A Form 144 notice of proposed sale was filed on November 9, 2026, disclosing that the Lori R Schwartz 2025 Gift Trust U/A DTD 03/28/2025 intends to sell 55,555 shares of common stock in Rush Street Interactive, Inc. (NYSE:RSI).

Key Highlights

  • Proposed sale: 55,555 shares of Rush Street Interactive common stock, with an aggregate market value of $682,215.40, according to the filing.
  • Approximate date of sale: November 9, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services.
  • Original acquisition: The shares were acquired on December 29, 2020, as Founders Shares from the issuer.
  • 10b5-1 plan: The filing indicates a Rule 10b5-1 plan was adopted on August 15, 2025, the date cited for the trading instruction.
  • Shares outstanding: 114,931,862 shares of common stock were outstanding as reported in the filing.
  • Relationship to issuer: The selling person is listed as both Director and Officer in relation to Rush Street Interactive, Inc.

Rush Street Interactive: Lori R Schwartz 2025 Gift Trust Proposed Share Sale Details

According to the Form 144 filing, the Lori R Schwartz 2025 Gift Trust U/A DTD 03/28/2025 proposes to sell 55,555 shares of Rush Street Interactive, Inc. common stock at an aggregate market value of $682,215.40. The filing lists the broker as Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. The securities are to be sold on the NYSE. The filing was signed by Richard Schwartz, and the notice date is November 9, 2026.

The shares proposed for sale were originally acquired on December 29, 2020, through a Founders Shares transaction from the issuer, as disclosed in the filing. The filing identifies the relationship of the person for whose account the securities are to be sold as both Director and Officer of Rush Street Interactive, Inc. The filing indicates the sale is intended to be conducted under a Rule 10b5-1 plan, with a plan adoption date of August 15, 2025.

The filing also discloses sales of Rush Street Interactive common stock during the prior three months across several related accounts. These include 10b5-1 sales attributed to the Richard T Schwartz 2024 Gift Trust, the Lori R Schwartz 2025 Gift Trust, and the Richard T Schwartz Revocable Trust U/A DTD 10/25/2024. On October 1, 2026, the Richard T Schwartz 2024 Gift Trust sold 55,555 shares for gross proceeds of $1,104,266.74, the Lori R Schwartz 2025 Gift Trust sold 55,555 shares for $1,104,266.74, and the Richard T Schwartz Revocable Trust sold 47,222 shares for $938,631.69. On September 1, 2026, those same three accounts sold 55,555, 55,555, and 47,222 shares for gross proceeds of $1,427,285.73, $1,427,285.73, and $1,213,199.29, respectively, according to the filing.

What Was Disclosed

The Form 144 notice discloses a proposed sale of 55,555 Rush Street Interactive common shares by the Lori R Schwartz 2025 Gift Trust, valued at $682,215.40, under a 10b5-1 plan adopted August 15, 2025, with a proposed sale date of November 9, 2026.