Richard Todd Schwartz, Chief Executive Officer of Rush Street Interactive (NYSE:RSI)reported the sale of 247,114 shares of Common Stock for a total consideration of ~$4.16 million in Feb. 17, 2026, according to an SEC Form 4 filing.
|
Metric |
Price |
|---|---|
|
Shares sold (direct) |
247,114 |
|
Transaction amount |
$4.16 million |
|
Post-trade shares (direct) |
701,934 |
|
Post-transaction value (direct ownership) |
$11.89 million |
Transaction amount based on SEC Form 4 reported amount ($16.82); post-work value based on Feb. 17, 2026 market close ($16.94).
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What is the size of this sale compared to Schwartz’s recent transaction history?
This transaction is related to Schwartz’s large sale, in which he sold a specific amount of shares on Feb. 4. -
What percentage of Schwartz’s remaining inventory accounted for these sales, and how has volume impacted recent trade sizes?
This transaction accounted for 26.0% of Schwartz’s direct assets prior to the sale.
|
Metric |
Price |
|---|---|
|
Revenue (TTM) |
$1.13 billion |
|
Total revenue (TTM) |
$33.31 million |
|
Employees |
912 |
|
1 year price change (Feb. 28, 2026) |
48.50% |
Rush Street Interactive operates as an online casino and sports betting company in the United States and Latin America. The company markets its online casino and sports betting services under the BetRivers.com, PlaySugarHouse.com, and RushBet.co brands.
In fiscal Q3 2025, Rush Street had its tenth consecutive quarter of improved revenue, beating analysts’ expectations by 4.3%. Many expected the company to deliver another successful Q4 earnings report, and on Feb. 17, 2026, really delivered.
Quarterly revenue grew again, and annual revenue topped $1 billion for the first time. Annual earnings per share (EPS) grew nearly 973% year-over-year (YoY). The growth is huge compared to previous years, when the company was operating with net profit and EPS deficit.
Other companies within the casino and betting industry also reported positive results in their latest earnings reports. This includes The Kings Are Not Prepared (NASDAQ:DKNG)again Hasbro (NASDAQ:HAS)historically known as a toy manufacturer, but in July 2025, it began to enter the online casino industry with several licensing deals.
RSI stock is up nearly 40% in 2025, and after a strong close to its fiscal year, it looks poised for long-term growth, especially as the online betting industry is booming right now.
Before buying stock in Rush Street Interactive, consider the following:
