CEO of Top Online Casino And Sports Betting Company Sells 247k Shares for $44M

2 weeks ago 12

Adé Hennis, The Motley Fool

Mon, February 16, 2026 astatine 2:25 AM CST 3 min read

On Feb. 4, 2026, Richard Todd Schwartz, Chief Executive Officer of Rush Street Interactive (NYSE:RSI), executed an open-market merchantability of 247,114 straight held shares, totaling astir $4.4 cardinal successful transaction value, according to a SEC Form 4 filing.

Metric

Value

Shares sold (direct)

247,114

Transaction value

$4,352,517.73

Post-transaction shares (direct)

949,048

Post-transaction worth (direct ownership)

$16.6 million

Transaction worth based connected SEC Form 4 reported terms ($17.61); post-transaction worth based connected Feb. 4, 2026 closing price.

  • How does the standard of this transaction comparison to Schwartz’s humanities trading activity?
    This was Schwartz’s largest azygous open-market sale, exceeding his anterior median merchantability size of 193,900 shares.

  • What interaction does this merchantability person connected Schwartz’s remaining nonstop ownership successful Rush Street Interactive?
    Following this transaction, Schwartz’s nonstop holdings decreased to 949,048 shares, astir 0.97% of the company’s outstanding shares.

Metric

Value

Revenue (TTM)

$1,063.70 million

Net income (TTM)

$30.09 million

Employees

883

1-year terms change

3.55%

* 1-year terms alteration calculated utilizing Feb. 4, 2026 arsenic the notation date.

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.

Rush Street Interactive’s Q4 net study for FY2025 is coming up soon connected Feb. 17, 2026, and galore expect the institution to station affirmative numbers if looking backmost astatine its erstwhile 4th and performances among its peers wrong the casino and online betting industry.

In Q3 2025, Rush Street bushed analysts’ gross expectations by 4.3%, generating $277.91 million. It marked the tenth consecutive 4th successful which the institution has improved revenue.

Other companies wrong the casino and betting manufacture person besides reported affirmative results successful their caller net reports. This includes DraftKings and Hasbro, 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 portion it looks poised for semipermanent growth, particularly with the online betting manufacture presently booming, investors whitethorn privation to hold until the upcoming net study earlier making important concern decisions.

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

Read Entire Article