Rush Street Interactive CFO Sauers sells shares worth $335k

Published 01/10/2025, 23:14
Rush Street Interactive CFO Sauers sells shares worth $335k

Rush Street Interactive, Inc. (NYSE:RSI), a $4.6 billion market cap company whose stock has surged 82% over the past six months, reported that Chief Financial Officer Kyle Sauers sold 15,038 shares of Class A Common Stock on September 30, 2025, for $22.34, totaling approximately $335,948. The sale was executed under a pre-arranged 10b5-1 trading plan dated August 8, 2024.

On September 29, 2025, 19,725 shares were withheld by Rush Street Interactive to cover income tax obligations related to the vesting of Sauers’ restricted stock units. The shares were transacted at a price of $21.72, for a total value of $428,427.

Following these transactions, Sauers directly owns 418,651 shares of Rush Street Interactive’s Class A Common Stock. He also indirectly owns 4,700 shares through a child.

In other recent news, Rush Street Interactive has seen a series of positive developments. Benchmark raised its price target for the company to $24, citing a strong start to the third quarter with increased user growth and monetization. Needham also increased its price target to $21 following Rush Street Interactive’s better-than-expected second-quarter results and an upward revision of its full-year 2025 guidance. Additionally, the company announced the appointment of Shubham Tyagi as Chief Technology Officer, bringing over 20 years of experience in technology leadership.

Meanwhile, Rogers Sugar declared a quarterly dividend of $0.09 per share, payable on October 15, 2025, to shareholders of record as of September 26, 2025. This dividend is noted to qualify as an eligible dividend under Canadian tax regulations. In another update, JMP Securities reiterated its Market Outperform rating on PENN Entertainment, maintaining a price target of $25. These developments reflect recent strategic and financial activities across these companies.

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