RSI Insider Sells $1.1 Million as Revenue Hits $1.1 Billion and Stock Doubles

1 week ago 5

Jonathan Ponciano, The Motley Fool

Wed, April 22, 2026 astatine 9:53 AM CDT 4 min read

On April 17, 2026, Judith Gold, a manager astatine Rush Street Interactive (NYSE:RSI), disclosed the indirect merchantability of 48,286 Class A Common Stock shares—converted from concern units instantly anterior to sale—for a full information of astir $1.11 million, according to an SEC Form 4 filing.

Metric

Value

Shares sold (indirect)

48,286

Transaction value

$1.1 million

Post-transaction shares (direct)

119,597

Post-transaction worth (direct ownership)

~$2.74 million

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($23.07); post-transaction worth based connected April 17, 2026 marketplace adjacent ($23.07).

  • How does the transaction size comparison to Gold’s humanities selling cadence?
    With 48,286 shares sold, this lawsuit falls beneath her humanities mean sell-only commercialized size of astir 88,000 shares.

  • What was the mechanics for the stock merchantability and what does it bespeak astir liquidity strategy?
    The shares were converted from Class A Common Units of Rush Street Interactive, L.P. (via the Kotcher Trust) and instantly sold arsenic Class A Common Stock, demonstrating regular liquidity absorption done derivative conversions nether a 10b5-1 plan.

  • Does this commercialized materially change Gold’s wide vulnerability to Rush Street Interactive?
    While her indirect Class A Common Stock presumption was reduced to zero, Gold retains 119,597 Class A shares straight and maintains important indirect vulnerability done 125,083 Class V Voting Stock and 125,083 Class A Common Units, some convertible to Class A Common Stock.

  • What is the valuation discourse for this transaction comparative to caller terms performance?
    The transaction was executed astatine astir $23.07 per share, with Rush Street Interactive banal having appreciated 100% implicit the past twelvemonth arsenic of April 17, 2026, providing a favorable situation for liquidity events.

Metric

Value

Revenue (TTM)

$1.13 billion

Net income (TTM)

$33.31 million

1-year terms change

100%

* 1-year terms alteration calculated arsenic of marketplace adjacent April 17, 2026.

  • RSI offers real-money online casino, online and retail sports betting, and societal gaming services nether brands specified arsenic BetRivers.com, PlaySugarHouse.com, and RushBet.co.

  • The steadfast generates gross from real-money online casino, online and retail sports betting, and societal gaming services, utilizing a multi-brand strategy crossed the United States and Latin America.

  • It operates successful the United States and Latin America, offering real-money online casino and sports betting services.

Rush Street Interactive is simply a starring relation successful the online casino and sports betting industry, with a beingness successful some the United States and Latin America. The company’s strategy centers connected proprietary technology, marque diversification, and regulatory compliance to thrust maturation and seizure marketplace stock successful expanding integer gaming markets. Its competitory borderline lies successful a afloat suite of gaming products and a scalable level that appeals to a wide lawsuit basal seeking secure, real-money online gaming experiences.

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