A Form 144 notice of proposed sale was filed on November 9, 2026, disclosing that the Richard T Schwartz Revocable Trust U/A DTD 10/25/2024 intends to sell 47,222 shares of Rush Street Interactive Inc common stock on the NYSE under a Rule 10b5-1 plan.

Key Highlights

  • Seller: Richard T Schwartz Revocable Trust U/A DTD 10/25/2024, associated with an individual listed as both Director and Officer of the issuer.
  • Proposed sale: 47,222 shares of Rush Street Interactive Inc common stock, with an aggregate market value of $579,886.16.
  • Shares outstanding: 114,931,862 shares of common stock reported outstanding at the time of notice.
  • Original acquisition: The 47,222 shares were acquired on 12/29/2020 as Founders Shares from the issuer.
  • 10b5-1 plan date: The plan was adopted on 08/15/2025, according to the filing.
  • Prior 3-month sales: Six aggregated 10b5-1 sales across related trusts occurred on 09/01/2026 and 10/01/2026, totaling shares sold across multiple trust accounts and gross proceeds including $1,213,199.29 and $938,631.69 for the same revocable trust on those respective dates.

Rush Street Interactive Insider Trust Proposes Rule 144 Share Sale

According to the Form 144 filing, the Richard T Schwartz Revocable Trust U/A DTD 10/25/2024 has provided notice of a proposed sale of 47,222 shares of Rush Street Interactive Inc (NYSE:RSI) common stock. The approximate date of sale listed in the filing is 11/09/2026, with Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, named as the broker. The aggregate market value of the shares to be sold is listed as $579,886.16.

The filing discloses that the shares to be sold were originally acquired on 12/29/2020 as Founders Shares from the issuer, with payment dated 12/29/2020 and the nature of payment listed as "N/A." The notice was signed by Richard Schwartz and is filed in reliance on a Rule 10b5-1 written trading plan adopted on 08/15/2025.

The filing also reports sales during the past three months across several related trust accounts. On 09/01/2026, the Richard T Schwartz Revocable Trust sold 47,222 shares for gross proceeds of $1,213,199.29, and on 10/01/2026, it sold an additional 47,222 shares for gross proceeds of $938,631.69. Additional 10b5-1 sales on those same dates were made by the Lori R Schwartz TTEE Richard T Schwartz 2024 Gift Trust and the Richard T Schwartz TTEE Lori R Schwartz 2025 Gift Trust U/A DTD 03/28/2025, each selling 55,555 shares per transaction, with gross proceeds of $1,427,285.73 and $1,104,266.74, respectively, per transaction date.

What Was Disclosed

The Form 144 notice discloses a proposed sale of 47,222 Rush Street Interactive common shares by the Richard T Schwartz Revocable Trust under a 10b5-1 plan adopted 08/15/2025, along with six prior related-trust sales occurring in September and October 2026.