28	Mar 15, 2033	$2.5M

Estimate: options held × ($20.31 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Judith Gold

Director

n/a

−100K

n/a

Vesting, gifts, unvested awards and holding lines for Judith Gold

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Judith Gold are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Paul Wierbicki

Chief Legal Officer, Director

n/a

−100K

n/a

Vesting, gifts, unvested awards and holding lines for Paul Wierbicki

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Paul Wierbicki are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−106Kwithheld by the company for taxes

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
32,435	$5.79	Mar 15, 2034	$471K
40,872	$3.28	Mar 15, 2033	$696K
13,851	$10.70	Mar 14, 2035	$133K

Estimate: options held × ($20.31 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Daniel Yih

Director

n/a

−50K

n/a

Vesting, gifts, unvested awards and holding lines for Daniel Yih

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Yih are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Leslie Bluhm

Director

n/a

Vesting, gifts, unvested awards and holding lines for Leslie Bluhm

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Leslie Bluhm are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

James Gordon

Director

n/a

Vesting, gifts, unvested awards and holding lines for James Gordon

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Gordon are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Thomas Winter

Director

n/a

Vesting, gifts, unvested awards and holding lines for Thomas Winter

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Winter are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−3.3Kwithheld by the company for taxes

Niccolo de Masi

Director

n/a

Vesting, gifts, unvested awards and holding lines for Niccolo de Masi

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Niccolo de Masi are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Andrew Bluhm

Director

n/a

Vesting, gifts, unvested awards and holding lines for Andrew Bluhm

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Andrew Bluhm are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Jack Markell

Director

n/a

Vesting, gifts, unvested awards and holding lines for Jack Markell

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jack Markell are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−3.4Kwithheld by the company for taxes

Holdings and share of stake for Rush Street Interactive, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$364M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $364M across 15,013,801 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $76.0M · 21%

79%

The lighter segment is sales with no plan disclosed in the filing ($288M), including tax-related sales outside a plan.

No plan disclosed · $288M

Sales with no 10b5-1 plan and no tax reference in the filing. $262M of it is Neil Bluhm. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Neil Bluhm, May 5, 2026

Taxes

1,223,408 shares ($24.3M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 1 buyer (1 trade)

1 officer or director bought shares in this period, in 1 trade(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 3 purchase trades.

Charitable gifts · 15K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Neil Bluhm Executive Chairman, Director	10.51M	$262M	0%	72%	May 5, 2026 to May 6, 2026
Richard Schwartz Chief Executive Officer, Director	3.21M	$72.3M	72%	20%	Nov 10, 2025 to Oct 1, 2026
Mattias Stetz Chief Operating Officer	701K	$15.9M	73%	4%	Nov 3, 2025 to Oct 1, 2026
Kyle Sauers Chief Financial Officer	344K	$7.7M	100%	2%	Jan 8, 2026 to Oct 5, 2026
Judith Gold Director	100K	$2.5M	100%	0.7%	Apr 8, 2026 to Apr 29, 2026
Paul Wierbicki Chief Legal Officer, Director	100K	$2.5M	88%	0.7%	Mar 23, 2026 to Jun 25, 2026
Daniel Yih Director	50K	$1.0M	0%	0.3%	Mar 9, 2026 to Mar 9, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$3.9M	$3.9M	$0	$0
Dec 2025	$4.1M	$4.1M	$0	$0
Jan 2026	$8.2M	$8.2M	$0	$0
Feb 2026	$8.9M	$8.9M	$0	$0
Mar 2026	$9.6M	$8.6M	$0	$1.0M
Apr 2026	$10.3M	$10.3M	$0	$0
May 2026	$293M	$5.7M	$0	$287M
Jun 2026	$5.4M	$5.1M	$0	$301K
Jul 2026	$6.3M	$6.3M	$0	$0
Aug 2026	$5.6M	$5.6M	$0	$0
Sep 2026	$5.2M	$5.2M	$0	$0
Oct 2026	$4.0M	$4.0M	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 7x the 5-year average. 7 insiders sold; the average is 5 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 13, 2026 Latest 12 months	15.01M	7	$364M
Oct 13, 2025 1 year earlier	5.71M	7	$84.9M
Oct 13, 2024 2 years earlier	1.11M	6	$9.1M
Oct 14, 2023 3 years earlier	827K	5	$3.2M
Oct 14, 2022 4 years earlier	1.71M	6	$10.4M
Oct 14, 2021 5 years earlier	1.29M	1	$17.5M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty14 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Rush Street Interactive, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology277 filings on record, 74 filed in the 12-month period, and how we read them

All 277 Forms 3, 4 and 5 on record for Rush Street Interactive, Inc. (SEC CIK 1793659), filed from Feb 20, 2020 to Oct 5, 2026; 74 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (6)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Gregory Carlin	Feb 22, 2023	47,780,049 shares, last reported balance as of Feb 17, 2023
Sheli Rosenberg	Jun 11, 2021	17,710 shares, last reported balance as of Jun 10, 2021
Harry You	May 28, 2021	11,425,000 shares, last reported balance as of Mar 8, 2021
Charles Wert	Feb 20, 2020	25,000 shares, last reported balance as of Feb 20, 2020
Francesca Luthi	Feb 20, 2020	25,000 shares, last reported balance as of Feb 20, 2020
Darla Anderson	Feb 20, 2020	25,000 shares, last reported balance as of Feb 20, 2020

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.

Rush Street Interactive, Inc. insiders sold $364M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Recent activity

Common questions

Is the Rush Street Interactive, Inc. CEO selling stock?

Why are Rush Street Interactive, Inc. insiders selling?

Are any Rush Street Interactive, Inc. insiders buying?

The evidence

No plan disclosed · $288M

Taxes

Purchases · 1 buyer (1 trade)

Charitable gifts · 15K shares

Sales by month