Insider Trading April 2, 2026

Rush Street Interactive COO Disposes $441,444 in Shares

Mattias Stetz sells 20,000 RSI shares under a 10b5-1 plan as the stock trades near its 52-week high

By Maya Rios RSI
Rush Street Interactive COO Disposes $441,444 in Shares
RSI

Rush Street Interactive Chief Operating Officer Mattias Stetz sold 20,000 Class A shares on April 1, 2026, generating proceeds of $441,444 at a weighted average price of $22.0722. The trade, carried out under a pre-arranged 10b5-1 plan, occurred as RSI traded close to a 52-week high of $22.80 following a nearly 99% gain over the past year. Stetz continues to hold significant direct and indirect stakes in the company. Analysts remain generally positive on the shares, citing strong user growth and favorable strategic positioning.

Key Points

  • COO Mattias Stetz sold 20,000 Class A shares on April 1, 2026, at a weighted average price of $22.0722, totaling $441,444.
  • The trade was executed under a pre-arranged 10b5-1 trading plan; post-sale Stetz directly owns 237,874 shares and indirectly owns 125,448 shares via spouse.
  • RSI is trading near its 52-week high of $22.80 after a roughly 99% gain over the past year, while analysts cite strong iGaming user growth and positive strategic positioning.

Rush Street Interactive (NASDAQ:RSI) Chief Operating Officer Mattias Stetz reported the sale of 20,000 shares of Class A Common Stock on April 1, 2026, according to a Form 4 filed with the Securities and Exchange Commission.

The shares were disposed of at a weighted average price of $22.0722, producing total proceeds of $441,444. Transaction prices spanned from $21.74 to $22.32. The filing notes the disposition was executed pursuant to a pre-arranged 10b5-1 trading plan.

Following the sale, Stetz directly owns 237,874 shares of Rush Street Interactive. He additionally holds an indirect stake of 125,448 shares through his spouse, as reflected in the filing.

The timing of the transaction coincides with RSI trading near its 52-week high of $22.80. Over the trailing 12 months the stock has returned approximately 99%.


Analyst coverage and company performance

Rush Street Interactive has recently featured in several analyst reports and strategic updates. The company’s fourth-quarter results topped expectations, according to commentary included in the filings and analyst notes cited, with a 51% year-over-year increase in monthly active users in North American iCasino markets.

That user growth is highlighted as a factor that could enable the company to outperform broader industry trends in the first quarter of 2026.

Specific analyst actions include Benchmark reiterating a Buy rating with a $24.00 price target, citing the company’s casino-first strategy and operational efficiency. Freedom Capital Markets opened coverage with a Buy rating and a $25.00 price target on a 12-month outlook tied to fiscal 2028 projections. Citizens upgraded the stock to Market Outperform, pointing to a durable business model and robust iGaming growth.

Benchmark also noted improved growth prospects tied to changes in Colombia’s tax framework, while observing that those tax changes affected Rush Street Interactive’s 2025 revenue and adjusted EBITDA.


Valuation note

InvestingPro analysis, as referenced in related reporting, indicates RSI remains undervalued relative to its Fair Value. The platform’s Pro Research Report covering RSI is included among more than 1,400 US equities in its research universe.

This coverage and the Form 4 disclosure together provide investors with details about insider activity, company performance, and analyst perspectives as the company enters 2026.

Risks

  • Tax changes in Colombia affected Rush Street Interactive’s 2025 revenue and adjusted EBITDA, introducing geographic regulatory and fiscal uncertainty that can impact company financials - relevant to the gaming and international markets.
  • Insider selling, even when executed under a 10b5-1 plan, may be interpreted variably by investors and can add short-term pressure on market sentiment - relevant to equity markets and investor confidence.
  • Valuation assessments differ; while InvestingPro flags RSI as undervalued relative to its Fair Value, differing analyst price targets and projections to fiscal 2028 introduce valuation uncertainty for investors in the online gaming sector.

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