Rush Street Interactive CEO Sells Nearly 250k Shares For Over $40M

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Richard Todd Schwartz, Chief Executive Officer of Rush Street Interactive (NYSE:RSI), reported the merchantability of 247,114 shares of Common Stock for a full information of ~$4.16 cardinal connected Feb. 17, 2026, according to a SEC Form 4 filing.

Metric

Value

Shares sold (direct)

247,114

Transaction value

$4.16 million

Post-transaction shares (direct)

701,934

Post-transaction worth (direct ownership)

$11.89 million

Transaction worth based connected SEC Form 4 reported terms ($16.82); post-transaction worth based connected Feb. 17, 2026 marketplace adjacent ($16.94).

  • How does the size of this merchantability comparison to Schwartz’s caller transaction history?
    This transaction ties for Schwartz’s largest sale, successful which helium sold the nonstop fig of shares connected Feb. 4.

  • What percent of Schwartz’s remaining nonstop holdings does this merchantability represent, and however has capableness influenced caller commercialized sizes?
    This transaction accounted for 26.0% of Schwartz’s nonstop holdings instantly anterior to the sale.

Metric

Value

Revenue (TTM)

$1.13 billion

Net income (TTM)

$33.31 million

Employees

912

1-year terms alteration (Feb. 28, 2026)

48.50%

Rush Street Interactive operates arsenic an online casino and sports betting institution successful the United States and Latin America. The institution markets its online casino and sports betting services nether the BetRivers.com, PlaySugarHouse.com, and RushBet.co brands.

In Q3 fiscal twelvemonth 2025, Rush Street had its tenth consecutive 4th of improved revenue, beating analysts’ gross expectations by 4.3%. Many expected the institution would present different palmy net study for Q4, and connected Feb. 17, 2026, it so did.

Quarterly gross grew yet again, and yearly gross reached $1 cardinal for the archetypal time. Its yearly net per stock (EPS) grew astir 973% twelvemonth implicit twelvemonth (YoY). The maturation is important compared to erstwhile years, erstwhile the institution consistently operated astatine a nett income and EPS deficit.

Other companies wrong the casino and betting manufacture person besides reported affirmative results successful their caller net reports. This includes DraftKings (NASDAQ:DKNG), and Hasbro (NASDAQ:HAS), which is historically known arsenic a artifact manufacturer, but successful July 2025, began venturing into the online casino manufacture with aggregate licensing deals.

RSI banal roseate astir 40% successful 2025, and aft a beardown adjacent to its fiscal year, it looks poised for semipermanent growth, particularly arsenic the online betting manufacture presently booms.

Before you bargain banal successful Rush Street Interactive, see this:

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