Richard Todd Schwartz, chief executive officer of Rush Street Interactive (RSI), has filed 73 Form 4 transactions with the SEC, all in that single company. The pattern is heavily one-sided. His total open-market sales amount to $66.47 million, while his open-market purchases total zero. The remainder of his activity consists of option exercises and conversions valued at $26.06 million, plus shares returned to the issuer and shares withheld for taxes, both of which carry no cash value.
The recent trajectory shows a steady monthly cadence of selling. On October 1, 2026, Schwartz sold RSI shares in two transactions worth $1.10 million and $938,632. September 1 brought sales of $1.43 million and $1.21 million. August 3 saw sales of $1.56 million and $1.32 million. July 1 had sales of $1.73 million and $1.47 million. June 1 added a single sale of $1.42 million. That is nine open-market sales in the last five months, totaling roughly $12.2 million, with no purchases in the same window.
Each monthly filing also includes conversions and returns to the issuer with zero dollar values, which are mechanical steps tied to equity compensation rather than discretionary trades. The consistent monthly sales, the absence of any buy-side activity, and the concentration in a single ticker describe a CEO who is a regular seller of RSI stock. The dollar amounts have drifted downward from the July peak of $1.73 million to the October figure of $1.10 million, though the selling itself has not stopped.
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