Rush Street Interactive (NYSE: RSI) director sells 50,000 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rush Street Interactive director Daniel W. Yih reported an open-market sale of 50,000 shares of Class A Common Stock at a weighted average price of $20.1351 per share. After this sale, he directly holds 131,678 shares and indirectly holds 9,259 shares through a family trust.
The sale price reflects multiple trades between $20.097 and $20.173 per share. The filing notes that detailed trade-by-trade pricing information is available upon request from the company, its security holders, or the SEC staff.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($1,006,755)
Net Sell
2 txns
Insider
YIH DANIEL W
Role
Director
Sold
50,000 shs ($1.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50,000 | $20.1351 | $1.01M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 131,678 shares (Direct);
Class A Common Stock — 9,259 shares (Indirect, By Family Trust)
Footnotes (1)
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FAQ
What insider transaction did Daniel W. Yih report at Rush Street Interactive (RSI)?
Daniel W. Yih reported selling 50,000 shares of Rush Street Interactive Class A Common Stock in an open-market transaction. The weighted average sale price was $20.1351 per share, with individual trades executed between $20.097 and $20.173, according to the disclosed footnote.
Was the Rush Street Interactive (RSI) insider sale a market transaction?
Yes, the transaction is characterized as an open-market sale of Class A Common Stock. The Form 4 describes the code as a sale in the open market or a private transaction, with pricing provided as a weighted average across multiple executed trades that day.
Does the Rush Street Interactive (RSI) Form 4 mention multiple trade prices for the sale?
Yes, the filing notes that the 50,000 shares were sold at prices between $20.097 and $20.173. It also states that detailed information about the number of shares sold at each specific price level is available upon request from the issuer, its holders, or SEC staff.